What proxy votes show about how dead ESG is
Support is down among big fund companies, but they haven't really changed their stances, and they're far from leading on sustainability issues.
Looking at some recent headlines about the drops in BlackRock’s and Vanguard’s support for shareholder resolutions, it would seem as if ESG is all but dead — with politicians winning the odd battle they're waging on the asset managers.
After all, BlackRock supported just 7% of environmental
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