Revealed: US asset management giants lead pro-climate proxy voting worst performers

Capital Group, T. Rowe Price and BlackRock register worst records

Mike Sheen
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US firms lead worst-performers on pro-climate proxy voting activity
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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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