100 signatures reached
To: President & Board of Trustees
Lets Make IIT Fossil Fuel Free!
As public pressure to confront climate change builds, we call on the Illinois Institute of Technology to publicize their investment in fossil fuel companies. In addition, the university should 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. Furthermore, the university should invest all fossil fuel divested funding into the clean energy industry. We believe such action on behalf of our University will not only be a sound decision for our institution’s financial portfolio, but also for the well-being of its current and future graduating classes, who deserve the opportunity to graduate with a future not defined by climate chaos.
Why is this important?
Climate change is accelerating and requires our generation to engineer new ways to combat the time-sensitive issue. As a university, we invest in fossil fuel companies solely for monetary gain. However, we need to move away from this traditional method and start investing in green companies who will provide a similar financial incentive, create more jobs, as well as push for cleaner energies. Having more partnerships with these companies will not only benefit the environment but also provide students more career opportunities to participate in the future of building a more sustainable world. #TechYeah!