02. Vanguard
- CEO: Salim Ramji
- Founded: 1975
- Headquarters: Pennsylvania, US
- Assets under management: US$7.2tr
As one of the largest asset managers globally, Vanguard is poised to make a significant difference in helping to finance the transition to a more sustainable economy.
Headquartered in Pennsylvania, Vanguard serves a range of clients including individual investors, financial advisors and institutional investors.
The company offers a selection of products that offer different ESG approaches to help fit individual client preferences. It aims to avoid providing a one-size-fits-all ESG approach by offering a range of different solutions.
Its ESG index products avoid or reduce exposure to certain ESG risks, including industries like fossil fuels, firearms and tobacco.
Vanguard’s active ESG funds allocate capital to companies with leading or improving ESG practices, to help investors achieve certain ESG outcomes.
The company also engages directly with firms held in its funds to understand how they manage material risks. Its Investment Stewardship Team engages with companies and seeks to address material risks.
Source: sustainabilitymag.com
