BlackRock and Vanguard two of the biggest funders of the fossil fuel industry.As asset managers, these companies are trusted to make good long-term decisions with clients’ money. But continuing on a path to climate destruction is not a good long-term decision, and creates dangerous levels of risk — financial and otherwise.
It’s long past time for these investors to use their massive power to hold companies that violate Indigenous rights, drive deforestation, and profit from fossil fuels accountable.
This webinar is the perfect place to learn how the biggest asset management companies — BlackRock and Vanguard — fuel climate chaos. The pair are heavily invested in oil and gas. To give just one example, they are the two largest shareholders of the oil giant BP (formerly British Petroleum, responsible for accidents such as the Deepwater Horizon oil spill).
Whether you don’t quite know what an asset manager is or are already familiar with BlackRock and Vanguard, there’s room in this work for you. These financial companies don’t believe we have the ability to realize our collective power and come together to hold them accountable. Let’s prove them wrong.
Hope to see you there,
~ the Stop the Money Pipeline team
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