Protesters from Oxford dressed as investment bankers demonstrated outside the headquarters of a multi-trillion dollar asset management company.
The protesters staged their demonstration outside Walbrook Building in central London, the UK headquarters of Vanguard.
Vanguard is an American registered investment advisor with about $7 trillion in global assets under management, as of January 13, 2021.
Protesters dressed as investment bankers, shuffling deck chairs while a symbolic Titanic appeared to sink into fake oil.
Mothers also clutched photographs of their children and made speeches about their fears for their children’s uncertain futures.
READ MORE: The Oxfordshire residents arrested for protesting
Dr Jessica Upton, 52, a veterinary surgeon and emergency foster carer from Oxford said: “As an individual it is limited what I can do to influence climate change but huge corporations like Vanguard could be making a real change for good if they invested wisely and put people before profits. Instead it chooses to sit idle while propping up the fossil fuel industry.
“The International Energy Agency has said we cannot put any more investments into the expansion of fossil fuels, but Vanguard appears not to have got the memo.
“The war in Ukraine is being financed by oil and communities across the world are already suffering because of climate change. It’s time for Vanguard to pull the plug on fossil fuel funding."
The protesters called on Vanguard’s CEO Tim Buckley to meet the ‘scale and urgency of the climate crisis’.
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