UK pension funds slam Vedanta on ESG issues as share price tanks
Funds say company has been intransigent in the face of corporate engagement.
A group of UK pension funds has slammed Vedanta Resources, the FTSE100-listed metals and mining group, for ignoring shareholder lobbying on ESG issues after the company’s share price slid by 10% last week – wiping £300m off its market capitalisation – following an Indian governme…
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