• US asset managers decline to back 'over-reaching' E&S resolutions

    13 September 2023

    Support for environmental and social shareholder resolutions fell by 10 percentage points in the 2023 proxy season, with asset managers arguing the motions were often 'overly prescriptive' or 'redundant', Morningstar Manager Research has found.

  • Australian regulator hits Vanguard with greenwashing litigation - again

    25 July 2023

    The Australian regulator has launched legal proceedings against Vanguard Investments Australia for misleading investors over its "ethically conscious" fund.

  • Australian regulator launches greenwashing litigation against superfund

    28 February 2023

    The Australian regulator has launched court action against 'superfund' Mercer Super for misleading its sustainable fund investors over its involvement in fossil fuels.

  • Vanguard exit could be opportunity to 'clarify aim' of net-zero initiative

    08 December 2022

    The withdrawal of Vanguard from the Net Zero Asset Manager initiative (NZAM) could be a great opportunity for the initiative to clarify its aim and push members for greater action on passive assets, a campaigner told Environmental Finance

  • Vanguard, Baird have 'long way to go' on ESG, says Morningstar

    03 October 2022

    Morningstar said Vanguard and Baird are among the asset managers that have a "long way to go" with regards to their commitment to environmental, social and governance (ESG),...