Revealed: US asset management giants lead pro-climate proxy voting worst performers
Capital Group, T. Rowe Price and BlackRock register worst records
US firms lead worst-performers on pro-climate proxy voting activity
Asset management giants Capital Group, T. Rowe Price and BlackRock have been revealed as the three worst-performing asset owners with regard to climate-related proxy voting, according to a report by campaign group ShareAction.
The report, Voting Matters, demonstrates that US groups are lagging European counterparts in forcing positive climate action from companies they invest in, which ShareAction said is "highly concerning"...
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