To: President Rebecca Bergman, Board of Trustees, Office of Institutional Advancement, Vice President for Finance and Treasurer Kenneth Westphal

Gustavus Adolphus College: Go Fossil Free!

Gustavus Adolphus College: 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 Gustavus Adolphus College 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 Gustavus Adolphus College 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 Gustavus Adolphus College 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.

Gustavus Adolphus College, St. Peter, MN

Maps © Stamen; Data © OSM and contributors, ODbL


Reasons for signing

  • Because climate change is real
  • Climate change is the largest injustice humans have ever perpetrated. Justice is one of the five core values of Gustavus. Shouldn't my alma mater connect the dots?
  • IT'S THE RIGHT THING!