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Groups call on investors to divest from Monsanto

GRN Reports: Forget corn fields, a coalition of anti-GMO groups plans to hit Monsanto where it will really hurt, in its wallet. This Friday, members of The Institute for Responsible...

GRN Reports:

Forget corn fields, a coalition of anti-GMO groups plans to hit Monsanto where it will really hurt, in its wallet.

This Friday,  members of The Institute for Responsible Technology, Food Democracy Now!, Natural News, Organic Consumers Association, Cornucopia, Green America, GMO Inside, Millions Against Monsanto, Babes Against Biotech, Food Babe, Hawaii GMO Justice Coalition, GMO Free USA, and March Against Monsanto, will be asking individuals and big  institutional investors to divest from Monsanto.
Monsanto Divest Now! action

The investment groups with portfolios containing Monsanto stock include Vanguard, State Street and Fidelity, which alone holds more than $3 billion in Monsanto stock.  The protests, organized in several cities, will target Fidelity offices, asking the financial firm to move the money it manages for small and large investors out of Monsanto.

The coalition, Divest Monsanto Now!, opposes the St. Louis-based chemical giant — along with a lot of other people who’ve told pollsters that Monsanto is the corporation they hate the most — because it has genetically modified many foods, which they believe are not as healthy as naturally bred and raised crops.

Monsanto’s GM foods also threaten organic farm production by overtaking seed stocks, and have led to the increased use of pesticides such as Monsanto’s RoundUp, among others, that are compromising farm soils and contaminating rivers, according to the IRT, OCA and others participating in the protest.

Groups organized the protest after a Democracy Now! investigation found that Monsanto is sustained largely by the money from large investment firms, such as Fidelity.

The coalition is urging Americans to check their portfolios and cleanse them of any Monsanto investments. In a letter to supporters, the groups note that “millions of Americans invest their hard earned money” with the targeted investment houses.

Monsanto, they warn, “could be hiding in your 401K or pension fund as well .”

The planned Divest Monsanto Now! actions include these:

1. National Day of Action Page:
https://www.facebook.com/events/1422283738027686/

2. Boston:
https://www.facebook.com/events/744036962302736
Fidelity Investments, 245 Summer St, Boston, MA 02210-1116

3. New York City:
https://www.facebook.com/events/1420835334844614/
Fidelity Investments, Fidelity Investments, 350 Park Ave, NY, NY 10022

4. Philadelphia:
https://www.facebook.com/events/604932166257443/
Philadelphia Stock Exchange, 1900 Market St Lbby I, Philadelphia, PA 19103

5. Washington DC:
https://www.facebook.com/events/301886853303377/
Fidelity Investments, 1900 K St NW, Washington, DC 20006

6. Chicago:
https://www.facebook.com/events/750483744992286/
Fidelity Investments, 401 N Michigan Ave #100, Chicago, IL

7. San Francisco:
https://www.facebook.com/events/1418678258400026/
Fidelity Investments, 8 Montgomery St. San Fran, CA 94104

8. Los Angeles:
https://www.facebook.com/events/664763726904169/
Fidelity Investments, 1200 Wilshire Blvd, Santa Monica, CA 90403

If you’d like to “divest” by eating non-GMO foods, the group suggests you can find them at the the  www.NonGMOShoppingGuide.com.

 




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