Dimensional was the first large US investment firm to explicitly remove palm oil producers from its sustainability funds – so we know they are aware of the issues. But Dimensional still has huge exposure to companies like Hormel, Resolute Forest Products, Posco, and JBS, the major the Brazilian beef trader. In order to take responsibility, Dimensional should immediately implement a robust forest policy across all its investment products.
Given the high risk of illegal activity, money laundering, environmental violations, and human rights abuses associated with deforestation, Dimensional should employ heightened due diligence procedures and eliminate the most egregious and recalcitrant companies from all of its portfolios.
Tell Dimensional to adopt a No Deforestation Policy!
If they take appropriate action, large mutual funds companies can move the entire market and play a crucial role in averting catastrophic climate outcomes, and instead finance the transition to a livable planet. But they won’t do it without pressure from us.
Urge Dimensional to adopt a No Deforestation Policy!