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Like the NYTimes article, it calls out Vanguard and Blackrock, both of which say they engage in dialog:
Like BlackRock, Vanguard is content with private conversations, leaving the rest of us to wonder what questions were asked, what answers were given, what are the repercussions if promises are broken?
@MSF, Agreed BlackRock still has a long way to go, but is somewhat ahead of the curve relative to Vanguard in acknowledging that climate change is a material financial risk. This is why of the three big indexers I say State Street is now the best choice for both the environmentally conscious and the cost conscious. For those who are primarily concerned about ESG factors, smaller boutique shops like Pax World and Parnassus are light years ahead of any of these big firms. Perhaps Deutsche Bank's funds might represent an interesting compromise between concern for ESG and cost.
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https://preventablesurprises.com/blog/the-missing60-are-found-yet-still-are-lost/
Like the NYTimes article, it calls out Vanguard and Blackrock, both of which say they engage in dialog: