American workers invest substantial amounts in retirement funds, typically through employer-sponsored 401(k) and 403(b) plans. These plans often have significant investments in fossil fuels. A dilemma arises for people of faith who wish to align their investments with their moral values of protecting vulnerable communities and being responsible stewards of the Earth.
The conflict is between supporting environmentally harmful fossil fuel projects or potentially compromising the security of their retirement savings. Interfaith Power & Light emphasizes that "people of faith shouldn’t have to make that choice." They advocate for the right of workers to choose retirement funds that do not contradict their ethical obligations.
To address this issue, Interfaith Power & Light has partnered with ClientEarth, an environmental legal advocacy group. Together, they aim to encourage financial institutions to reduce investments in fossil fuel projects. The organizations invite interested individuals to participate by completing a questionnaire available online.
For more information on this advocacy initiative, further details are provided on Interfaith Power & Light's website.