alliance

Vanguard leaves the climate alliance as part of the Net Zero project

Vanguard leaves the climate alliance as part of the Net Zero project

Vanguard is pulling out of the top financial alliance on fighting climate change at a time when US Republicans have stepped up their attacks on financial institutions they say are hostile to fossil fuels. With $7.1 billion under management and more than 30 million clients as of October 31, Vanguard is the world’s second-largest fund …

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"Anti-awakening" reaction?  Fund giant Vanguard quits net zero climate alliance

“Anti-awakening” reaction? Fund giant Vanguard quits net zero climate alliance

Vanguard, the world’s second-largest mutual fund and exchange-traded fund manager, is pulling out of a major financial industry alliance designed to fight climate change, the company announced on Wednesday. Vanguard, in a statement, said it would monitor its progress independently of the alliance, in an effort to provide “clarity” to its investors. Some environmental groups …

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