US asset manager Vanguard drops out of net zero investment initiative

Published 21:17 on December 7, 2022  /  Last updated at 21:34 on December 7, 2022  /  Americas, International, US, Voluntary  /  No Comments

The world’s second largest investment advisor Vanguard on Wednesday withdrew its membership from the Net Zero Asset Managers (NZAM) initiative, coming as Republican-led US states ramp up their attacks on ESG investing.

The world’s second largest investment advisor Vanguard on Wednesday withdrew its membership from the Net Zero Asset Managers (NZAM) initiative, coming as Republican-led US states ramp up their attacks on ESG investing.

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