Saturday, April 6, 2024

Green America: Join the Fight Against Fossil Fuels

 


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To help you use your money to reflect your values, Green America shares this opportunity from Amalgamated Bank, a certified Green Business Network member.

Amalgamated

Join the Fight Against the Fossil Fuel Industrial Complex 
 
The era of “global boiling” is here(i). The escalating climate crisis is a red flag that can no longer be ignored. 2023’s relentless heat shattered records, signaling the dire need for action against the looming permanence of climate change. Its repercussions would be severe –leaving a legacy of discomfort, sickness, hunger, destruction, and death. 
 
The Year of Disasters 
 
Canada burned, spewing thick haze near and far. One Arizona county suffered 598 heat related deaths with more still under investigation(ii). Having endured everything from hurricanes to droughts, 75% of Americans experienced some kind of extreme weather in 2023 for more than $80 billion in damages combined(iii). It’s been nearly two years since our own home city of New York recorded even an inch of snow from a single storm, a record-setting streak its own right that no one would have ever imagined(iv).
 
In a world increasingly shaped by the climate crisis, every choice we make, especially with our own personal finances, echoes into the future. The need for change is clear, and it starts with a bold step: divesting from fossil fuels. By realigning your investments, you can help drive the global shift toward a sustainable and circular economy. 
 
Big oil’s response to this crisis?
 
Despite the clear need for change, fossil fuel companies and their executives remain as influential as ever. Their significant presence at the COP28 summit led to a climate agreement riddled with loopholes favoring their self-interests. This included the promotion of "transitional fuels" like natural gas while leaving the status quo intact(v).
 
Learn if your current investments mirror your commitment to environmental and social justice with our free Values Alignment Check
 
What's Our Role? 
 
Your investment choices have the power to drive change. Divesting from fossil fuels is not just a symbolic gesture; it's a proactive step toward a healthier, more sustainable world. Our approach to responsible investing has demonstrated that aligning your finances with your values does not mean compromising on profits. On the contrary, as the world shifts to renewable energy, fossil fuel investments pose increasing financial risks within a portfolio, while more sustainable companies can offer promising financial opportunities. 
 
By choosing to divest from fossil fuels, you're investing in a future that upholds environmental and social integrity. We invite you to explore our Fossil Fuel Free Portfolios and join a movement dedicated to building a more sustainable and equitable world. Our expertise in sustainable finance positions us to uniquely guide you in aligning your investments with your values. 
 
Click here to learn how to align your investments with your values. 
 
Warm Regards,  
The Amalgamated Investment Services Team 
 
P.S. Share this message with friends and family who might be interested in joining our vital movement toward a greener future! 

Amalgamated Investment Services

i How to describe 2023 in two words? Global boiling. | Grist 
ii 
Week 44 Heat Report_1.pdf (maricopa.gov) 
iii 
Extreme weather cost $80 billion in 2023. The true price is far higher | Grist 
iv 
Major winter storm brewing with snow, ice and rain to blast Northeast (accuweather.com) 
v 
At COP28, an Oil Man Got a Deal on Quitting Oil - The New York Times (nytimes.com) 

This is an advertisement. Investment and insurance products and services are offered through Osaic Institutions, Inc. Member FINRA/SIPC. Amalgamated Investment Services is a trade name of Amalgamated Bank. Osaic Institutions and Amalgamated Bank are not affiliated. Investment products and services made available through Osaic Institutions are: Not Guaranteed by the Bank - Not FDIC Insured - Not a Deposit - Not Insured by Any Federal Government Agency - May Lose Value Including Loss of Principal



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