Vanguard did not back any ESG shareholder proposals during 2024’s AGM season
Follows BlackRock’s voting reaching record low
Follows BlackRock’s voting reaching record low
‘It’s easier to continue business as usual with insufficient pressure from regulators and shareholders’
Clients threaten to withdraw funds if Vanguard doesn’t change direction on climate risk mitigation
The world’s four biggest investors in fossil fuels are Vanguard, BlackRock, State Street and Capital Group
‘Smacks of cowardice’ said one investor who is reviewing positions in JPMAM as a result
Goncalves spent the past eight years at Vanguard working on global corporate ESG funds and ETFs
Vanguard is alleged to have misled the public over its Vanguard Ethically Conscious Global Aggregate Bond Index Fund (Hedged) fund
Vanguard was hit with three infringement notices in November in Australia
Vanguard and BlackRock supported less than 20% of the resolutions
Two companies recently left alliances for very different reasons, and enforcing standards is a question
Two companies recently left alliances for very different reasons, and enforcing standards is a question
BlackRock, Schwab, Vanguard and State Street could be inviting a political backlash with proxy voting campaigns aimed at avoiding a political backlash