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submitted 10 months ago* (last edited 10 months ago) by kinther@lemmy.world to c/world@lemmy.world
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[-] veganpizza69@lemmy.world 4 points 10 months ago

Climate Safe Pensions - Stand.earth

Climate Safe Pensions

With more than $46 Trillion in assets worldwide, pension funds are one of the largest institutional investors in fossil fuels.

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.

[-] TokenBoomer@lemmy.world 1 points 10 months ago

That’s horrifying. The only choice is not to play.

this post was submitted on 08 Jan 2024
774 points (98.6% liked)

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