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Investment Giant Vanguard Pulls Out of ‘Net-Zero’ ESG Initiative

Vanguard Group, one of the world’s largest investment firms, recently announced its withdrawal from the Net-Zero Asset Managers Initiative (NZAMI), an ESG-focused initiative that aims to help asset managers reach net zero emissions by 2050. This move has come as a surprise to many in the industry as Vanguard had been an active participant in …