Open letter urges new Vanguard CEO to ‘centre climate risk’ in investment decisions
Clients threaten to withdraw funds if Vanguard doesn’t change direction on climate risk mitigation
Clients threaten to withdraw funds if Vanguard doesn’t change direction on climate risk mitigation
Shareholders were also unsuccessful in requesting a review of BlackRock’s proxy voting record
Comes as 2024 Banking on Climate Chaos report shows Barclays increased fossil fuel spending in 2023
Applauds Texas and Germany for their ‘energy pragmatism’
SEC accused of ‘capitulating’ to industry lobbyists