Petition Progressive to divest its $386 million from fossil fuels
- January 12, 2021
Dear Progressive Insurance,
Climate change is accelerating at a terrifying rate. In the past year alone, our planet experienced record-breaking heat waves, droughts, and hurricanes, which impacted hundreds of thousands of people and cost hundreds of billions of dollars. The scientific consensus around the world is clear and overwhelming: we must keep fossil fuels in the ground to avoid further global warming.
We call on Progressive to completely divest from direct ownership of fossil fuel companies and any funds that include fossil-fuel public equities and corporate bonds. We believe such action is necessary not only for the health of our planet, but also for the wellbeing of young people and future generations, who deserve a future that is not defined by environmental degradation. Make Progressive a leader in environmentally responsible investment.