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Aberdeen Group Disbands Trust, £3.6M Grants at Risk

7/1/2025

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Summary

Story summary

In a shocking move, Aberdeen Group plc has dismantled its Financial Fairness Trust, ousting its CEO and trustees after 16 years of vital social research funding. While the company calls this a "natural evolution," critics see it as a troubling sign against ESG and DEI efforts, leaving £3.6 million in promised grants hanging in the balance.

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Story summary

In a shocking move, Aberdeen Group plc has dismantled its Financial Fairness Trust, ousting its CEO and trustees after 16 years of vital social research funding. While the company calls this a "natural evolution," critics see it as a troubling sign against ESG and DEI efforts, leaving £3.6 million in promised grants hanging in the balance.