OUR PLANET needs to come BEFORE PROFIT.

 

 

 

After years of climate pressure on large investors, major asset managers BlackRock and Vanguard are starting to respond to activist demands, but their steps are too small and too slow.   Soon, BlackRock and Vanguard will be voting at several fossil fuel company meetings. We need your signature to help us demand that they vote for critical climate resolutions and remove corporate board members who oppose or delay climate action.   The clock is ticking.     Add your name to the Union of Concerned Scientists' petition and tell money managers to act now on climate >> ADD YOUR NAME           Dear friend,          When it comes to fossil fuel accountability, these next few weeks are the most exciting and nail-biting of the year at the Union of Concerned Scientists.    This is the month when shareholders, investors, directors, and leaders of fossil fuel companies come together and vote on the future of their businesses. As two of the world's largest asset managers, BlackRock 's and Vanguard 's sizable investments in fossil fuels—exceeding more than $100 billion—make them critical players in these votes.    Before the shareholder meetings of ExxonMobil, Chevron, and other Big Oil companies, we need you to tell BlackRock and Vanguard to vote for critical climate resolutions and against climate-denying board members at fossil fuel companies. Please add your name now >>        Three years ago, BlackRock CEO Larry Fink wrote that companies should focus on serving a social purpose. Last year, in response to growing pressure from activists like you, Fink signaled that BlackRock was ready and willing to "vote against management and board members when companies are not making sufficient progress" on climate action.    Yet despite small steps, neither company's track record holds up. For the past few years, BlackRock and Vanguard have repeatedly failed to support a number of critical climate shareholder proposals. These investment giants have continued to support corporate board members who delay climate action in favor of raking in more profit.        Sign our petition today. We need your voice to hold BlackRock and Vanguard accountable: They can use their votes to remove board members at companies who actively work against climate progress.            SIGN THE PETITION             Annual corporate shareholder meetings are a unique time to set the stage for the future of fossil fuel companies. But for years, money managers have ignored their responsibility to shape that future.        Take action now to demand that BlackRock and Vanguard back their climate commitments by voting in favor of critical climate shareholder resolutions and remove anti-climate board members.            SIGN ON         Thanks for your support,           Union of Concerned Scientists.                               Union of Concerned Scientists. Daily Kos, PO Box 70036, Oakland, CA, 94612.