IR Magazine: Progress in U.S. ESG integration

30 Nov 2017 4:42 PM | Mary Adams (Administrator)

The title of this article is actually less positive: US lags behind Europe and Canada on ESG Integration but the content includes some good news: 

Between January and July 30, there were several proxy voting landmarks, with State Street voting against the election of directors at 400 companies without female board representation, and Blackrock, Vanguard and Fidelity voting in favor of shareholder proposals related to climate change – ultimately leading to ExxonMobil, Occidental and PPL Corporation being defeated at the ballot.

But only half (49 percent) of US institutions surveyed by RBC Global Asset Management use ESG principles as part of their investment approach, compared with 85 percent of institutions in Europe and 73 percent in Canada.

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