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The exit marks the initiative’s fourth departure in two years.
New York City comptroller sets out how he will step up scrutiny of managers.
UK and European clients want to know managers' alternative plans, express ‘disappointment’ over dropouts.
Public sector pension funds hold the line on collaborative engagement initiative after House Judicial Committee letter.
Commonwealth Bank of Australia leans on CA100+ framework to cut ties with clients lacking credible transition plan.
Latest departures from collaborative engagement initiative include leading responsible investment firm and B Corp.
One in 10 recipients of letter from House Judiciary Committee has left collaborative engagement initiative.
At least six US investors have have left the collaborative engagement initiative as right-wing lawmakers turn the screws on members.
California pension fund also issues warning to asset managers on voting.
US asset management giants left voluntarily in May, climate investor network confirms.