Have you heard about Wall Street’s evil twin?
It’s the private equity (PE) industry and it’s dripping in fossil fuels.
As financial institutions and other Wall Street actors face growing pressure to cut emissions, many are selling fossil fuel assets—and PE firms have repeatedly stepped up as buyers.
Private equity firms and the billionaires and multi-millionaires who lead them have pumped hundreds of billions of dollars into fossil fuels with little scrutiny. Because these firms are exempt from many financial disclosure rules, they largely operate under the radar.
This needs to change.
Join us on Thursday, April 14th at 4pm PT / 7pm ET on Zoom to learn about how private equity is fuelling climate chaos and what we can do about it. (Live Spanish & ASL interpretation provided)
You might be asking yourself:
- Why should I care about private equity?
- What are the community and human impacts of this industry
- How can I fight back against big money fueling the climate crisis?
We will give you all the information you need and together, we can shine a light on private equity and stop them from cashing in on climate chaos!
This is the third of a 5-part Toxic Money digital training series to expose financial institutions fueling the climate crisis, and organize collective action to rein them in — hosted by us and Action Center on Race & the Economy, Public Citizen, Private Equity Stakeholder Project, and Americans for Financial Reform!
Ultra rich private equity executives are profiteering off global climate catastrophe.
The public needs private equity firms to provide full transparency on their fossil fuel holdings, to understand their true impact.
We are in the midst of a global crisis alongside increasing climate uncertainty. Now more than ever, we must take action together and stop these institutions from profiting off climate chaos.
We hope you will join us on zoom on Thursday, April 14th at 4pm PT / 7pm ET!