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Vanguard Seeks Corporate Disclosure On Risks From Climate Change
FYI: Vanguard Group on Monday said it has urged companies to disclose how climate change could affect their business and asset valuations, reflecting how the environment has become a priority for the investment industry. Regards, Ted http://www.reuters.com/article/us-vanguard-climate-idUSKCN1AU1ZF
This is good news and about time. But doing private negotiations with companies doesn't give Vanguard's shareholders much transparency as to what's really going on. The fact that Vanguard has actually shifted its proxy votes at companies like Exxon is far more meaningful.
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