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  • We, Members Of Hackney Pension Fund, Demand Hackney Divest From Fossil Fuels
    Climate change is the greatest challenge humanity has encountered. Warming in excess of 1.5°C will have catastrophic consequences for millions of people across the planet [1]. In order to have a chance of staying below 2°C, let alone 1.5°C, 80% of known fossil fuel reserves must not be burnt [2]. If we want to keep warming to 1.5°C, we must keep the majority of fossil fuels in the ground. Yet, all available evidence suggests that fossil fuel companies intend to do just the opposite. They are determined to burn all the reserves within their control and look for even more oil, coal and gas. This burning would result in emissions five times larger than what it is deemed to be safe [3]. Hackney Council's Pension Fund currently has £75m invested in some of the biggest of these companies, including BP, Shell, Centrica, Rio Tinto and Exxon Mobil [4]. By investing in the fossil fuel industry, Hackney is attempting to profit from climate breakdown. Hackney Council has a responsibility to ensure its investments are financially sustainable and provide for pensioners for decades to come. Investing in fossil fuels will not do this. Fossil fuel investments are becoming increasingly risky as the cost of extraction rises and increased action on climate threatens to leave oil, coal and gas assets stranded [5]. Furthermore, recent financial studies have shown that divesting from fossil fuels can result in the same if not actually better returns to the pension fund [6]. Simply put, there is no good reason to keep these oily investments. For investors interested in long-term stability, there is no future in fossil fuels. Since 2012, investments equating to almost $8 trillion in assets from over 1,000 institutions have been divested worldwide [7]. These divestments come from the London Boroughs of Waltham Forest, Southwark, Islington, Lambeth and over 200 MPs from across the political spectrum who have pledged to Divest Parliament, including Hackney MPs Meg Hillier and Diane Abbott [8]. We welcomed Hackney Council’s 2017 commitment to decarbonise its investment portfolio by 50% over six years, but all of the most recent evidence points to the need for urgent and comprehensive action to reduce carbon emissions. In 2019, we stand with Divest Hackney to demand that Hackney Council #DivestTheRest. The momentum is undeniable and for the residents of Hackney, London and the wider UK and world, there is no time to waste. We want 2019 to be the year that Hackney Council finally commits to stop investing millions of pounds of our money in climate breakdown and commits to 100% divestment from planet-wrecking fossil fuels that endanger our future. Hackney Council had declared a Climate Emergency [9]. Now they need to put their money where their mouth is. It's our pension and our future on the line. [1] https://www.ipcc.ch/sr15/ [2] https://www.carbontracker.org/wasted-capital-and-stranded-assets-press-release/ [3] Ibid. [4] https://www.whatdotheyknow.com/request/updated_fossil_fuel_investments [5] https://www.carbontracker.org/wasted-capital-and-stranded-assets-press-release/ [6] https://www.msci.com/documents/10199/c75b5c93-1f22-4393-aa56-5722891c6445 [7] https://350.org/press-release/landmark-fossil-fuel-divestment-reached/ [8] https://gofossilfree.org/divestment/commitments/ [9] https://www.hackneygazette.co.uk/news/environment/hackney-council-declares-a-climate-emergency-1-5914142
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    Created by Gabriel Davalos
  • Divest East Sussex Pension Fund from Fossil Fuels
    Our local authority has a responsibility not to invest local people's funds in outdated, polluting industries, such as fossil fuels (oil, coal and gas), that are damaging the balance of our climate and threatening our way of life. Already, we are seeing a greater frequency of extreme weather events, such as the floods of 2013/14 – the wettest winter in England and Wales since 1776 - which caused severe flooding in East Sussex and exposed our coast to very high storm surges from the sea. Investments in fossil fuels are also financially risky. Global temperature targets agreed by world leaders can only be met if most of the existing fossil fuel reserves remain unburned and we quickly move to cleaner technology. This means that investments in fossil fuel companies could soon become ‘stranded assets’. Indeed, the Governor of the Bank of England, Mark Carney, has warned that investors face 'potentially huge' losses from climate change action that could make vast reserves of oil, coal and gas 'literally unburnable' For reasons of both public responsibility and financial prudence, a growing number of major institutions across the world - including the cities of Oslo, Seattle, and Oxford, Glasgow University, and the World Council of Churches - have already decided to move their funds out of fossil fuels. Several UK local authorities, including Haringey Council and the South Yorkshire Pension Fund, are now taking similar steps. The East Sussex Pension Fund has an estimated £172 million of local people's pensions invested in fossil fuels. The Fund is administered by East Sussex County Council. On 13 April 2016, Labour and Conservative Councillors on Hastings Borough Council – a member of the Pension Fund - joined forces to pass a unanimous motion calling on East Sussex County Council to divest the Fund from fossil fuels. It's time for East Sussex County Council to divest local people's pensions from these dirty, damaging and financially risky industries.
    5,375 of 6,000 Signatures
    Created by Divest East Sussex
  • Divest The Local Government Pension Fund for NI from Fossil Fuels
    Climate change is the greatest threat facing us today. Air pollution from fossil fuels in NI already contributes to 500 premature deaths annually [1]. A small number of very powerful fossil fuel companies bear most responsibility for the climate crisis we are now facing [2]. The time for action is now! For many people pension funds conjure up ideas of future security. However, the Local Government Pension Scheme for Northern Ireland (LGPS NI) is threatening our future by investing millions in climate wrecking fossil fuel industries. The LGPS NI is used by Northern Irish councils and by a huge number of local employers across Northern Ireland. Meaning, your pension could be fuelling climate change. Not only is this unethical but it is also financially risky [3]. We know that 80% of known fossil fuel reserves must remain unused if we are to avoid runaway climate chaos. Why are we investing in companies actively engaged in exploration for even more fossil fuel reserves? Financial experts, such as the Governor of the Bank of England, Mark Carney, are warning that the vast majority of fossil fuel assets will become ‘unburnable’ – and therefore worthless! Which means that the value of fossil fuel company stocks is likely to fall – and leave unsavvy investors with huge losses. . We want the governing body of LGPS NI, - the Northern Ireland Local Government Officers Superannuation Scheme (NILGOSC) - to agree to completely divest the pension scheme from fossil fuels by 2022. This will protect both our pensions and human lives from the devastating impacts of climate change. References [1] https://www.belfasttelegraph.co.uk/news/northern-ireland/fossil-fuel-pollution-kills-553-people-in-northern-ireland-everyyear-claims-expert-30965875.html. [2] https://www.theguardian.com/sustainable-business/2017/jul/10/100-fossil-fuel-companies-investors-responsible-71-globalemissions-cdp-study-climate-change [3] https://www.bbc.co.uk/news/uk-northern-ireland-46146866
    110 of 200 Signatures
    Created by V'cenza Cirefice
  • Halte aux combustibles fossiles.
    En signant cette pétition vous nous aiderai à lutter contre les combustibles fossiles et sauver des miliers des vies .
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    Created by Emma Bwishe Picture
  • TOGO 100 FOSSILE 2030
    Participons au developpement durable de nos communautés
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    Created by Esso Pedessi Picture
  • Go Green
    We have no planet B to live in. It's time to divest fossil fuels and move to renewable energy.
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    Created by Asmaa Hanafi Picture
  • Fossil Free Augsburg
    Welche Gründe sprechen für ein Divestment der Stadt Augsburg? Klimapolitische Gründe für die Stadt Augsburg
: Die Nachhaltigkeitsagenda der Stadt Augsburg gibt im Unterpunkt Ökologie das umweltverträgliche, ressourceneffiziente und ressourcenschonende Wirtschaften an erster Stelle vor. Damit allein verbietet sich jegliche Unterstützung fossiler Energieträger. Der Ausstoß von Kohlendioxid (CO2) muss so schnell wie möglich drastisch gesenkt werden, da das globale Klima und die Ozeane keine weitere Erwärmung vertragen.
 Finanzielle Gründe für die Stadt Augsburg
: Die Finanzen der Stadt Augsburg müssen im Namen der Bürger nachhaltig und sicher investiert werden. Investitionen müssen sollten daher zukunftsweisend sein. Kohle-, Öl- und Gasunternehmen sind wie zuvor beschrieben überbewertet und es droht ein massiver Wertverlust. Stadtpolitische Gründe
: Die Umweltstadt Augsburg kann hier als 4. Stadt in Deutschland (neben Berlin, Münster und Stuttgart) eine klare Position beziehen und ebenfalls deinvestieren. Große Konzerne wie AXA und die Allianz, sowie der Norwegische Pensionsfond mit €800 Milliarden Investitionssumme entschlossen sich bereits zu einem (teilweisen) Divestment. Nur durch eine klare Position zum Klimaschutz kann der Umbau der Energieversorgung beschleunigt werden.
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    Created by Ludwig Peter & Christian Schön
  • Stop aux investissements financiers et économiques dans les énergies fossiles à Toulon !
    • Considérant que les engagements pris dans l'Accord de Paris adopté à l'issue de la COP21 par lequel la communauté internationale s'est engagée à maintenir le réchauffement climatique « bien en-deçà de 2°C », • considérant que le 25 novembre dernier, l'Assemblée nationale a adopté une résolution pour une « société bas carbone », dans laquelle elle « encourage les investisseurs institutionnels, les entreprises, notamment celles dont l’État est actionnaire et les collectivités territoriales à cesser d’investir dans les énergies fossiles et notamment dans le charbon », • considérant que dans son rapport « Unburnable carbon », la Carbon Tracker Initiative démontre que les entreprises du secteur des énergies fossiles exploitent ou s'apprêtent à exploiter des réserves de charbon, de gaz et de pétrole représentant 2 795 gigatonnes d'émissions potentielles de CO2, soit 5 fois ce que nous devrons émettre si nous souhaitons contenir le réchauffement sous cette barre de 2°C, • considérant que des travaux récemment publiés par la revue Nature ont montré que l'ensemble des combustibles fossiles présents dans le sous-sol, gisements exploités, en passe de l'être ou simplement identifiés, représentent 11 000 gigatonnes d'émissions potentielles de C02, soit 20 fois ce que nous devrons émettre si nous souhaitons pouvoir maintenir le réchauffement climatique sous cette barre des 2°C, • considérant la campagne lancée il y a trois ans par le mouvement 350.org de « désinvestissement du secteur fossile » qui se fonde sur le constat que certaines institutions encouragent le réchauffement climatique en détenant des investissements directs dans les entreprises du secteur des énergies fossiles, 350.org demande à ces institutions d’initier une stratégie responsable d’investissement, social et écologique pour agir en faveur du climat, • considérant que les entreprises ciblées par cette campagne appartiennent toutes à la liste des 200 entreprises qui possèdent les plus grandes réserves de charbon, de gaz et de pétrole, autrement dit les principales sources d'émissions de CO2 à venir listées par la « Carbon tracker initiative », • considérant que pour initier un réel changement, 2 principaux acteurs sont à convaincre en priorité : les fonds de pension et les banques qui gèrent des portefeuilles d’investissement très importants, • considérant que les caisses de retraites de la Fonction Publique (IRCANTEC, ERAFP, CNRAC) ainsi que le fonds de réserve pour les retraites détiennent plusieurs milliards d'actions et obligations émises par ces mêmes entreprises, • considérant que plus de 500 villes, universités, musées et autres institutions se sont d’ores et déjà engagées dans cette démarche à l’image de San Francisco ou Seattle ou encore de l’université de Stanford, du fonds souverain de Norvège, de la fondation Rockefeller Brothers, rejointes par la ville de Paris et par 34 collectivités locales françaises (parmi lesquelles les villes, Lille et Bordeaux, les régions Île-de-France et Rhône-Alpes-Auvergne), • considérant que la commune de Toulon et la métropole TPM ont la même responsabilité de protéger la vie et l'environnement de leurs administré(e)s, des conséquences du changement climatique, le groupe local « Climat / Zéro Fossile / Toulon & Environs » demande à chacune et chacun d’être « actrice / acteur » de la lutte contre le réchauffement climatique en soutenant activement cette pétition, en la signant et en la diffusant le plus largement possible ! Pétition lancée à Toulon le 1er mai 2019 pour la 4ème marche pour le Climat ... Plus d'informations sont disponibles sur https://france.zerofossile.org
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    Created by Guy Cochennec
  • Divest Lewisham Council from Fossil Fuels
    Even as extreme weather events like Hurricane Sandy, floods, droughts and fires threaten to overwhelm local budgets, federal inaction to solve this crisis is all but stalled. We have the solutions, but we won’t see any political progress on the issue until we can weaken the power of the fossil fuel industry. The bottom line is this: divestment is the only moral choice for institutions that care about the planet and its residents. Solving the climate crisis is the only practical choice for governments that care about their solvency.
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    Created by Katharine Lukowicz Picture
  • Divest Vallejo from Fossil Fuels
    We hold the future of our children and grandchildren in our hands. In the words of Seattle's Mayor McGinn, "We’re the first generation to see the effects of climate change, and the last generation who can do anything about it. To refuse to use every tool at our disposal in this fight – to embrace inaction – is to endorse a trajectory that will lead to suffering, privation, and calamity" The world leaders agreed in the Copenhagen Climate Summit that raising the global temperature more than 2 degrees Celsius would be devastating for civilization. If we continue to burn fossil fuels at current rates we will surpass this target within 12 to 15 years. Today we are already witnessing the effects of accelerated climate change: increased global temperatures have caused more extreme weather, food and water shortages, resource conflicts, climate refugees, and negative health impacts which have been felt disproportionately by coastal and impoverished communities. This is not a partisan issue, it is an ethical issue. Ethical financing is a statement that we will not support the profits of fossil fuel companies while millions of poor people around the globe bear the brunt of climate change as they experience famine, mass emigration and civil unrest as a result. The burning of fossil fuels is the major contributor to the greenhouse gas build-up which causes global climate change. To prevent climate chaos, the fossil fuel industries have to keep 80% of their reserves underground. They will not do this willingly. However, as a community, we have the power to convince them by divesting from fossil fuels. Divestment from fossil fuel companies can: a) drive public awareness of the incalculable damage being done by the fossil fuel industry as it generates huge immediate profits in exchange for an uninhabitable future;  b) build public recognition of the urgent need to drastically and rapidly reduce humanity’s dependence on fossil fuels;  c) call widespread attention to the consequences of continuing a “business as usual” approach to extracting, marketing and burning fossil fuel;  d) lead to inspiring and urgent, accelerated and popular commitment to leave untapped 80% of the known carbon reserves,while developing renewable energy resources capable of meeting humanity’s needs – thus making it possible that life as we have known it might continue on earth. You can read the Carbon Tracker list at http://www.carbontracker.org/ You can review fossil fuel and fossil free investments at https://fossilfreefunds.org/
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    Created by Richard Fisher Picture