Who controls your 401(k)? And can you trust them?
Vanguard holds your pension but do you know what they are doing with your money?
They are the 2nd largest asset manager in the world, commanding over $8 trillion in assets under management.
AND YET, they say they are mitigating climate risk but really they are using your pension to fund new fossil fuel developments.
Vanguard is neither a safe nor a smart choice, they say that mitigating climate risk is a priority, but its corporate practices tell a very different story.
Do you want your future to be in the hands of a company that says one thing but does another?
With that immense power comes great responsibility, which Vanguard is evading – and it's trailing behind the rest of the financial industry by doing nothing knowingly.
It has invested over $300 billion invested in fossil fuels and recklessly invests in projects that harm Indigenous and frontline communities.
But it doesn’t have to be this way.
Google, Amazon, Oracle and Microsoft are one of Vanguard’s biggest clients and you have the power to make significant changes and put pressure on them to rethink their investment strategy.
Tell your HR department that you don’t want an untrustworthy 401(k) provider and they can put pressure on Vanguard to make them reconsider their investment strategies and offer more climate safe 401(k) plans.
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