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Asset Manager Vanguard Pulls Out of International Climate Initiative, Possibly Under Republican Pressure

Markus Spiske
/
Unsplash

Vanguard pulled out of an international climate initiative aimed at cutting carbon emissions, angering climate activists. The suburban Philadelphia company is one of the largest asset managers in the world. StateImpact Pennsylvania’s Susan Phillips reports increased pressure from Republican politicians may have driven the decision.

Read the full story here.

(Original air-date: 12/14/22)

Susan Phillips tells stories about the consequences of political decisions on people's every day lives. She has worked as a reporter for WHYY since 2004. Susan's coverage of the 2008 Presidential election resulted in a story on the front page of the New York Times. In 2010 she traveled to Haiti to cover the earthquake. That same year she produced an award-winning series on Pennsylvania's natural gas rush called "The Shale Game." Along with her reporting partner Scott Detrow, she won the 2013 Alfred I. duPont-Columbia University Journalism Award for her work covering natural gas drilling in Pennsylvania. She has also won several Edward R. Murrow awards for her work with StateImpact. She recently returned from a year at MIT as a Knight Science Journalism Fellow. A graduate of Columbia School of Journalism, she earned her Bachelor's degree in International Relations from George Washington University.