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

BusinessGreen staff
Author spotlight

BusinessGreen staff

View profile
More from BusinessGreen staff

Why demand for UK green bonds remains strong, despite Trump's pushback against ESG in the US

If government is serious about nature recovery, it must harness the full power of the market to do so

More on Risk

How a 'growing wave' of litigation linked to renewables value chains could slow the clean energy transition
Risk

How a 'growing wave' of litigation linked to renewables value chains could slow the clean energy transition

Experts warn that it companies and investors fail to urgently address disregard for the human rights in the renewable energy value chain, 'we are likely to see a derailing of the much-needed clean energy transition'

Stuart Stone
Stuart Stone
clock 01 July 2025 • 7 min read
'Acting now is the only responsible choice': UKGBC urges government to treat climate resilience as a national emergency
Risk

'Acting now is the only responsible choice': UKGBC urges government to treat climate resilience as a national emergency

UK Green Building Council's new Climate Resilience Roadmap identifies areas across the country most vulnerable to climate hazards

Amber Rolt
clock 27 June 2025 • 3 min read
'Managing the inevitable': AXA Climate white paper to help businesses better prepare for extreme weather
Risk

'Managing the inevitable': AXA Climate white paper to help businesses better prepare for extreme weather

New white paper to help firms rethink how they approach climate risk and combine global visions with 'very local' adaptation challenges

Stuart Stone
Stuart Stone
clock 20 June 2025 • 5 min read