Investors
Investors
Major investors — including asset managers like BlackRock and Vanguard and pensions like CalPERS — help people manage their retirement funds and other investments. But these financial institutions are also funneling money into the companies wrecking our planet. If we want to avoid climate chaos, we must call on investors to stop funding coal, oil, and gas and invest in clean energy.
Illustration by Jan Martijn Burger, Paperhand Puppet Intervention
Shareholder Showdown
Major asset managers BlackRock, Vanguard, and State Street are the #1 shareholders in some of the world’s biggest companies, meaning they have huge influence over the decisions that companies make during their annual meetings. We need money managers to steer large corporations toward a climate-safe future, not off the fossil fuel cliff.
Climate Safe Pensions
Some of the biggest clients of major asset managers include the state treasurers who manage hundreds of millions of dollars in pensions for nurses, teachers, and other government employees. These leaders have an enormous responsibility to ensure those pensions are protected from risky investments in fossil fuels.
