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Climate Scientist Joins Exxon Board (02/03/17)
Investors Challenge Mutual Funds on Proxy Voting (01/20/17)
Many Large Mutual Funds Continue Failure to Address Climate Change (01/07/17)
January 20, 2017
Investors Challenge Mutual Funds on Proxy Voting by Robert Kropp
Sustainable investment firms respond to update by Ceres by pressuring mutual funds on their proxy voting records relating to climate change. Second in a two-part series.
SocialFunds.com -- When Ceres recently updated its annual tally of mutual fund voting on climate change resolutions, there was�as Timothy Smith of Walden Asset Management recently wrote in an email�signs of improvement. �Two or three years ago companies like State Street and Northern Trust voted against all climate resolutions and now they support a healthy percent of them,� Smith observed. �The great majority of mutual fund companies voted in favor of many climate-related resolutions,� Rob Berridge of Ceres wrote.
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