Vanguard´s large investments in the fossil fuel industry needs to stop

A recent report by 18 NGOs pointed out the immense investments that are still locked into a catastrpophic carbon intensive future. Vanguard was noted as having 104 billion dollars (!!) invested in bonds and shares in coal, oil and gas companies. How does Vanguard plan to change their investments away from this industry, use its shareholder influence over these companies to change their business models away from fossil fuels or at least influence their customers into not investing in such companies? There´s ESG investing options on your website but I think they could be much more prominent and conversely, the externalities of investing in fossil fuel companies should be front and center when investing. Read the full report cited here: https://urgewald.org/five-years-lost

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