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Sharp Fall in Large US Manager Support for ESG Proposals

European asset managers have boosted their support for ESG proposals, while US and UK asset managers stagnate.

News this week that the world’s largest asset managers, including BlackRock and Vanguard, curtailed support in 2022 for ESG-focused resolutions should come as little surprise.  BlackRock has been vocal, since Q2 2022, on its intention to support less environmental and social proposals. Vanguard’s decision to leave the Net Zero Investment…

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