Across North America, working people are under attack – from extreme weather disasters to financial systems still tied to climate-destroying industries.
This is clear in Hollywood, where even as actors, writers, and crew members won fair wages and safe working conditions, their retirement fund is quietly investing millions in the fossil fuel industry. Right now, at least $100 million of the SAG-Producers Pension Plan is invested in fossil fuel companies — the same corporations driving climate collapse.
That’s why earlier this month, Stand supported the launch of the Retire Big Oil campaign in coordination with more than 500 actors, including Jane Fonda, Don Cheadle, Rosario Dawson, and Mark Ruffalo, who are speaking out to demand divestment and push for a climate-safe pension plan.
Big Oil is in 99% of retirement plans, and they’ve been losing us all a lot of money. Getting out of fossil fuels is one of the most impactful climate actions we can take.