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To: Vice-Chancellor Ian Jacobs and the University Council

Divest UNSW from Fossil Fuels

Reason for signing

  • UNSW’s investment policy states that the University ‘will not knowingly and directly invest in an organization that operates at the expense of the environment….’. Fossil fuel companies operate at the expense of the environment. By not divesting, UNSW is incurring unnecessary financial risk (e.g. declining share value, companies like Peabody going bankrupt or left with stranded assets), and is contravening core components of its own investment policy.