Vanguard’s withdrawal from “Net Zero Asset Managers Initiative” is the end of glib ‘win-win’ thinking

Vanguard Thumbnail

Here’s a note from Alison Taylor:

Vanguard’s withdrawal from the Net Zero Asset Managers Initiative has been widely criticized as a sign of insufficient commitment to ESG. In this great piece for Harvard Business Review, Ken Pucker explains that what it actually symbolizes is the end of glib win-win thinking and empty PR, and points to some encouraging signs that ESG finance is finally developing approaches that will drive the results we need.