Climate Safe Pensions
Given the growing financial risk facing fossil fuel companies, it is no longer a responsible investment to put our hard earned pension dollars into an industry that is wreaking havoc on our planet and frontline communities. Nearly 30% of fossil fuel industry shares are held by pension funds – with as much financial power as pension funds hold, they could be a force to reckon with in the battle to address the climate crisis.
By financing fossil fuel companies, they enable these companies to continue to produce and burn more fossil fuels, driving up global greenhouse gas emissions at the very time when we need to be doing the exact opposite – urgently and rapidly decreasing emissions.
At Stand.earth, we are coordinating the Climate Safe Pensions Network, engaging in state and city pensions campaigns and mobilizing the power of the Stand community to pressure decision makers who control trillions of dollars. Unless we stop the money pipeline for dangerous fossil fuel companies, we have little chance of stopping the climate crisis.
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Pension funds must put people before profit
Our tax dollars and retirement funds are being used to support the powerful coal, oil, and gas companies that are causing the climate crisis, polluting our communities, and violating Indigenous rights and sovereignty.
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Pension funds must divest. Share a first-of-its-kind report with key pensions leadership that provides a roadmap
Demand climate justice and help ensure that “The Hidden Risk in State Pensions” lands in the inboxes of major public state pension funds’ executives and managers.
Free our pensions from fossil fuels
THIRTY PERCENT of fossil fuel stocks are owned by… pension funds. But fossil fuel stocks are increasingly risky during this era of energy transition.
Worker’s pensions shouldn’t rely on risky fossil fuel stocks. Tell your state government to divest.
Call on U.S. pension funds to divest from fossil fuels and protect workers
We must demand pension fund executives stop escalating the climate crisis and start backing their members with climate safe investments that are good for our pocketbooks and the planet.
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We have less than ten years to prevent irreversible harm from climate change. Let’s secure a safer planet together.
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