The article documents that Vanguard is engaging in politically-motivated proxy voting on progressive issues. From an anti-authoritarian standpoint, using corporate power to advance progressive causes such as diversity and environmental responsibility can be seen as a bulwark against authoritarian, far-right influences. While this represents a departure from traditional, profit-only approaches, it aligns with anti-fascist values by supporting policies that benefit marginalized communities.

Opinion: BlackRock, Vanguard and other index-fund giants are playing politics with proxy votes. They should focus on profits.

Vanguard's involvement in federal lobbying, as reported, indicates an effort to engage in policy advocacy in support of ESG principles. In a politically charged environment where progressive values are under attack, this lobbying can be interpreted as an anti-authoritarian move aimed at defending diversity, equity, and inclusion. Although corporate lobbying carries inherent concerns about undue influence, its use to back progressive ESG policies is viewed positively from an anti-fascist perspective.

BlackRock, Vanguard splash on lobbyists as ESG battles rage ahead of US election

The report's allegations that Vanguard has been ignoring human rights suggest a failure to uphold ethical labor practices. This neglect potentially harms marginalized workers and reflects poorly on the company's commitment to human rights, aligning with concerns over corporate complicity in issues that indirectly support authoritarian practices by undermining worker rights.

Fidelity, Vanguard and JPMorgan accused of ignoring human rights

The article points out that Vanguard, as a leading asset manager, has significant influence yet has failed to actively address serious human rights issues. This inaction negatively reflects on its commitment to labor rights and human rights practices, which is crucial given its impact on vulnerable communities.

BlackRock, Vanguard, Fidelity among fund groups called out over failure to tackle human rights abuses

Vanguard’s political action committee contributed funds to GOP lawmakers who vocally oppose ESG and progressive policies. Such donations align the company with lawmakers who undermine progressive reforms, thereby contributing to an environment that can empower authoritarian and anti-inclusion agendas. From an anti-fascist perspective, this complicity in funding politicians opposing measures that protect marginalized communities and promote social responsibility is concerning.

GOP lawmakers vilify ESG moves at BlackRock, Vanguard

By pausing its political contributions, Vanguard is taking a cautious approach to its involvement in political funding. This measure minimizes risk of indirectly supporting authoritarian agendas through unchecked political donations, and reflects a commitment to political accountability and transparency.

Vanguard says "paused" political contributions

Vanguard Group's reported $2.43 million lobbying spending in 2023 signals a robust effort to shape public policy, which can contribute to entrenched corporate influence and undermine democratic accountability. From an anti-fascist perspective, such efforts that potentially skew political power in favor of concentrated corporate interests are viewed negatively.

Vanguard Group Lobbying Reports • OpenSecrets

The EEOC lawsuit and resulting settlement highlight serious failings in ensuring a discrimination-free work environment. The company's alleged retaliation and subsequent corrective measures indicate a significant neglect of worker rights and ethical labor practices, negatively impacting marginalized employees.

VANGUARD GROUP TO PAY $500,000 FOR RETALIATION