100 signatures reached
To: Professor Paul Layzell
Royal Holloway University of London Fossil Fuel Divestment
1. Make no new investments in fossil fuel companies
2. Within five years eliminate all current investments in fossil fuel companies
3. Direct investments, where possible, toward renewable energy companies
Why is this important?
It will prove that Royal Holloway is a leading educational institution, dedicated to its mission of 'agenda-setting research, which is addressing some of the world’s biggest cultural, social, scientific and economic challenges in innovative and impactful ways and distinctive range of programmes that are relevant to lifelong employment needs combine to provide real value for students, both while they are studying and in the opportunities that their Royal Holloway degree will bring them now and throughout their lives.'
200 publicly-traded fossil fuel companies hold the vast majority of the world’s proven coal, oil and gas reserves. Those are the companies we are asking Royal Holloway to break their links with These companies hold five times more carbon in their fossil fuel reserves than we can safely afford to burn to stop runaway climate change. Fossil fuel companies cause huge environmental and human devastation in the process of extracting and burning fossil fuels. Withdrawing Royal Holloway’s financial and moral backing for this climate-wrecking industry is crucial to tackling climate change.