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We're creating an S&P 500 index fund that aggressively uses shareholder engagement to get companies to reduce emissions through their supply chains.
by emckay 7y ago
We're creating an S&P 500 index fund that aggressively uses shareholder engagement to get companies to reduce emissions through their supply chains.
- veezbo 7y agoThis seems like a great idea in theory- potentially better than the so-called luxury ETFs that only invest in what the fund manager deems as socially-responsible companies. If your expense ratios are low, and you allow me to have a meaningful say in how I or the fund as a whole votes for better climate outcomes, I would be personally interested. I'd love see how you guys do it, and will be following your progress.
- emckay 7y agoExactly! Thanks for the kind words.
- tonfa 7y agoI've always wondered, could large ETFs providers propose a few voting profile you could pick from and vote accordingly? Or are they forced to vote the same for all the shares they hold? I'd love to be able to tell eg vanguard how to vote, currently I'm an indirect shareholder with no voice.