Investing $46 Billion in Client Money on Amazon Destruction
June 3, 2021

Investing $46 Billion in Client Money on Amazon Destruction

How the world’s largest asset managers quietly pour billions into oil companies tied to rights abuses

The “Big Three” manage trillions of dollars of investments for individual and institutional investors all over the world, including pension funds and university endowments. Together they control nearly 20 trillion dollars. By investing in oil companies with horrific environmental and human rights records, they are not only flagrantly ignoring scientific experts, but also actively supporting the Indigenous and human rights abuses, forest destruction, biodiversity loss, and further climate chaos inherent in oil production in the Amazon rainforest.

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