here's a note i received from my friends at the fidelity divestment campaign...we are continuing and broadening the effort we began with the fidelity out of sudan campaign by launching investors against genocide...we are expanding the spotlight to include more investment firms with significant holdings in petrochina and asking them to guarantee genocide-free investments for the future...
we want financial institutions to commit to not investing in genocide...all our experience on the fidelity campaign, especially the tremendous response of supporters like you, reinforces our belief that americans do not want their family savings invested in companies that help fund genocide...with your help, we were recently able to deliver 150,000 petitions to fidelity expressing outrage over their investments in companies that help fund the genocide...
here's what you can do now to support the effort:
- visit www.investorsagainstgenocide.org to quickly and easily send an automated email to the companies on the target list...please take a minute to send a message to the new companies, even if you have already sent one to fidelity...then visit the press section for the latest news reports on our campaign...
- submit a shareholder resolution...we are organizing a series of shareholder resolutions to force consideration of divestment as part of annual mutual fund shareholder meetings...we've drafted the resolutions and are looking for more shareholders to submit them...so far we have volunteers for many different fidelity funds, but hope to have more coverage with fidelity and also with the other investment companies...if you would like to play a role in this important initiative, please send us an email at info@investorsagainstgenocide.org...
- forward this note to your friends...we need every supporter to help us find more supporters so our numbers become too large to ignore...
the expanded list of targets includes warren buffett's berkshire hathaway, the largest holder of petrochina, and the three largest american mutual fund companies: american funds, vanguard, and fidelity, which still owns $600 million of petrochina...in addition, franklin templeton is targeted, as the mutual fund with the largest holdings of petrochina, and allianz (pimco, nfj, and rcm funds), as the largest holder on the new york stock exchange...
together the 14 target companies serve well over 60 million households in the united states and hold over $12 billion worth of petrochina...action by these companies, whether together or individually, can surely move petrochina and sudan, and help bring about the end of the genocide...
while ethical investing may mean different things to different people, certainly there is a minimum standard upon which everyone agrees...looking back, who would support the idea of investing in firms that sought to make a profit by selling zyklon-b gas to the nazis or machetes for the genocide in rwanda?...looking forward, who wants their family savings and pension funds invested in companies that help fund genocide in our time?
americans need to demand genocide-free investing as a minimum requirement of the financial institutions that serve us...
learn more at http://www.investorsagainstgenocide.org/...
peace out <3
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