Vanguard Quits Carbon-Reduction Pact Amid Political Pressure

  • Print
  • Reprints
Text
  1. Small
  2. Medium
  3. Large

Vanguard said it is leaving the Net Zero Asset Managers initiative, an international carbon-reduction pact that has become a lightning rod for criticism of environmentally motivated investing.

The move comes as Vanguard has been facing intensifying political pressure over its ESG initiatives—efforts to offer investments aligned with certain environmental, social, or corporate governance factors. 

In...

Barron’s Advisor

Free Registration

Welcome to Barron’s Advisor! Our content is free but available only to wealth management professionals. To read this article, please provide the information below so we can confirm that you work in the industry. All fields are required. If you’re not a wealth management professional, you can find other great financial content at barrons.com. If you have any questions, please contact us a advisor.editors@barrons.com