As a global leader in tech and one of the world’s most valuable companies, Google has both the power and the responsibility to tell Vanguard to do better.
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Dear Green American,
Vanguard is the world’s second largest investment management company and top investor in fossil fuels globally – with nearly $268 billion in coal, oil, and gas. Vanguard has done next to nothing to protect its customers and clients from the risks of climate change or embrace the climate transition that science demands.
But we can change this.
Email Google and Vanguard leadership now and tell them to stop financing the climate crisis.
TAKE ACTION
With over $27 billion invested in Vanguard funds, Google is Vanguard’s largest corporate retirement client. Google’s Vanguard-managed retirement plan has more than $2 billion invested in fossil fuels.
Even worse, a study by the University of Waterloo for our allies at As You Sow found that Google’s employee 401(k) plan could have earned over $1 billion in additional returns had the company divested the plan from fossil fuels 10 years ago.
As a global leader in tech and one of the world’s most valuable companies, Google has both the power and the responsibility to tell Vanguard to do better.
You have the power to call on Google to live up to its climate commitments by demanding a fossil-free retirement plan from Vanguard that protects our future, and threatening to take its business elsewhere should Vanguard refuse.
Once Vanguard starts feeling the heat from its largest corporate client, perhaps it will finally start to rethink whether fossil fuels are a worthwhile investment after all.
Ask Google to do right by its employees, its climate commitments, and the planet by demanding that Vanguard provide Google employees with a fossil-free 401(k) plan.
Email Google leadership with a copy to Vanguard now and tell them to stop financing the climate crisis.
TAKE ACTION
Yours for a green economy,
..................
Cathy Becker
Responsible Finance Campaign Director
Green America
1612 K St NW #1000, Washington, DC 20006
(800)-58-GREEN www.greenamerica.org
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