I understand the concept but don’t believe Vanguard is any different than BlackRock, Berhshire hathaway et al. politically, economically nor investment wise. From their website:
What We Care About:
Building a sustainable future
The long-term impact of climate change represents a material risk to our investors and the way companies including ours will operate in the future. We are committed to minimizing the environmental impact of our operations.
Diversity, equity, and inclusion
Our differences make us stronger
At Vanguard, we aspire to create an inclusive and equitable work environment in which our crew can leverage all their skills and thrive. A thriving crew drives our mission to provide all investors with the best chance of investment success.
Ethics and integrity
Standing for stewardship
Vanguard is a company that stands for something—something more important than market share, growth in assets, or industry leadership. We stand for stewardship.
Each investor may have a vote but there hasn’t been much turnover on the Board of Directors.
Vanguard’s Chairman of the Board-
Tim Buckley is chairman and chief executive officer of Vanguard
Mortimer (Tim) Buckley is chairman of the board and chief executive officer of Vanguard. Previously, he was Vanguard’s chief investment officer, overseeing the company’s internally managed stock, bond, and money market portfolios as well as its investment research and methodology. He joined Vanguard in 1991 and has held a number of senior leadership positions, including chief information officer from 2001 to 2006 and head of the Retail Investor Group from 2006 to 2012.
Tara Bunch has served on the boards of Out & Equal, the University of California, Berkeley School of Engineering and Santa Clara University’s School of Business. Ms. Bunch became a Vanguard director in 2021.
Emerson Fullwood is executive in residence at the Rochester Institute of Technology, where he was the 2009–2010 Distinguished Minett Professor. He joined Vanguard in 2008.
Amy Gutmann is president of the University of Pennsylvania. In addition, she is the Christopher H. Browne Distinguished Professor of Political Science in Penn’s School of Arts and Sciences and professor of communication in its Annenberg School for Communication....became Vanguard director in 2006.
Joseph Loughrey is the retired president and chief operating officer of Cummins Inc. Has been Vanguard director since 2009.
Mark Loughridge is the board’s lead independent director. His responsibilities include serving as a principal point of contact for the independent directors, who appoint the chairman of the board. He is a member of the Council on Chicago Booth. Mr. Loughridge joined Vanguard’s board of directors in 2012.
He is a member of the Council on Chicago Booth. Mr. Loughridge joined Vanguard’s board of directors in 2012. In June 2020, he retired as chief investment officer and vice president of the University of Notre Dame,...Mr. Malpass joined the Vanguard board in 2012.
Deanna Mulligan joined Vanguard board in 2017.
André Perold has been Vanguard director since 2004.
Sarah Bloom Raskin has served as the deputy secretary of the U.S. Department of the Treasury, as a governor of the Federal Reserve Board, and as the commissioner of financial regulation for the state of Maryland. Been Vanguard board member since 2017.
David Thomas is president of Morehouse College and a trustee of Common Fund. He is a former professor of business administration at Harvard Business School and the former dean of Georgetown University’s McDonough School of Business. Vanguard director since 2021.
Peter Volanakis is the retired president and chief operating officer of Corning Incorporated. Vanguard director since 2008.
Vanguard investors are happy that they get a good return from their investment, but given the future direction, and their involvement in such nonsense as climate change Vanguard are IMO no different than the rest of Wall Street, aligned with the WEF Davos crowd.
Vanguard is not part of Wall Street because they are owned by the shareholders (fund investors). The Independent Directors can be voted out by the shareholders. You may be right about Vanguard’s leadership, but on the other hand, their website statements may just be blah blah boilerplate so they don’t get sued. It’s hard to tell any more.