US asset managers decline to back 'over-reaching' E&S resolutions
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
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
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
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 fined by ASIC for greenwashing
Vanguard, Baird have 'long way to go' on ESG, says Morningstar
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),...