What's going on here?

I've made a commitment: to do one good deed per day. Large or small, it doesn't matter. Self-sacrificing or not, extraordinary or mundane, it doesn't matter. Just one thing every day, that's all.

The more I do good, the better I feel about myself. Truly, to benefit others is to benefit yourself. I hope this journal may inspire others who also yearn to do good. So join me on this journey, if you will, and think about the difference you can make in your own life.

Saturday, April 18, 2009

Tell Vanguard to Divest from Sudan

Vanguard is a mutual funds firm with significant holdings in PetroChina, one of the heaviest supporters of the government of Sudan. Oil revenues are funding atrocities in Darfur.

Below is the message from Save Darfur:

PetroChina is one of the largest oil industry partners of the government of Sudan—a government now headed by a wanted war criminal.

So you might be shocked to learn that in the past 3 months, The Vanguard Group—the world's largest family of mutual funds—has increased its holdings in PetroChina!

This week, Vanguard shareholders begin voting on a proposal to adopt a genocide-free investing policy—a proposal Vanguard opposes. Will you help us make sure it passes?

Yes, I'm a Vanguard shareholder, and I don't want to invest in companies that fund genocide.

I'm not a Vanguard shareholder, but I support genocide-free investing.

Investments from companies like PetroChina allow the government of Sudan to fund its campaign of death and destruction—and resist international pressure to restore humanitarian aid to Darfur. Genocide-free investing is a crucial effort to cut off funding for the genocide in Darfur.

TIAA-CREF, the giant US pension fund, has joined states and colleges in adopting Sudan divestment policies. Now, if Vanguard divests, it could set a new standard for the world's mutual funds.

Vanguard mutual fund shareholders are receiving proxy ballots in the mail this week. If you are a shareholder, please vote FOR Question 3, which would force Vanguard to transparently adopt a genocide-free investment policy. Vanguard claims to have a policy in place—but admits that it has yet to divest from a single holding due to concerns about human rights abuses.

And if you're not a Vanguard investor, make it clear that The Vanguard Group must stop doing business with PetroChina and Sudan—or you won't consider doing business with Vanguard.

I'm a Vanguard investor, and I'm voting for genocide-free investing.

I'm not a Vanguard investor, but I support genocide-free investing.

The voices of citizens and investors like you have compelled 27 states, over 60 universities, and big corporations like TIAA-CREF to take action against PetroChina. Together, we can add Vanguard to that list.


Suzie Armstrong,
Save Darfur Coalition

ONE GOOD DEED: Request Vanguard to divest from Sudan.

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