Biggest U.S. index funds oppose most climate proposals in shareholder votes

FILE PHOTO: A road submerged in the flood waters of the Arkansas River is shown in this aerial photo in Fort Smith, Arkansas, U.S., May 30, 2019. To match Special Report USA-FUNDS/INDEX-CLIMATECHANGE REUTERS/Drone Base

(Reuters) – The far-reaching impacts of climate change on companies have investors pressing corporate leaders for action to minimize environmental damage and to maximize disclosure of risks to their businesses. The threats range from more frequent floods or wildfires that imperil major assets to regulations that could undermine profits. While votes on climate-related shareholder resolutions […]

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