How do Powerful (Block) Owners Influence Corporate Environmental Performance (CEP)?
Ramsbury Invest AB has a controlling (57.5%) ownership stake in H&M, a fashion retailer that was recently enmeshed in a major greenwashing scandal. Similarly, Duke Energy, which has substantial concentrated ownership of the three largest mutual funds, pleaded guilty to federal environmental crimes surrounding the spilling of more than 39,000 tons of toxic coal ash […]
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