Vanguard's decision to leave the world's biggest climate-finance group could impede on Biden's plan to protect Americans' savings from the climate crisis

Dec 9 2022 by Business Insider

 
In this photo illustration, the Vanguard Group logo is seen in the background of a silhouetted woman holding a mobile phone.

Rafael Henrique/SOPA Images/LightRocket via Getty Images

Vanguard announced on Wednesday it's pulling out of an initiative to fight climate change. It said that its involvement in the initiative sparked "confusion" among its investors. Biden previously proposed a plan to involve the financial sector in reaching net zero carbon emissions.

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Continue Reading Vanguard's decision to leave the world's biggest climate-finance group could impede on Biden's plan to protect Americans' savings from the climate crisis