Vanguard Group backs climate disclosure in voting U-turn

BusinessGreen staff
clock • 3 min read

Asset manager breaks with tradition, revealing proxy voting records backing climate disclosure and promising to take more public positions on climate risk in the future

Major US asset manager Vanguard Group revealed yesterday a major break with past protocol, voting for the very first time against Exxon Mobil management in a shareholder resolution to require the oil giant...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Risk

'No longer distant or theoretical': How nature loss is eroding the foundations of financial stability

'No longer distant or theoretical': How nature loss is eroding the foundations of financial stability

Negligent management of natural assets would be 'unthinkable' in any other sector - yet, as a new report highlights, degradation that threatens dire consequences for financial systems and societies is allowed to continue

Stuart Stone
clock 30 April 2026 • 5 min read
Iran War: Oil prices rise again, fuelling fears of worsening economic fallout

Iran War: Oil prices rise again, fuelling fears of worsening economic fallout

UAE's surprise decision to quit OPEC fails to dampen oil prices, as reports suggest US is planning sustained blockade of Strait of Hormuz

James Murray
clock 29 April 2026 • 4 min read
Study: Plant-based mince and meatballs a third cheaper than meat options

Study: Plant-based mince and meatballs a third cheaper than meat options

Making plant-based spaghetti bolognese and lasagne now cheaper than using beef as Iran War and extreme weather drive up meat costs, Good Food Institute finds

Stuart Stone
clock 29 April 2026 • 4 min read