.IEEFA.org's latest report sheds light on how passive portfolios are exposed to impacts of the climate crisis.

As warnings about losses from fossil fuel-reliant assets grow, it's clear that all investors must adapt to climate realities.
climate-votes.org/climate-risk-c…

Thoughtful letter from Ben Safran of Brown University highlighting Vanguard's poor record on fossil finance and shareholder voting on resolutions surrounding issues like racial equity, organized labor and political spending disclosures.
browndailyherald.com/article/2024/0…

'Vanguard proclaims its commitment to investors' hope for a secure retirement, but Vanguard's #FossilFuel investments are helping to foster extreme weather events and climate degradation and, as such, are actually financially risky in the long run.'

EarthQuakerActionTeam ncronline.org/earthbeat/view…

Fink is right: retirement is getting harder & capital markets have an important role to play, but his missed the mark on causes. #climatechange is one of the biggest drivers of financial instability and BlackRock's decisions are making it worse.

👉 sierraclub.org/press-releases…

Interesting article from Paul Rissman which makes the case that climate-related financial risk is something which fiduciaries (including asset managers like Vanguard) really should be taking into account for retirement funds.
forbes.com/sites/paulriss…

'Vanguard...has acknowledged that climate change poses a material risk to the economy'

'Despite its understanding of the problem, Vanguard...is putting short term gains ahead of the long term safety of its customers and their retirement accounts'
buckscountybeacon.com/2024/03/invest…

Investing in oil and gas is a losing long-term bet - just ask Google employees who missed out on over $1bn in retirement savings by investing in fossil fuels through their Vanguard 401(k).

asyousow.org/reports/2024-w…

Google employees missed out on over $1 billion in retirement returns by investing in fossil fuels through their @Vanguard 401(k) plan.

It's time for Google to demand that Vanguard protect their employees' life savings from climate-related financial risk.
asyousow.org/reports/2024-w…

Execs at Vanguard may act as if they're living in a bubble when it comes to the impacts of their fossil fuel investments.

With 'TerraDome', the spoof product launched last week by activists posing as Vanguard, they can do just that!

Incredible work from The Yes Men.

So Vanguard's CEO Tim Buckley is retiring... this is a chance for the company to correct course, and finally take climate risk seriously.

Write to Vanguard’s board and ask them to pick a climate champion as their next CEO: ✍️✍️✍️ vanguard-sos.com/email-vanguard…

Join our webinar on March 11th where Jessye Waxman from Sierra Club will be talking about how asset managers are funding destructive fossil fuel projects - and specifically Vanguard's connection to the Mountain Valley Pipeline.

Register here: powhr.org/event/info-ses…

Vanguard is the world’s top investor in #FossilFuels , and has refused to address concerns about material risk from climate change.

With the search underway for a new CEO, this is our chance to push the asset manager to change its ways:
vanguard-sos.com/email-vanguard…

The Mountain Valley Pipeline threatens to devastate communities throughout Appalachia.

Hear from those living along the intended route of this massive fossil fuel infrastructure project, and what we can do to stop it.

Register for our webinar here: powhr.org/event/info-ses…

Dr Crystal Cavalier-Keck (@mosnukhenomp) has been working for over 5 years to defend her homelands from the ongoing Mountain Valley Pipeline project.

Hear more from Dr. Crystal and other frontline voices at our upcoming webinar. Register here: powhr.org/event/info-ses…

On March 11th we'll be joined by Denali Sai Nalamalapu, co-director of Protect Our Water, Heritage, Rights, to talk about the Mountain Valley Pipeline and the destructive impacts which this project will have on affected communities if it goes ahead.

Register for the webinar here: powhr.org/event/info-ses…

“Tim Buckley has the luxury of retiring in a stable climate, but Vanguard's continued investment in drivers of climate risk means that many of its clients won’t enjoy the same privilege.' - Jessye Waxman

Read our full statement here:
vanguard-sos.com/tim-buckley-re…

Yesterday, Vanguard announced that CEO Tim Buckley would be retiring at the end of the year, creating opportunity to act on #climate

(for the rest of the post to makes sense, it should be noted that Vanguard, the investment first, is named after a British naval ship) /1