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Vanguard quits climate alliance in blow to net-zero project

Frances Schwartzkopff and Alastair Marsh

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London | Vanguard is walking out of the world’s largest climate-finance alliance, marking the coalition’s biggest defection to date as US Republicans step up their threats against firms deemed hostile toward the fossil-fuel industry.

Vanguard’s decision followed a “considerable period of review,” according to a company statement on Wednesday (Thursday AEDT).

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    Original URL: https://www.afr.com/companies/financial-services/vanguard-quits-climate-alliance-in-blow-to-net-zero-project-20221208-p5c4tu