One of the biggest asset managers in the world, Vanguard’s business strategy makes it a major driver of climate change and environmental injustice. It is one of the largest global investors in coal, oil, and gas, as well as companies violating Indigenous rights. This is why Earth Quaker Action Team (EQAT) is part of the Vanguard S.O.S. campaign, calling on Vanguard to invest for a livable future.
For five days in April, EQAT and its partners walked 40 miles, starting at the industrial banks of the Delaware River and ending at Vanguard’s headquarters in Malvern, Pa. Along the way, the group passed sites of environmental injustice and climate destruction, offered training in nonviolent direct action, and engaged with Vanguard customers. Over the course of the walk, 300 people—youth, elders, Vanguard customers, residents of frontline communities, and people of diverse faiths—joined together in action.
After some rest and discernment, EQAT decided that, for the next year, stewardship—and Vanguard’s lack of it—will be the theme that unites its actions. The campaign continues with EQAT inviting those near southeastern Pennsylvania to join in-person actions. Another strategy involves encouraging customers to keep their money invested with Vanguard, and to contact the company and share their interest in climate-safe investments. EQAT is planning additional opportunities to take collective action in the future as a large group of customers.
Learn more: Earth Quaker Action Team