This fall, EQAT and other members of the Vanguard S.O.S. campaign are taking action to challenge Vanguard on its stewardship hypocrisy, highlighting the ways the asset manager has failed to act on its own stated values. Photo by Rachael Warriner Vanguard says it considers climate change a “fundamental risk to companies and their shareholders’ long-term…
EQAT’s response to the heat. Credit Rachael Warriner. I confess I was feeling pretty low recently. The combination of the heat and the complete failure of our government to deal with the climate crisis felt like too much to face. But I dragged myself to a Zoom call with other groups around Philly who are…
What does the term “stewardship” mean to you? We discussed that during our recent general meeting, and here are a few things folks said: In contrast, Vanguard’s definition of stewardship is very narrow. Its continued investment in industries that are already destabilizing our climate–and therefore threatening our whole economy–show a real lack of long-term thinking….
The Vanguard’s Big Climate Problem Walk may be over, but getting Vanguard to solve its climate problem will be a marathon, not a sprint. That’s why we’ve been strategizing next steps, even as we rest and recover from the five-day walk. We are excited to share two upcoming opportunities to engage–a party and an action!…
The Vanguard’s Big Climate Problem Walk ended on Earth Day with a crowd of 150 people singing, “We are young and old together,” as 16 risked arrest to challenge Vanguard’s inaction on climate change. Some wore life preservers to symbolize the fact that some people have more protection than others from the effects of rising…
The Vanguard’s Big Climate Problem Walk began yesterday morning at the Covanta plant in Chester, where Chester residents spoke powerfully about the impact of Vanguard investments on their community. Speakers from Chester and from EQAT affirmed the connections between us and our campaigns and set off together with a song. It was a beautiful beginning…
Perhaps like you, I’ve been reading about the recent IPCC climate change report. Some news stories have emphasized encouraging signs, like the decreasing cost of clean energy. Others stress how much suffering will occur if we don’t change more dramatically and quickly. “Stopping Climate Change is Doable, but Time is Short,” concluded one New York…
One of the great things about being part of a global campaign is that we can use many types of strategies simultaneously. While EQAT primarily uses nonviolent direct action to pressure Vanguard, others can organize petitions, phone calls, and letter writing. The combination will make Vanguard especially nervous. That’s why we’re excited that our partners…
I know many of us are following the grim news from Ukraine. Many are pointing out the role that fossil fuels play in enabling brutal regimes, not only in Russia, but in countries that are US allies, like Saudi Arabia. Many are pointing out the role the US has itself played in wars for oil…
I’ve known for years that the pollution of local communities and the disruption of the climate we all share are fundamentally connected. It’s often the same industries that do both. I’ve also known that profit drives this destructive system. Still, researching the role of Vanguard’s investments in southeastern Pennsylvania, the region where I’ve lived most…
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