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Giant global asset managers have $82 billion in coal projects, $468 billion in oil and gas

Giant global asset managers are still dumping tens of billions of dollars into new coal projects and hundreds of billions of dollars into major oil and gas companies. That’s according to a report out Wednesday from Reclaim Finance, an organization disclosing financial sector investments in fossil fuels. The report, titled “The Asset Managers Fueling Climate . ....

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Over 100 Organizations Escalate International Climate Campaign on Vanguard

Today, in an open letter to Vanguard CEO Tim Buckley, over 100 organizations representing over 6 million people called on the world’s second-largest asset manager to enact the visionary financial leadership that is needed to meet the scale and urgency of the climate crisis. The letter comes with the launch of Vanguard S.O.S. ....

United States , Delaware River , Tim Buckley , Eileen Flanagan , Bill Mckibben , Roshan Krishnan , Beverly Ortiz , Cecilia Behgam , Ben Cushing , Casey Harrell , Lara Cuvelier , Myriam Fallon , Action Center On Race , Free Finance Campaign , Sierra Club , Earth Quaker Action Team , Big Problem , Fossil Free Finance Campaign Manager , Sustainable Investments Campaigner , Delaware Valley , Campaign Director , Global South , Senior Researcher , Action Center , Climate Finance Campaigner , Organizing Director ,