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Nest to vote down boards on climate
Financial Standard
|March 23, 2026
UK pension giant Nest will now vote against board chairs where the company they oversee has materially scaled back its climate commitments without explanation.
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Updating its voting policy, Nest said where adjustments are made to transition strategies, boards are expected to provide clear and evidence-based reasoning to shareholders. It said it will now be more explicit in its voting approach to support constructive dialogue with companies.
This story is from the March 23, 2026 edition of Financial Standard.
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