Dear Friend, Green America is pleased to share the following from Amalgamated Investment Services™, a trade name of Amalgamated Bank™, a certified Green Business Network member that can help you with access to 100% fossil fuel free investing. Amalgamated Bank™ is “America’s socially responsible bank”, as well as the largest B-Corp bank in the country and the first bank to join the DivestInvest Movement. If you use an investment firm, do you know if it is: - Investing your dollars in industries you don’t support, such as the fossil fuel industry, military and nuclear weapons, or private prisons?
- Hiding these investments in funds labeled as sustainable or “ESG” (good on Environmental, Social, and corporate Governance issues)?
- Contributing to widening the wealth divide and working against social justice?
- Focusing only on enriching themselves at your expense?
- Underpaying essential employees on the front lines?
With massive amounts of new, so called “ESG” investment products and the prevalence of investment greenwashing, fossil fuel companies and corporate bad actors may be hiding in your portfolio. Over the past year we have helped many investors realize that the ESG investment products they invest in often contain the very companies they wish to avoid. Click here to schedule a call with a representative from Amalgamated to review what is really in the funds you own. A recent study showed one of the US’s largest asset managers used by individual investors controls holdings worth $86 billion in coal (i) and is one of the largest investors in tropical deforestation (ii). It should be clear to all that climate change needs to be addressed immediately. We view withholding dollars from bad actors as one of the best methods to effect change rapidly. Click here to learn how Amalgamated can align your investments with your values. What can we all do to help? The fossil fuel divestment movement is having an impact. For example, smaller fossil fuel companies are having difficulty raising funds to operate (iii). Now is not the time to take our foot off the pedal. You can make an impact by joining the global movement to divest from fossil fuels, spurring environmental and social justice. Amalgamated Investment Services shares your values for renewable energy. You can easily reflect these values by exploring a banking or investing relationship. Amalgamated offers: - The 100% Fossil Fuel Free Portfolios which are fully and completely divested of bad actors in the oil, gas and coal complex. Beyond the common exclusion screens employed by most firms, we also seek to integrate cleantech, sustainable agriculture and social and racial justice impact investments into our portfolios.
- Invest in Our Collective Future - We have the capability to craft customized portfolios to align your financial goals with your values. This can include attention to social and racial justice , gender equality, new technology, and deforestation.
We don’t just have a mission. We are on a mission to create a more just, compassionate, and sustainable planet, for workers, for families, for communities… for all of us. Please feel free to reach out and see how we can assist you in aligning your money with your values. For a green economy, Fran |