Danger Ahead

Vanguard continues to sink billions into fossil fuel companies with dangerous expansion plans that are driving the climate crisis, which could trigger the next global financial crisis. There’s no turning back: We can’t expand coal, oil, or gas if we hope to meet the goals of the Paris Climate agreement and limit global warming to 1.5°C.

Vanguard’s reckless actions endanger us all

The quiet giant based in Malvern, PA continues to go big on fossil fuels, with approximately $300 billion in exposure across its portfolio as of 2021, making Vanguard one of the top backers of fossil fuels worldwide. As the world shifts to clean energy, billions of dollars in fossil fuel assets — and the companies behind them – will quickly become worthless.

Danger Ahead

Climate inaction will produce devastating results

Economists increasingly agree that climate change will cause the next big financial crisis.
According to Swiss Re, climate chaos could reduce global GDP by 11% to 14% by 2050—a $23 trillion loss.
About half the world’s fossil fuel assets could become worthless by 2036.
Nearly half the world’s population is already vulnerable to dangerous climate impacts.

Extreme weather events like wildfires, floods, droughts, and hurricanes, have tripled in the last 30 years. We’re all feeling the climate chaos, but Black, Brown, Indigenous, and communities of color on the front lines are always the hardest hit. We need climate justice now, and we need Vanguard to do more.

Learn more about
the dangers of fossil fuels

How fossil fuels cause climate breakdown

How asset managers fuel the climate crisis

Racial justice impacts of extractive industries

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