The Parkland shooting survivor and activist is calling for a boycott against investment firms BlackRock and Vanguard Group, two of the largest shareholders of the largest gunmakers:
Hogg encouraged his Twitter followers to tag Vanguard and BlackRock as well as Invesco, Voya Financial, and Credit Suisse, all of which reap tremendous financial benefit from investing in gun manufacturers.
In response to Hogg’s call for a boycott, Vanguard released the following statement to CNN:
Vanguard is taking action, meeting with the leaders of gun manufacturers and distributors. We want to know how they will mitigate the risks that their products pose and how they plan to help prevent such tragedies from happening again.
What would this “action” look like? Vanguard, for its part, did not “take action” in 2016, a year in which 38,658 people died in firearm-related incidents. Or any year before it with a similar body count. It’s almost as if the money doesn’t care.