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The world’s largest mutual fund provider is pushing companies to disclose how climate change could hurt their business





FILE PHOTO: Jesus Rodriguez rescues Gloria Garcia after rain from Hurricane Harvey flooded Pearland, in the outskirts of Houston, Texas, U.S. August 27, 2017.  REUTERS/Adrees Latif/File Photo

  • Vanguard, the world’s largest provider of mutual funds, is pushing companies to disclose the risks climate change poses to their business.
  • Vanguard is a top shareholder in many large US corporations, so it can impact how companies are run at high levels.
  • It’s a sign that investors are taking climate risks seriously.

The world’s largest mutual fund provider is pushing companies to disclose the risks climate change will pose to their business.

Vanguard, which is also the second largest provider of exchange-traded funds, manages trillions of dollars. It’s often a top shareholder in the largest US corporations — including Apple read more >>>

Source:: BusinessInsider.Com

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