Wells Fargo, Amex Investors Rebuff Pro-ESG, Anti-DEI Pushes (1)

Wells Fargo & Co. and American Express Co. shareholders on Tuesday repelled bids from both ESG supporters and DEI foes for information on the financial giants’ commitments.

New York State Comptroller Thomas DiNapoli and asset manager Harrington Investments Inc. sought reports from Wells Fargo on its environmental, social, and governance policies, raising questions about whether the megabank was meeting ESG commitments. Separately, the National Legal and Policy Center and Bowyer Research Inc. pushed American Express to ensure its executive pay and advertising practices aren’t biased, after previously expressing concern that actions companies take in connection with diversity, equity, and inclusion ...