Well this is interesting (to me and probably only to me) -- (edited)
Posted by
znufrii
Feb 1 '23, 15:43
|
According to the email I just received from Vanguard, they are starting a pilot program that purports to give shareholders of their ESG funds input into those funds’ proxy voting policies (i.e. how the fund votes the shares of its portfolio companies). Usually a fund’s proxy voting policy is take it or leave it, if a shareholder even is aware that it’s a thing in the first place. Also interesting given the raft of new rules in the works for mutual funds in regards to how they use ESG, as one of the items being looked at is whether funds that describe themselves as having an ESG focus vote their shares accordingly.
|
Responses:
|