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Colleges & Universities

  • Divest Imperial from Fossil Fuels
    Climate change has been described as the most serious challenge of our generation. Under the United Nations Copenhagen Accord, countries have agreed to limit warming to 2 degrees to prevent dangerous climate change. Moreover, investing in fossil fuels poses a serious financial risk. According to recent research led by Professor Lord Stern at LSE, two-thirds of current fossil fuels reserves are unburnable if climate change is to be kept to the globally-agreed limit of 2 degrees of warming [3]. In this regard, we call upon the Endowment Fund Board to issue explicit guidance to ensure the funds are divested away from fossil fuels, for the sake of current and future generations. References: [1] FOI Request [2] People & Planet, Platform, 350.org: http://peopleandplanet.org/dl/fossil-free/knowledge-power-report.pdf [3] Carbon Tracker Initiative Report (Carbon Tracker & The Grantham Research Institute, LSE) : http://www.carbontracker.org/wastedcapital
    2,077 of 3,000 Signatures
    Created by Tara Clarke
  • University of Liverpool: Divest from Fossil Fuels
    This is important because the University of Liverpool currently invests £12 million per year in the fossil fuel industry, which is 8% of their endowment. The time to reduce fossil fuel consumption is running out, and by not divesting, the University appears to be endorsing the actions of the fossil industry, and thereby failing to act on the issue of human-induced climate change. Climate change negatively affects the poorest most, and by not divesting from fossil fuels the University shows a callous disregard for the poorest populations and most vulnerable. The university is home to a leading institute for renewable energy research, yet they cannot actively be a world leader in green energy whilst funding the most polluting industry on earth. The students of this University clearly care about the environment and have created a movement within their Guild of Students to help implement a greener University (Green Guild). If this University wishes to abide by the active will of the student body, they will divest from this morally corrupt and ethically questionable industry without delay.
    201 of 300 Signatures
    Created by Joe Ferguson
  • KU Leuven Fossil Free
    {ENGLISH BELOW} Onze klimaattoekomst hangt af van een eenvoudige keuze. Ontginnen we alle gekende steenkool-, olie- en gasvoorraden ter wereld, dan blazen we genoeg CO2 de lucht in om onze planeet meerdere keren te laten overkoken. Laten we de meerderheid van die fossiele brandstoffen in de grond, dan maken we een goede kans om een leefbaar klimaat te behouden. Nu nog nieuwe steenkoolmijnen, olie- of gasvelden aansnijden is dus absolute waanzin wetende dat zelfs nu al mensen wereldwijd de gevolgen van klimaatverandering ondervinden. Sterker nog, als we de gevaarlijke grens van 1.5° opwarming niet willen overschrijden, zoals afgesproken in het wereldwijde Klimaatakkoord van Parijs, dan moeten zelfs fossiele mijnen en velden die nu actief zijn, vroegtijdig sluiten. Steeds meer universiteiten, stadsbesturen en pensioenfondsen van over de hele wereld investeren daarom niet langer in fossiele brandstofbedrijven. Daarmee nemen ze zowel een ethisch als economisch standpunt in en tonen ze zich voortrekker in de strijd voor een eerlijkere, gezondere en duurzamere samenleving. Onze KU Leuven kan haar rol als wetenschappelijke en maatschappelijke voortrekker daarbij niet ontkennen. Wij vragen nu dus dat onze universiteit zich ook aansluit bij die internationale Fossil Fuel Divestment beweging en haar bestaande fossiele beleggingen stopt. Fossiele brandstoffen horen in de grond! ENGLISH Our common climate future depends on a simple choice. If we dig up all known global coal, oil and gas reserves, we’ll blow enough CO2 into the atmosphere to boil the planet multiple times. If we choose to keep the majority of fossil fuels in the ground, we have a good shot at preserving a gentle climate. Opening up new coal mines, oil or gas fields at this stage is completely insane, knowing that people all over the world are already suffering from the consequences of climate change. Even more, if we want to keep the limit of a world only 1.5 degrees Celsius hotter than in pre-industrial times in sight, as we globally agreed upon in the Paris Agreement, then fossil fuel mines and fields that are actively in use nowadays will have to close down earlier than planned. More and more universities, city councils and pension funds worldwide have stopped investing in fossil fuel companies. They are taking an ethical and economical stance and prove to be leaders in fighting for a more equal, healthy and sustainable society. Our KU Leuven cannot deny its role in this debate as a scientific and civil pioneer. We ask our university to join the international Fossil Fuel Divestment movement and to put an end to its existing fossil investments. Together we keep fossil fuels in the ground!
    2,253 of 3,000 Signatures
    Created by Gert-Jan Vanaken Picture
  • UCL, DIVEST FROM FOSSIL FUELS
    Climate change has already caused millions to lose their lives and livelihoods after only one degree of global average warming [5]. ‘Business as usual’ scenarios see us facing up to six degrees of warming and hundreds of millions suffering. It’s time to take this problem on at its source: the fossil fuel companies. If it is wrong to wreck the climate, then it is wrong to profit from that wreckage. UCL cannot continue to use its funds from students, alumni, trusts and grant-making bodies to fund fossil fuel companies through its portfolio of investments. UCL's academics show a strong consensus on the effects of climate change, taking it into account in their research and making constructive proposals for how we can respond to and overcome it as a society. UCL is giving money to further this positive research yet chooses to invest in the fossil fuel industry, the root cause of climate change. This shows massive disrespect to their own staff, to the future of their students, and to all those around the world suffering the effects of climate change but also from the human right violations carried out by fossil fuel companies. With 1/4 of UK universities now having divested, 16 of which in the last year, UCL is losing its chance to lead the way towards a more sustainable world, proving that management prioritises profit over the protection of the environment, the future generations and the voice of thousands of students and academic staff who support divestment. In the ultimatum letter we sent to management in November 2016 we received more than 100 signatures from academic staff who support divestment [6]. How long will management keep disregarding the views of its student body and staff? One of the few counter-arguments management has presented is that they are scared divestment would negatively affect UCL's engineering department. However there is no evidence that by divesting UCL will risk its sponsorship from fossil fuel companies and jeopardise the ties the Engineering department have with them. All other universities who have divested still maintain links with the companies with no effect on their students future relations with these companies whatsoever. It is therefore high time we DEMOCRATISED our university and TAKE ACTION to prevent further planetary degradation. We as students, academics and above all citizens, have the power to change the world. References: [1] http://www.ucl.ac.uk/white-paper/mission [2] UCL Investment Portfolio, December 2012. [3] http://www.carbontracker.org/wp-content/uploads/downloads/2012/08/Unburnable-Carbon-Full1.pdf, p.13-14. [4] UCL Ethical Investment Policy, http://www.ucl.ac.uk/finance/finance_docs/investment_policy.htm [5] DARA, Climate Vulnerability Number 2010 http://daraint.org/climate-vulnerability-monitor/climate-vulnerability-monitor-2010/ [6] Open Letter to UCL Management http://fossilfreeucl.tumblr.com/openletter
    3,587 of 4,000 Signatures
    Created by Natasha Gorodnitski
  • SUSSEX UNIVERSITY DIVESTMENT CAMPAIGN - WE WON
    According to the most recent projections, the world is headed on a course to global warming of 4 degrees by the end of this century if we carry on emitting CO2 at current rates. [1] It is clear that fossil fuels are not the way forward, and that we must end our addiction to carbon and find sustainable energy alternatives before it is too late. Despite this, our governments and institutions continue to invest vast sums in companies extracting oil and gas, giving them huge public subsidies that have helped to make them some of the most profitable companies in the world. The University of Sussex is renowned as a progressive institution, and we believe that the University should lead by example and join dozens of other universities, religious institutions and local governments across the world that have already committed to investing its money ethically, and going fossil free. Collectively, we have the opportunity to send an important signal to our governments and the private sector about the urgent moral and financial imperative of phasing out fossil fuels.
    2,053 of 3,000 Signatures
    Created by Rachel Mohun
  • University of Exeter Fossil Free Campaign
    JPMorgan Chase is one of the worlds largest investment banks and as such has its fingers in a great many pots. Unfortunately some of these pots come with some truly terrible baggage, from fossil fuels to animal testing JPMorgan invests in them all. This sadly includes being the US's largest share holders in PetroChina, a company which has been widely recognized and condemned for helping finance genocide in Sudan. That means in a single company your tuition fees have direct connections to both the worsening of Climate Change and a Genocide that stills claims more than 100 lives every day. For a University to profit from any of these causes is wrong beyond belief but to be involved in all of them and more is a complete catastrophe. By signing you are telling the University that this cannot continue and that you support the campaign for not just a Fossil Free Exeter but an Ethically Invested Exeter as well.
    696 of 800 Signatures
    Created by Robin Ellis-Cockcroft
  • FULL Fossil Fuel Divestment for the University of Reading
    We are in the midst of a climate crisis and holding investments in fossil fuel companies is immoral. The current investment practices of the University are in direct violation of their investments policy, which clearly states: “The University of Reading believes in socially responsible investment and responsible stewardship. It expects its investment managers to take account of social, environmental and ethical considerations in the selection, retention and realisation of investment.” The University is recognised for producing world-class research on climate change and takes active steps to improve sustainability on its campuses. However, full fossil fuel divestment should be at the forefront of any sustainability strategy, and the University cannot make claims to be sustainable without it. If Vice Chancellor Robert Van de Noort wishes to make the University of Reading the “greenest university”, then full divestment is a necessity.
    772 of 800 Signatures
    Created by Chloe Bartlett
  • Divest NUI Galway From Fossil Fuels
    Currently, NUI Galway has at least 3.4 million Euro invested in oil and gas shares globally. Though shares in these fossil fuel companies may prove to be profitable in the short-term, research indicates that at least 80% of fossil fuel reserves must stay in the ground in order to prevent catastrophic changes to our climate. Therefore, it is the responsibility of public institutions to disengage in partnerships and support of fossil fuel companies in favor of more sustainable and ethical investments that will promote the health and welfare of both the planet, and all of her peoples.
    1,130 of 2,000 Signatures
    Created by Colm Duffy
  • Divest UWS From Fossil Fuels
    The University of the West of Scotland has over £1 million worth of investments. Numerous companies that the University invests in, including Shell have been accused of human rights abuses. For more information about our campaign and to get involved, please visit: https://www.facebook.com/groups/362019827317758/ Further reading: http://www.theguardian.com/environment/2014/oct/08/glasgow-becomes-first-university-in-europe-to-divest-from-fossil-fuels
    108 of 200 Signatures
    Created by Kevin McKinley
  • Durham University: Divest from Fossil Fuels
    At the moment Durham University has an investment policy that states that they won't invest in arms or tobacco companies. But no such policy against investing in fossil fuel companies exists. Carbon dioxide produced by burning fossil fuels results in the heating of the atmosphere. A rise of more than 2˚C in global temperatures is enough to put the world beyond the acceptable limits as outlined by scientists. Fossil fuel companies already have proven reserves of five times the amount needed to take us past this limit. At the moment the share price of fossil fuel companies is based on the idea that all the reserves held by fossil fuel companies will be burnt. This situation is of course not viable given the severely detrimental impact it will have on the environment. This disparity between the safely useable reserves and the proven reserves results in fossil fuel companies being not as safe a long-term investment as they are held up to be. Given the massive amounts of damage fossil fuel companies do to the lives of people around the world, the obvious environmental costs of the industry and the long term instability of fossil fuels as an investment, Durham University People & Planet Society are calling on the university to divest any money it has invested in fossil fuel companies and to add fossil fuels to the list of things in which it will not invest in the future.
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    Created by Durham University People and Planet Society Picture