Feb 7, 2025

As stewards of capital and architects of tomorrow’s economy, we face a clear choice: retreat in the face of political pressure or stand firm in our conviction that sustainable, responsible business practices are fundamental for a just economy and fully realized multiracial democracy.

History will remember which path we choose.

Feb 7, 2025

Majority Action’s Climate in the Boardroom 2024 report exposes how, in the 2024 proxy season, the largest U.S.-based asset managers continued to use their proxy voting power to rubber-stamp the status quo at carbon-intensive companies failing to take necessary action on climate change. Our report finds that once again the largest asset managers are choosing to enable corporate strategies that exacerbate systemic risks — threatening not only long-term financial stability of their beneficiaries, but also the very foundations of our democracy, economy, and planet.