Big Three Money Managers Cut Support of Environmental Proposals Saijel Kishan – Bloomberg The three biggest US money managers slashed their support of environmental and social shareholder proposals in the latest voting season amid a Republican-led backlash against sustainable investing. State Street Corp.'s investing unit said it supported 6% of environmental shareholder proposals in the first half of the year and 7% of social ones, less than what it did in the same year-ago period. Vanguard Group said last month that it didn't back any of those resolutions, while BlackRock Inc. said it voted for 4% of the proposals in the 12 months ending June, down from 7% a year earlier. /jlne.ws/3TzRcCL