The Epoch Times
The Epoch Times
AD
The Epoch Times
Support Us
SHARE
Business & MarketsCompanies

Vanguard Joins BlackRock to Cut Back Support for Shareholders’ ESG Proposals

It backed only two percent of such proposals at U.S. company meetings across during the 2023 proxy season.
Copy
Facebook
X
Truth
Gettr
LinkedIn
Telegram
Email
Save
Vanguard Joins BlackRock to Cut Back Support for Shareholders’ ESG Proposals
Giant wind turbines are powered by strong winds in front of solar panels in Palm Springs, Calif., on March 27, 2013. Kevork Djansezian/Getty Images
Bill Pan
By Bill Pan
8/29/2023Updated: 8/29/2023
0:00

Index fund giant Vanguard on Monday said it has narrowed support for shareholder resolutions on environmental, social, and governance (ESG) issues, backing only 2 percent of such proposals at company meetings across the United States during the 2023 proxy season.

In a report on its most recent voting history, the $7.2 trillion asset manager said this year has seen a record number of ESG proposals being brought up for a vote.

Bill Pan
Bill Pan
Reporter
Bill Pan is an Epoch Times reporter covering education issues and New York news.
Author’s Selected Articles

38 Attorneys General Urge Congress to Fully Fund 9/11 Health Program

May 21, 2025
38 Attorneys General Urge Congress to Fully Fund 9/11 Health Program

Bail Conditions Set for Congresswoman Involved in ICE Detention Center Clash in New Jersey

May 21, 2025
Bail Conditions Set for Congresswoman Involved in ICE Detention Center Clash in New Jersey

No Funding for Colleges Promoting DEI, Boycotting Israel: National Science Foundation

May 21, 2025
No Funding for Colleges Promoting DEI, Boycotting Israel: National Science Foundation

22 More People, Entities Charged in Arizona Medicaid Fraud Scheme

May 20, 2025
22 More People, Entities Charged in Arizona Medicaid Fraud Scheme
Related Topics
Vanguard
BlackRock
Save
The Epoch Times
Copyright © 2000 - 2025 The Epoch Times Association Inc. All Rights Reserved.