Fund managers claim they are pulling back from ESG - need to watch for backdoor approach - The Great Awakening

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Fund managers claim they are pulling back from ESG - need to watch for backdoor approach (www.foxbusiness.com)

posted 1 year ago by spookyjumper 1 year ago by spookyjumper +59 / -0

Vanguard joins BlackRock in rejecting more ESG proposals from shareholders

Mutual fund giant Vanguard reported Monday it has rejected 98% of the environmental and social proposals brought by shareholders this year, joining BlackRock in cutting ESG.

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– DecathlonLover 1 point 1 year ago +1 / -0

Yep, I was very skeptical when I read this earlier today. Guessing Vanguard saw the writing on the wall and is moving on to a less obvious Plan B.

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