Exciting news! Our coalition partners have just launched a new campaign: FixMyFunds. The goal is simple: for asset managers to create truly sustainable investment funds and make them the default option for customers.
Asset managers like BlackRock, Vanguard, and Fidelity are investing billions in the industries destroying our climate and harming frontline communities ― such as fossil fuels and the industries driving deforestation. The few “sustainable” funds that asset managers do offer are rarely little more than greenwashing.
Economists believe the climate crisis could cause the next financial crisis ― meaning investors need to act now, not only to prevent catastrophic climate change, but to prevent a major financial crash like the one that caused so much pain in 2008.
We need serious climate action from asset managers, and FixMyFunds is helping us wield our collective power as investors (or potential investors!) to demand the investments we need to tackle the climate crisis.
We know that you’re in the fight against climate change because you believe a more just, sustainable future is possible. It’s about time that asset managers like BlackRock ensured that your investments and retirement savings are aligned with those values.
We’ll be sharing more about FixMyFunds in the future ― but we hope you’ll take the first step and sign the petition today!
In Solidarity,
– the Stop the Money Pipeline team
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