The following is from Save Darfur:
PetroChina is one of the largest oil industry partners of the government of Sudan--a government now headed by a wanted war criminal.
So you might be shocked to learn that in the past 3 months, The Vanguard Group—the world's largest family of mutual funds--has increased its holdings in PetroChina!
This week, Vanguard shareholders begin voting on a proposal to adopt a genocide-free investing policy—a proposal Vanguard opposes. Will you help us make sure it passes?
Yes, I'm a Vanguard shareholder, and I don't want to invest in companies that fund genocide.
I'm not a Vanguard shareholder, but I support genocide-free investing.
Investments from companies like PetroChina allow the government of Sudan to fund its campaign of death and destruction—and resist international pressure to restore humanitarian aid to Darfur. Genocide-free investing is a crucial effort to cut off funding for the genocide in Darfur.
TIAA-CREF, the giant US pension fund, has joined states and colleges in adopting Sudan divestment policies. Now, if Vanguard divests, it could set a new standard for the world's mutual funds.
Vanguard mutual fund shareholders are receiving proxy ballots in the mail this week. If you are a shareholder, please vote FOR Question 3, which would force Vanguard to transparently adopt a genocide-free investment policy. Vanguard claims to have a policy in place—but admits that it has yet to divest from a single holding due to concerns about human rights abuses.
And if you're not a Vanguard investor, make it clear that The Vanguard Group must stop doing business with PetroChina and Sudan—or you won't consider doing business with Vanguard.
I'm a Vanguard investor, and I'm voting for genocide-free investing.
I'm not a Vanguard investor, but I support genocide-free investing.
The voices of citizens and investors like you have compelled 27 states, over 60 universities, and big corporations like TIAA-CREF to take action against PetroChina. Together, we can add Vanguard to that list.
Sincerely,
Suzie Armstrong,
Save Darfur Coalition
7 Comments
Leave a Reply. |
An interfaith event
"[I]t is refreshing to see what Pagans are doing in this context. ... Good stuff, and so, it looks to me, is the organization behind it." --Gus diZerega, author of Pagans and Christians The Genocide Prevention Ritual 2009 is an interfaith event organized by B. T. Newberg of Polytheist Charity in recognition of Genocide Prevention Month. Rituals occurring simultaneously across the globe in the month of April are creating a wave of change. By joining together to focus our intentions, we are generating the power necessary to act. We remember past tragedies, recognize current atrocities, and pledge to do all we can to prevent genocide. ArchivesCategories
All
|