I’ve always appreciated Vanguard’s relative transparency and education material and insight into their thinking. However, I think they should be taking a stronger stance on long-term effects e.g., climate change, as good stewardship for all businesses and economy ad a whole. Allowing the owners to contribute to voting is a small but useful step.
The most interesting thing to me, personally, is the Glass Lewis ESG policy statement that defines what an independent board member is and then strives to have at least 2/3 of the Board meet that definition.
Comments
I’ve always appreciated Vanguard’s relative transparency and education material and insight into their thinking. However, I think they should be taking a stronger stance on long-term effects e.g., climate change, as good stewardship for all businesses and economy ad a whole. Allowing the owners to contribute to voting is a small but useful step.
The most interesting thing to me, personally, is the Glass Lewis ESG policy statement that defines what an independent board member is and then strives to have at least 2/3 of the Board meet that definition.
https://corporate.vanguard.com/content/dam/corp/advocate/inv...