The Virtual March to Retire Big Oil is a groundbreaking initiative that aims to advocate for fossil-free 401(k)s and raise awareness about the risks of investing in the fossil fuel industry. By participating in this virtual AI-powered march, individuals can join the fight for a sustainable financial future and push for climate-safe investment options in retirement plans.
The purpose of the virtual march is to protest the forced investment in fossil fuel companies through American retirement savings plans. Currently, 19% of all investments in the fossil fuel industry come from 401(k)s, where 99% of plan participants have no choice but to invest in these companies. The goal is to convince the gatekeepers of 401(k) and 403(b) plans to offer climate-safe investment options and highlight the risks associated with investing in the fossil fuel industry.
This virtual march provides an inclusive platform for individuals to participate from anywhere. By uploading a selfie, participants can generate a photo as if they were marching in person and share it on social media to spread awareness of the issue. The collective actions taken during the virtual march will make headlines and catch the attention of Wall Street, leading to coordinated efforts for small monthly actions and inspiring companies to add climate-safe investment options. The ultimate outcome will be the divestment of billions of dollars from Big Oil investments.
To join the march and support the cause, visit the official website of the Virtual March to Retire Big Oil at retirebigoil.org. Together, we can make a difference and pave the way for a sustainable and fossil-free future for retirement savings.