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Vanguard exit from $66tn net-zero coalition could trigger ‘domino effect’, ESG expert warns
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Vanguard’s sudden exit from the Net Zero Asset Managers initiative could prompt other US fund groups to walk away, a leading ESG expert has warned.
The $8.1tn passives giant confirmed on 7 December it was pulling out of NZAM, dealing a major blow to the $66tn global alliance trying to combat climate change.
“This news is likely to trigger...
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