Google, Amazon, Oracle, and Microsoft are rightly proud of their ethics and principles. But does your 401(k) provider live up to these standards?

Your company is investing its employees’ savings in Vanguard but Vanguard invests your employees’ money in fossil fuel companies - it is the 2nd biggest investor in fossil fuels worldwide.

Like many companies, you are making increasingly bold commitments to champion inclusivity and tackle inequalities in the workplace to ensure that your employees have a positive work experience and boost productivity and decision making.

However, Vanguard’s investments in fossil fuels are funding the climate crisis, which is harming Black, Indigenous, people of color, and other underrepresented communities first and worst.

Not only is Vanguard not living up to your company standard, it is also going against the wants of your employees. A recent Morgan Stanley study found that 90% of millennials want sustainable investments as an option within their 401(k) and that 75% of millennials believe that their investments can influence climate change.

You can change this by working with Vanguard to provide a sustainable and socially responsible 401(k), which better aligns with your values and invests in a better future for all.

As investors and stakeholders call for more action on climate change and social justice, your company can be a part of the solution and help to lead the way.

What you can do

You can join other business leaders by asking Vanguard to provide your company with a climate safe 401(k). This protects your employee’s financial future and reaffirms your company’s values.

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