A Costco shareholder resolution over greenhouse gas emissions last month passed by a landslide, and it could mark the beginning of a wider campaign against food distributors’ practices. Seventy percent of shareholders at the company’s annual meeting Jan. 20 voted ...

The Department of Labor has issued a proposed rule that would empower ERISA fiduciaries to consider environmental, social and governance factors when making investment decisions on behalf of plan participants and when voting corporate proxy ballots. The proposal reverses the ...

A BlackRock Inc. decision to give some of its biggest clients more power to vote at shareholder meetings just added a new twist to the raging debate at the heart of ESG investing.  The world’s largest asset manager revealed Thursday that starting ...

During the recent proxy season, BlackRock Inc. voted against more than four times the number of board directors it voted against last year because they failed to act on climate issues. The New York-based asset manager rejected 255 directors at ...

In the latest example of the wealth management industry adjusting to the growing demand for sustainable investing products and strategies, J.P. Morgan on Tuesday announced the acquisition of OpenInvest, a technology platform that helps financial professionals customize and report on ...