Asset management companies like Vanguard manage billions of dollars in retirement savings for everyday Americans like us. These savings should help us retire in a cleaner, greener, more just world. Unfortunately, Vanguard is also the biggest global investor in fossil fuel companies, and does little to hold corporate polluters accountable for their destruction – which harms the planet and puts our investments at risk.

Vanguard has an opportunity to change course. Tell Vanguard's new CEO to protect people, the planet, and our investments from climate change.
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Friend, across backgrounds, we all want our families to have a safe environment, live in healthy communities, and grow our savings for the long-term. But for too long, giant asset managers like Vanguard have been failing us on climate.

Vanguard is the biggest investor in fossil fuel companies and has among the worst records for holding corporate polluters accountable for their destructive impacts.

Vanguard's investments in dirty energy and corporate accountability records enable more toxic pollution, climate disasters (like extreme heat), and public health impacts. If that weren't bad enough, these practices also threaten the health of our economy and the financial future of its clients by making the climate crisis worse and slowing the clean energy transition. These actions violate Vanguard's first and foremost responsibility to ensure its clients' savings are protected for the long-term.

Fortunately, we have the chance to change course. Vanguard just announced a new CEO, Salim Ramji, who has an opportunity to steer the company in a new direction by focusing on responsibly addressing the climate crisis.

Ramji needs to hear from his clients and all of us demanding change: Call on Vanguard to change course and protect our climate.
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We can't let companies like Vanguard continue business as usual. Right now, our communities are facing the repercussions of climate change caused by dirty fossil fuels through extreme heat, wildfires, drought, severe storms, and more.

Continued investment in polluting coal, oil, and fracked gas also places the retirement savings, 401Ks, and pensions that our families rely on at risk. Asset managers like Vanguard manage the savings of everyday Americans like us. They are responsible for protecting our financial futures, which includes not using our savings to fund fossil fuel expansion and destructive practices that hurt our economy and planet.

Vanguard could help lead the way regarding better investments and voting practices, but right now, they're failing us and future generations. Actions to address the climate crisis can impact our long-term investments: through shareholder voting, corporate engagement, fund offerings, working with clients to shift their investment strategies and more, Vanguard can make necessary changes to help mitigate climate change and protect its clients’ investments.

When their customers and the public demand change, we know that companies like Vanguard can act quickly to change. It doesn't make financial sense for Vanguard to enable more dangerous and risky fossil fuel projects that accelerate the climate crisis. Instead, we can invest in a clean energy future where everyone can breathe clean air, drink safe water, and live a good life.

It's time to make Vanguard the vanguard of its industry. Tell the company's new CEO to protect its clients' investments – and our planet – by taking action to combat the climate crisis.
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Act Now!
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Thank you for demanding change.

Jessye Waxman
Senior Campaign Strategist, Fossil-Free Finance
Sierra Club

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