• Cobbers For Divestment
    We are taught at Concordia to become responsibly engaged in the world (BREW), but while we are being taught these principles, the college is ignoring the very values they are trying to teach us. Concordia is going against their own values of sustainability and responsible engagement in the world. Concordia invests more then 121 million dollars of their endowment into a portfolio that invests in oil companies and fossil fuel companies, these companies values do not in any way shape or form align with concordia's values. Instead we urge the college to divest from these companies and reinvest into portfolios and companies who's views and values better align with the values that the college tries to instill in its students and project onto the public.
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  • Libérons Sciences-Po de l'industrie fossile!
    (english below) Toutes celles et ceux qui, comme nous, ont moins de trente ans, n’ont pas vécu un seul mois dont les températures mondiales étaient en-dessous des moyennes saisonnières. Nous vivons un état d’urgence climatique. L’Institut d’Études Politiques de Paris a une responsabilité morale importante dans la lutte contre le dérèglement climatique. Pourtant, les liens tissés par notre université et les entreprises fossiles (partenariats, mécénat, dons, investissements des fondations, etc.) contribuent à légitimer le coeur de leur activité climaticide. Notre université ne peut pas d’un côté prétendre former les leaders de demain pour la construction d'une société plus juste et durable, et de l’autre soutenir une industrie qui s’emploie à rendre la planète inhabitable. Le constat est clair : nous devons laisser 80 % des réserves de combustibles fossiles sous terre pour « poursuivre les efforts pour limiter la hausse des températures à 1,5 °C » comme la communauté internationale s’y est engagée lors des Accords de Paris. 200 entreprises détiennent près de cinq fois plus de carbone dans leurs réserves que ce que le monde peut se permettre de brûler tout en restant dans une zone de sûreté climatique. Pourtant, les grandes entreprises du secteur ne perçoivent pas ces gisements comme la véritable bombe climatique qu’ils sont. Elles y voient plus volontiers une opportunité de croissance et de profits. Tout en obstruant le processus politique, elles sont déterminées à extraire toujours plus de combustibles fossiles et injectent des milliards dans la recherche de nouveaux gisements, plutôt que dans le soutien à une transition nécessaire vers les énergies renouvelables. C’est pourquoi nous appelons Sciences Po à rompre tous les liens l’unissant à une industrie qui contribue à compromettre notre futur. En clair : désinvestissons et sortons le carbone de l’éducation. La destruction du climat ne se fera ni en notre nom, ni avec notre argent ; l’argent doit être investi dans les solutions, et non dans le problème. Nous demandons à notre université la transparence sur leur lien financier qu’elle entretient avec l’industrie fossile, et de mettre fin à tout soutien financier avéré en l’excluant des portefeuilles d’investissements auxquels Sciences Po est lié. Nous lui demandons également de mettre un terme à ses partenariats avec les entreprises fossiles : nous n’acceptons pas que notre université brade son image et sa respectabilité à l’industrie fossile qui s’en sert en retour pour légitimer son activité et s’offre à bas coût un blason d’acceptabilité sociale. *https://docs.google.com/spreadsheets/d/1QgU9VN23JaNh2B0pb9eoHM5EMozsznaojpIulQuljDg/edit#gid=663041172 ----------------------------------------------------------------------------------------- To all people who, like us, are younger than 30 years old, and have always lived in a world with temperatures above seasonal averages: we are living in a perpetual state of climate emergency. The Political Science Institute (IEP) has a moral responsibility in the fight against climate change. Our school cannot purport to train tomorrow’s leaders for a more just and sustainable world while continuing to support the fossil fuel industry, which is making our planet uninhabitable. The conclusion is clear: we must leave 80% of fossil fuel reserves in the ground in order to keep global warming “well below 2°C compared to pre-industrial levels” and “continue efforts to limit the rise in temperature to 1.5°C,” as the international community agreed with the Paris Accords. To guarantee a sustainable future, we must put an end to the fossil fuel era now! Two hundred companies* own a large majority of proven coal, oil, and gas reserves. These reserves hold almost five times more carbon than what the world can afford to burn if we are to stay within a climatically stable range of warming. Yet this sector’s big companies do not perceive these deposits as the ticking climate bomb that they are. Instead, they see an opportunity for growth and profit. They are determined to extract more and more fossil fuels, and inject billions of dollars in the search for new deposits, rather than supporting the necessary transition towards renewable energy. This is why we are asking Sciences Po to cut all ties with an industry which is contributing to putting our future in peril. In sum: divest, and free education from fossil fuels. The climate’s destruction will not happen in our name, or with our money. This money should be invested in solutions, rather than the problem itself. Our university must withdraw its financial and moral support from fossil fuel companies, exclude them from its investment portfolio, and terminate all partnerships with the industry. We can no longer accept that our university lends its image and respectability to the fossil fuel industry, which in turn uses Sciences Po's clout to legitimize its own activities, and thereby secures social acceptability at low cost. *https://docs.google.com/spreadsheets/d/1QgU9VN23JaNh2B0pb9eoHM5EMozsznaojpIulQuljDg/edit#gid=663041172
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  • CalSTRS: Divest from Big Oil
    The Board of the California State Teachers' Retirement System (CalSTRS) has made several important decisions to address the effects of global warming over the last year. It divested from some thermal coal companies and initiated a $2.5 billion low-carbon index fund. It has also conducted ground-breaking discussions about the nature of fiduciary duty — the fund’s responsibility to protect the welfare of its members. This discussion has expanded the definition of fiduciary duty from the usual, purely financial terms to include a consideration of the risk of climate change. But the Board has not gone far enough. Even the numerous good-faith efforts that CalSTRS has made, over a period of many years, to engage constructively with oil and gas companies on climate risk have been unfruitful. Big Oil has not responded in any meaningful way. Therefore, it’s time for the CalSTRS Board to abandon a policy of shareholder engagement. Friendly dialogue and well-meaning resolutions with oil companies have produced no significant results. Despite decades of sustained shareholder efforts on climate change, ExxonMobil, Chevron, and Shell have continued to flout international climate agreements, spread misinformation, and lobby against climate progress. It is time to take decisive action: to divest from all fossil fuels by 2020. Little time remains to avert catastrophe — both financial and environmental. Continued investment in the fossil fuel industry exposes CalSTRS to the risk of the deflating carbon bubble: 80 percent of coal, oil, and gas reserves are unburnable (and therefore ultimately worthless) if we are to adhere to the under-2°C Paris climate agreement target. More than 190 countries have pledged to meet the 2° target. They recognize that climate chaos would not only endanger public welfare, it would disrupt the global economy, putting all of CalSTRS’ assets at risk. Under these circumstances, divestment is the appropriate action for the Board to take as a prudent fiduciary and a cautious investment manager. You can find more information about Fossil Free California's campaigns at FossilFreeCA.org.
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  • Divest the Nobel Foundation from fossil fuels
    We love Nobel. We love how it’s awards celebrate the greatest achievements of, and for, mankind. But there is one thing we do not love; its investments in the fossil fuel industry, which are driving climate change. We therefore call on the Nobel Foundation to commit to divest from fossil fuels. Why is this important? Climate change is the greatest challenge humanity has encountered. Warming in excess of 1.5°C will have catastrophic consequences [1]. In order to have a chance of staying below this temperature rise, 80% of known fossil fuel reserves must stay in the ground [2]. The fossil fuel industry currently holds vast carbon reserves which if burnt would result in emissions 5 times larger than that which is scientifically deemed to be safe [2]. All available evidence suggests that fossil fuel companies intend to burn the reserves within their control. In addition, companies such as Shell are actively trying to discover new reserves, often in environmentally sensitive regions. If it is wrong to damage the world we live in, then it is wrong to profit from that damage. Responsible investors should no longer be profiting from the destructive activities of these companies. And especially not the Nobel Foundation, which aims to highlight work done for the benefit of mankind. Fossil fuel investments are becoming increasingly risky as the cost of extraction increases and international treaties restrict the use of fossil fuels [2]. Not only does it make moral sense not to invest in the destruction of our planet, it also makes financial sense. By divesting from fossil fuels, the Nobel Foundation will join institutions such as Stockholm University and city and The Rockefeller Brothers Fund amongst many others [3], in leading by example to help create a sustainable future for our world. References [1] https://www.ipcc.ch/pdf/assessment-report/ar5/syr/AR5_SYR_FINAL_SPM.pdf [2] http://www.carbontracker.org/wp-content/uploads/2014/09/Unburnable-Carbon-Full-rev2-1.pdf [3] http://gofossilfree.org/commitments/
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  • Divest Staffordshire Pension Fund
    Staffordshire Pension Fund is the Local Government Pension Fund for the county of Staffordshire and is funded through pension contributions from employees of publicly-funded organisations such as Staffordshire County Council, Stoke City Council, the Office of the Chief Constable Staffordshire, Staffordshire University, Newcastle-under-Lyme Borough Council and other parishes, towns, boroughs and public organisations across Staffordshire. As of 31 December 2015, the Pension Fund holds at least £61,879,853.16 worth of shares in companies from the fossil fuel industry, including £20,180,703.41 worth of shares in six of the world's biggest oil companies: BP, Royal Dutch Shell, Statoil, Chevron, Exxon Mobil and Lukoil, who are jointly responsible for major environmental damage and human rights violations the world over. In total, the Pension Fund holds £42,334,871.79 in 14 of the 90 companies responsible for two-thirds of the global greenhouse gases emissions since 1854. By continuing to grant social legitimacy to the burning of fossil fuels, the Staffordshire Pension Fund and all its participating organisations are complicit in driving unprecedented climate change. Climate change is happening now - we’re already experiencing global temperature rise, warming oceans, shrinking ice sheets and more frequent and intense extreme weather events affecting thousands of communities and millions of people across the world. Investing in fossil fuels is not only damaging to the planet, it's also a very risky investment. The Staffordshire Pension Fund has already seen a massive decrease in its investment, losing £21,573,041.12 (or 25.85%) worth of shares in companies such as Glencore, BHP Billiton, Rio Tinto, Royal Dutch Shell, BP, Lukoil and others. By removing investments in fossil fuel companies, the Staffordshire Pension Fund and all its participating bodies and organisations will be showing their commitment to creating a healthy, sustainable and financially viable future for both the people of Staffordshire and the planet as a whole. Please sign this petition if you believe that the Staffordshire Pension Fund should divest from fossil fuels to protect the planet and the financial future of thousands of workers from across Staffordshire.
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  • Divest City of Westminster Borough from Fossil Fuels
    The 33 London local authorities’ pension funds are investing £1,882 million in fossil fuel companies, averaging just over 6% of their total pension investments. Westminster with 7.8% of its total pension invested in fossil fuels is among the 10 London councils with the highest percentage investments. Why Divest? Local authorities in the UK led the way on divesting from apartheid in the 1980s. They can do so again to challenge catastrophic climate change. Moral Argument - Financial Argument – Public Benefit Argument Pensions are for our and our families’ future. But that future is threatened by fossil fuel extraction. It is also a financial argument. When governments finally take climate change seriously and legislate to leave fossil fuels in the ground, shares in oil, gas and coal will become worthless. Funds which don’t invest in fossil fuels often perform as well or better than fossil-fuel heavy funds, so divestment does not mean that existing pension funds lose out. And it is a public benefit argument. By investing this capital into renewable energy, public transport and social housing, local government could create jobs and boost local economies, while protecting pensions.
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  • Divest Now!
    The number one threat to human existence and the quality of life is climate change. We are undergoing the most rapid change in biodiversity since the extinction of the dinosaurs (65 MYA). Roughly 150 species are lost everyday because of human activities. This is a mass extinction event happening silently around the world. Do we not value what the Earth has given us? It has given us life, the materials for creativity and innovation, and through evolution a complex brain that is the only product of the known universe that can consciously recognize and study...the universe. The human species relies on the world's ecosystems for our air, food, and water, yet we are casually decimating every ecological system on Earth by continuing to extract and burn fossil fuels. If fossil fuel corporations are able to continue to have their way, we are going to lose our civilization. Antartica's glacial melt is growing exponentially. The average world temperature has already risen 1 degree celsius and the damage is catastrophic. 2003 France/West European heat wave (kills 70,000 people, that was only with a 0.8 C change), 2015 Superstorm Sandy, the largest coral bleaching in recorded history, the polar vortex in 2014 and 2015, the California drought, and worldwide coastal flooding are all side effects of this warming. The world temperature will rise another 1/2 degree celsius even with immediate action. Without action, the warming reaches 2 degrees celsius by 2036. Climate analysts say the door to keep the 2 degrees C change from occurring closes in 2017. A 2015 study by the University of Florida states that based on current CO2 levels in the atmosphere, we are in for a 5-9 meter rise in sea levels no matter what. The majority of the world's most populace cities are situated along the coastline, with a rise of sea level so great they will be submerged. And where do all of those who are displaced go? The hundreds of millions of people around the world? Civilization will collapse. We have already seen this in the Syrian civil war, the first civil war caused by climate change (5 years of no rain). And the 2 degrees are just an average. In the poles the temperature increase is greatly exaggerated, as well in Africa. The agricultural systems in Africa would cease to exist. In order to save the Greenland ice-sheet we would have to cut emissions by 80% before 2020. This is not possible, especially when the fossil fuel industry is continuing to expand and has the profit motive to do so. Educational institutions around the country have already begun to divest from the fossil fuels industry, making inroads to erode the profit of carbon based fuels. The effectiveness of the divest movement was demonstrated against apartheid in the 80s and was one of the main reasons apartheid in South Africa was unraveled. When fossil fuels companies are finally held accountable for the external social costs of burning fossil fuels, a clear pathway to clean renewable energy can be made. A path that creates jobs and grows a clean economy. Let us follow in the footsteps of Germany and other modern countries and make the switch. This is the most difficult problem in the history of human existence and it is our generation that must solve it before it is too late. Let the University of Florida lead the way by setting this benchmark for other institutions across the country to follow. Let our slogan hold more meaning. It's great to be a Florida Gator.
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  • DIVEST CAL POLY FROM FOSSIL FUELS
    Fossil fuel divestment takes the fossil fuel industry to task for its culpability in the climate crisis. By naming this industry’s singularly destructive influence and by highlighting the moral dimensions of climate change we hope that the fossil fuel divestment movement can help break the hold that the fossil fuel industry has on our economy and our governments. Fossil fuels continue to be a bad financial choice as well. We recognize that Cal Poly cannot create a future for their students while also supporting this destructive industry.
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  • Ban Clearcutting in Tuolumne County
    Clearcutting devastates the biodiversity of natural ecosystems and is inherently unsustainable. We should be just as considered with clearcutting on private lands as on public lands. CSERC and other environmental groups have voiced protest against this practice.
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  • Divest Deakin University From Fossil Fuels
    Climate change is accelerating. We are witnessing the increasing impacts of a warming planet more and more consistently; in this last year alone our country experienced record-breaking heat, droughts, floods and cyclones, which impacted hundreds of thousands of people and cost our country hundreds of billions of dollars. Experts agree that global warming caused by humans burning fossil fuels will continue to accelerate and intensify these tragic climate disasters. The scientific consensus is clear and overwhelming; we cannot safely burn even half of global fossil-fuel reserves without dangerously warming the planet for several thousand years.
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  • Divestera Linköpings universitet
    --English below-- Linköpings universitet förvaltar just nu runt 55 miljoner kronor i olika stiftelser, där delar är investerade i fossila företag. Dessa pengar förvaltas enligt en placeringspolicy där det är reglerat vad som är tillåtet och vad som inte är tillåtet att investera i. Det är placeringspolicyn universitetet måste ändra för att lova att de inte ska investera fossilt igen. Att divestera är ett tydligt ställningstagande för hållbarhet och en insats för att försvaga en industri som har alldeles för stort inflytande i vårt samhälle. Det innebär ett ställningstagande som förändrar normer, attityder, och som klipper det sociala band som vi har som samhälle till fossilindustrin. Linköpings universitet håller ett högt tonläge i hållbarhetsdebatten, vilket vi anser är oförenligt med att göra vinst på fossila bränslen och den förstörelse det driver. Universitetet har visat intresse och vilja för att divestera, och vi tycker att det är hög tid att detta genomförs. När Parisavtalet skrevs på så lovade Sverige att vi ska göra allt vad vi kan för att hålla oss under 1,5 graders uppvärmning. I detta arbete bör Linköpings universitet visa ledarskap och det minsta vi kan göra är så mycket som möjligt. Tack Linköping University is now managing around 55 million SEK for different trusts, where parts are invested in fossil fuel companies. This money is being managed according to an investment policy, where it is regulated what the university can and can not invest in. The policy is what needs to be changed for them to promise not to invest in fossil fuels again. To divest is a clear stand for sustainability and a step towards weakening an industry that has a too big an influence in our society. It is a stand that changes norms, attitudes, and that cuts the social bond that we have as a society to the fossil fuel industry. Linköping University has a very high high profile in the sustainability debate, which we think is not compatible with making profits from fossil fuels and the destruction it pushes. The university has shown an interest in divesting and we think it is about time that it happens. When the Paris Agreement was signed, Sweden promised that we would do whatever we can to stay below 1.5 degrees Celcius of global warming. As a part of this work Linköping University should show leadership and the least we can do is as much as possible. Thank you.
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  • Divest UNL
    Divesting from fossil fuels is important because it shows discontentment with the exploration and expansion of fossil fuel infrastructure. With recent annual temperatures being higher than ever recorded, there needs to be a reinvestment in the energy sector. The University of Nebraska can and should be invested in areas that represent the values of an institution. Fossil fuels and the associated pollution do not represent the values of the University of Nebraska and especially not the state of Nebraska. Fossil fuels do not represent "The Good Life". There is no reason the state of Nebraska cannot invest more heavily in renewable energy with neighboring Iowa generating nearly 30% of its electricity from renewable sources.
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