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  • DIVEST RHONDDA CYNON TAF PENSION FUND FROM FOSSIL FUEL INVESTMENTS
    Climate change is the greatest challenge humanity has encountered, not just environmentally but also economically, morally and socially. In order to avoid the catastrophic consequences of climate change, global warming must not exceed 2°C which means 80% of known fossil fuel reserves must not be used. Recent research, instigated by the Carbon Tracker foundation, asserts that there are five times more fossil-fuel reserves than can be burnt if internationally agreed carbon emissions targets are to be met. Fossil fuel equities also pose significant financial risks. As governments control carbon emissions to meet these targets a large proportion of fossil fuel reserves which companies expect to extract will become stranded assets: a “carbon bubble”. Funds which are exposed to fossil fuel equities when this bubble bursts can expect to suffer considerable losses. The Governor of the Bank of England, Mark Carney has recently expressed concerns over climate risk, stating that the “vast majority of reserves are unburnable” if global temperature rises are to be limited to below 2C (http://www.theguardian.com/environment/2014/oct/13/mark-carney-fossil-fuel-reserves-burned-carbon-bubble) Institutions around the world including local government, universities and churches are pulling out of fossil fuels investments and moving towards a cleaner energy future. By divesting from fossil fuels, the Rhondda Cynon Taf Pension Fund will join public institutions such as the British Medical Association, Glasgow University and Oxford City Council, amongst many others, in leading by example to help create a sustainable future for it's citizens. In support of this movement we ask you to sign and share our petition. Thank you for your support
    75 of 100 Signatures
    Created by Ellen Gibson
  • SAY NO TO FRACKING WAKANDA
    More than 200 different animal species in water died due to fracking in the Zaboa in 2018. Also, over 400 people in the Dizaaza kingdom were diagnose with respiratory related diseases between 2012-2018. These are evidences of the dire negative impact of fracking on human life and the environment.
    33 of 100 Signatures
    Created by Paul Mutuku Picture
  • Divest Camden
    We believe divestment from fossil fuels to not only be ethical, but also financially prudent. The commitment to maintaining global temperature rise well below 2 degrees, in line with the Paris Agreement, would see much of the current assets of fossil fuel companies becoming stranded- a serious risk to the fund. This has been supported by numerous financial institutions, including the Bank of England. Camden Council has a proud history of divesting from the apartheid regime in South Africa, and has led the way on climate by holding the UK's first Citizens' Assembly. We want Camden to properly honour this heritage by securing a divestment commitment that would resonate on a national scale, rather than undermine our borough's progressive values by providing for the fossil fuel industry a home.
    424 of 500 Signatures
    Created by Susan Poupard
  • Fossil free resolutionen: Test4
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    4 of 100 Signatures
    Created by Rachel Hubbard
  • Coventry University, divest from fossil fuels
    We're all part of institutions that ought to be looking out for the public good, from city and state governments to religious institutions to other kinds of charities and non-profits. Most of these institutions invest money in stocks and bonds, and have a responsibility to divest from an industry that’s destroying our future, and reinvest in solutions to climate change. 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. We're asking for these institutions to: 1. Immediately freeze any new investments in fossil fuels. 2. Divest from direct ownership and any commingled funds that include fossil fuel public equities and corporate bonds within 5 years.
    26 of 100 Signatures
    Created by Brendan St.John Picture
  • 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
    36 of 100 Signatures
    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.
    5,421 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
    111 of 200 Signatures
    Created by V'cenza Cirefice
  • School of the Art Institute of Chicago: Go Fossil Free!
    Here we address an issue without boundaries: Climate Change. The global environment is changing at an alarming rate: 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. World wide the effects are catastrophic and significantly more palpable than here in Chicago; dollar amounts hold no comparison. The scientific consensus is clear and overwhelming; we cannot safely burn even one quarter of global fossil-fuel reserves without causing devastation far beyond what we’ve experienced. As the top consumers of our planet’s resources, it is our moral responsibility to take action for our shared future. We ask that SAIC join the nationwide movement to make a real and immediate effort towards freezing any new investment in fossil-fuel companies, and to develop a plan to divest within five years from direct ownership and from any commingled funds that include fossil-fuel public equities and corporate bonds. Investing in fossil-fuels compromises not only SAIC’s financial portfolio due the unstable nature of the industries foundation, but it endangers the health and habitat of every living organism on the planet. We ask you to work alongside us in this effort. Divesting will not only secure a more sustainable long-term investment portfolio but it will play a pivotal role in bringing this most pressing issue into conversations among local, state, and federal decision makers. As we’ve learned from civil rights issues of the past, there is a right side and a wrong side of history. This is an opportunity for SAIC to take a stance towards change for the better and to fully acknowledge our responsibility as one of the most influential art colleges around the world. With Chicago as our base, our reach is global. A decision such as this is beyond international, it is world changing. Dr. Massey, we hope that you will stand alongside us in this effort, and look forward to working with you to help the SAIC administration move towards the future.
    101 of 200 Signatures
    Created by Francesca Dana
  • Halte aux combustibles fossiles.
    En signant cette pétition vous nous aiderai à lutter contre les combustibles fossiles et sauver des miliers des vies .
    23 of 100 Signatures
    Created by Emma Bwishe Picture