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Investor pulse check: September 2023
While the ESG backlash seems to have settled out over the waning weeks of summer, its impacts on investors and public companies may be enduring. Across the buyside, we’ve witnessed a range of investor reactions – from near capitulation to unwavering focus on corporate sustainability. However, most institutional investors fall between these ends. Below we provide a digest of recent updates from the world’s largest passive investors, BlackRock, Vanguard and State Street.