To: President Joseph McShane:

Fordham University: Go Fossil Free!

Because it is unconscionable to pay for our education with investments that will condemn the planet to climate disaster, we call on Fordham University to immediately freeze any new investment in fossil-fuel companies, and to divest within five years from direct ownership and from any commingled funds that include fossil-fuel public equities and corporate bonds.

Why is this important?

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, and hurricanes, which impacted hundreds of thousands of people and cost our country hundreds of billions of dollars. Hurricane Sandy alone caused $50bn in damages. 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.

As public pressure to confront climate change builds, we call on Fordham University to immediately freeze any new investment in fossil-fuel companies, and to divest within five years from direct ownership and from any commingled funds that include fossil-fuel public equities and corporate bonds. We believe such action on behalf of Fordham University will not only be a sound decision for our institution's financial portfolio, but also for the wellbeing of its current and future graduating classes, who deserve the opportunity to graduate with a future not defined by climate chaos.

Fordham University

Reasons for signing

  • As a member of the Class of '65, FCRH, I contribute every year to the University. I have decided that my contributions wlll no longer go to be invested in fossil fuel and therefore plan to withhold contributions to Fordham until a decision is made to divest from such companies.
  • Please invest in companies researching renewable energy, or which provide energy from renewable resources such as air, water, solar energy, etc. Thank you!
  • Fordham responded generously and admirably to Hurricane Sandy. Yet, unless some larger change is made to combat global warming, disasters like these will continue to occur; if the university really wants to make a difference, it needs to stop supporting the fossil fuels that are wreaking havoc on the environment.

Updates

2014-12-12 14:32:11 -0500

100 signatures reached