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Colleges & Universities

  • University of Turku: Go Fossil Free
    Miksi tämä on tärkeää: Yliopistoilla on moraalinen vastuu yhteiskunnan korkeimman tiedon lähteinä hyödyntää omassa toiminnassaan parasta olemassa olevaa tietoa. Tiedeyhteisön yhteisymmärrys on kiistaton. Emme voi polttaa edes puolta maailmanlaajuisista fossiilisten polttoaineiden tunnetuista varannoista aiheuttamatta tuhoisaa ilmaston lämpenemistä. [2][3][4][5] Ilmastotieteilijät ovat yhtä mieltä siitä, että fossiilisten polttoaineiden käyttö on suurin yksittäinen syy antropogeeniseen eli ihmisen toiminnan aiheuttamaan ilmastonmuutokseen, joka aiheuttaa äärimmäisen vakavia ekologisia ja sosiaalisia katastrofeja. [2] Turun yliopiston tulisi johtaa omalla esimerkillään ilmastonmuutoksen hillitsemistä harjoittamalla entistä kestävämpää sijoitustoimintaa niin ympäristön kuin taloudenkin kannalta. Hiilikuplalla tarkoitetaan fossiilisia polttoaineita tuottaviin yhtiöihin liittyvää taloudellista riskiä, joka johtuu alihintaisten kasvihuonekaasupäästöjen aiheuttamasta markkinahäiriöstä. Hiilikupla on saanut useita sijoittajia vetämään sijoituksensa pois näistä yhtiöistä. [6][7] Yliopiston siirtyminen fossiilisten polttoaineiden tuottajista vapaaseen sijoitusstrategiaan olisi vahva signaali yliopiston henkilökunnalle ja opiskelijoille siitä, että yliopiston johto tunnustaa tieteellisen tutkimustyön tulokset ja pyrkii kehittämään yliopiston toimintaa entistä kestävämmäksi. Yhteiskunta tarvitsee edelläkävijöitä, jotka luovat uuden normaalin ja motivoivat muita osallistumaan uusien parhaiden käytäntöjen omaksumiseen. ------------------------------------------------------ Why is this important? Universities have the moral responsibility to act according to the leading sources of scientific research and education in a society. The scientific consensus is clear and overwhelming; we cannot safely burn even half of the world's fossil-fuel reserves without dangerously warming the planet for several thousand years. [2][3][4] Scientists agree that global warming caused by humans burning fossil fuels will continue to accelerate and intensify tragic climate disasters. [2] University of Turku should take the lead in confronting climate change by promoting sustainable and financially sound asset management practises. Carbon bubble is a term used to describe the financial risk related to companies holding fossil fuel reserves as governments move to fix the market failure caused by uncontrolled carbon emissions. [5][6][7] Divestment would send a strong signal to the University's staff as well as current and future students, that the University will take action for a sustainable future. Society as a whole needs leadership from organisations that shape the future and motivate others to join and implement best practises. [1] http://gofossilfree.org/companies/ [2] http://www.ipcc.ch/pdf/assessment-report/ar5/wg1/WGIAR5_SPM_brochure_en.pdf [3] http://carbontracker.live.kiln.it/index.html?CMP=twt_gu [4] http://climate.nasa.gov/scientific-consensus [5] http://climate.nasa.gov/vital-signs/carbon-dioxide/ [6] http://gofossilfree.org/endorsements/ [7] http://www.carbontracker.org/report/carbon-bubble/ [8]http://www.tyy.fi/sites/tyy.fi/files/attachment/liite1_talousstrategia_edustajistolle.pdf
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    Created by Valtteri Moilanen Picture
  • University of Dundee: DIVEST FROM FOSSIL FUELS
    Dundee University’s environmental and sustainability policy statement lists using “resources efficiently to minimise our impact on the environment” among its responsibilities, and divesting from fossil fuels could certainly reduce our negative effects. While fossil fuels are limited and damaging to the environment, investing in more green industries could aid the UK in producing more sustainable energy and more viable long-term investments. The fact that anthropogenic global warming is occurring is supported by a huge number of scientific communities, and continued use of fossil fuels will exacerbate the problem. By 2011, methane, carbon dioxide, and nitrous oxide content in the air had already increased by 150%, 40%, and 20% respectively since 1750. The temperature of the oceans has increased by about 0.72 degrees centigrade between 1951 and 2012. While research in the University is producing exciting sustainable possibilities that may help us stop this increase, we feel that its investments should also reflect that intent.
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    Created by Dundee People & Planet Picture
  • 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.
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    Created by Chloe Bartlett
  • Fossil Free Dundee
    It is recognised across the world that global temperatures must remain no more than 2°C higher than in pre-industrial times if climate change is not to destroy our entire way of life. For this to happen, study after study has demonstrated that 80% of currently known fossil fuel reserves must remain in the ground. This view is endorsed by mainstream elements of society, from Mark Carney, the governor of the Bank of England, to the United Nations. Companies like BP and Shell – and the University’s investments in them—are not part of a sustainable future, no matter how they, or the University, might pretend otherwise. Small investments in renewables are far outweighed by the catastrophic impacts of continued oil extraction. In universities around this country and the world, divestment is denying these companies their moral acceptability –. All moral and financial arguments point to the same thing – divestment from fossil fuels.
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    Created by Zoe MacKenzie Picture
  • UNIVERSITY OF HELSINKI: GO FOSSIL FREE!
    Miksi tämä on tärkeää? Yliopistoilla on moraalinen vastuu yhteiskunnan korkeimman tiedon lähteinä hyödyntää omassa toiminnassaan parasta olemassa olevaa tietoa. Tiedeyhteisön yhteisymmärrys on kiistaton. Emme voi polttaa edes puolta maailmanlaajuisista fossiilisten polttoaineiden tunnetuista varannoista aiheuttamatta tuhoisaa ilmaston lämpenemistä. [3][4][5][6][7] Ilmastotieteilijät ovat yhtä mieltä siitä, että fossiilisten polttoaineiden käyttö on suurin yksittäinen syy antropogeeniseen eli ihmisen toiminnan aiheuttamaan ilmastonmuutokseen, joka aiheuttaa äärimmäisen vakavia ekologisia ja sosiaalisia katastrofeja [3][4]. Helsingin yliopiston tulisi johtaa omalla esimerkillään ilmastonmuutoksen hillitsemistä harjoittamalla entistä kestävämpää sijoitustoimintaa niin ympäristön kuin taloudenkin kannalta. Hiilikuplalla tarkoitetaan fossiilisia polttoaineita tuottaviin yhtiöihin liittyvää taloudellista riskiä, joka johtuu alihintaisten kasvihuonekaasupäästöjen aiheuttamasta markkinahäiriöstä. Hiilikupla on saanut useita sijoittajia vetämään sijoituksensa pois näistä yhtiöistä. [8][9][10] Yliopiston sitoutuminen fossiilisten polttoaineiden tuottajista vapaaseen sijoitusstrategiaan olisi vahva signaali yliopiston henkilökunnalle ja opiskelijoille siitä, että yliopiston johto tunnustaa tieteellisen tutkimustyön tulokset ja pyrkii periaatteidensa mukaisesti kehittämään yliopiston toimintaa entistä kestävämmäksi. [11] Helsingin yliopisto pyrkii saamaan sijoitussalkkunsa hiilineutraaleiksi “huomattavasti ennen vuotta 2045” [12]. Fossiiliteollisuuteen tehdyistä sijoituksista luopuminen on yksi askel yliopiston matkalla kohti tuota tavoitetta. Yliopiston pyrkimyksenä onkin rajata fossiilisia polttoaineita tuottavien yhtiöiden osuus sijoitussalkuistaan korkeintaan 1 %:iin, ja käytännössä vähentää niiden osuutta senkin jälkeen [11]. Ilmastotoimien kiireellisyydestä huolimatta sijoituksista luopumiselle ei kuitenkaan ole asetettu selkeää aikarajaa. Yliopisto ei myöskään ole sitoutunut olemaan sijoittamatta fossiilisia polttoaineita tuottaviin yrityksiin tulevaisuudessa. Yhteiskunta tarvitsee edelläkävijöitä, jotka luovat uuden normaalin ja motivoivat muita osallistumaan uusien parhaiden käytäntöjen omaksumiseen. ------------------------------------------------------ Why is this important? Universities have the moral responsibility to act according to the leading sources of scientific research and education in a society. The scientific consensus is clear and overwhelming; we cannot safely burn even half of the world's fossil-fuel reserves without dangerously warming the planet for several thousand years. [3][4][5][6][7] Scientists agree that global warming caused by humans burning fossil fuels will continue to accelerate and intensify tragic climate disasters [3][4]. The University of Helsinki should take the lead in confronting climate change by promoting sustainable and financially sound asset management practices. Carbon bubble is a term used to describe the financial risk related to companies holding fossil fuel reserves as governments move to fix the market failure caused by uncontrolled carbon emissions. [8][9][10] Divestment would send a strong signal to the University's staff as well as current and future students, that the University will take action for a sustainable future, as stated in the principles for responsible investment activities [11]. The University of Helsinki is aiming for a carbon-neutral investment portfolio well before the year 2045 [12]. Divestment from the fossil fuel industry is one of the University’s steps towards this goal. The University is aiming for a portfolio where firms that produce fossil fuels comprise no more than 1% of the investment portfolio, and aims to reduce their weight in the portfolio further after that [11]. However, despite the time-critical nature of the climate crisis, no time limit has been set for divestment. The University has not committed to refrain from future investment into firms that produce fossil fuels. Society as a whole needs leadership from organisations that shape the future and motivate others to join and implement best practices. [1] http://gofossilfree.org/companies/ [2] https://www.helsinki.fi/fi/yliopisto/strategia-ja-johtaminen/strategia-2017-2020 [3] https://www.ipcc.ch/report/ar5/syr/ [4] https://www.ipcc.ch/sr15/ [5] http://carbontracker.live.kiln.it/index.html?CMP=twt_gu [6] http://climate.nasa.gov/scientific-consensus [7] http://climate.nasa.gov/vital-signs/carbon-dioxide/ [8] https://gofossilfree.org/divestment/commitments/ [9] http://www.carbontracker.org/report/carbon-bubble/ [10] https://www.divestinvest.org/wp-content/uploads/2017/09/Carbon-Tracker.-Unburnable-Carbon-Full-rev2-1.pdf [11] Suomeksi: https://www.helsinki.fi/sites/default/files/atoms/files/hy_vastuullisen_sijoitustoiminnan_periaatteet.pdf In English: https://www.helsinki.fi/sites/default/files/atoms/files/hu_principles_for_responsible_investment_activities.pdf [12] Suomeksi: https://www.helsinki.fi/fi/uutiset/kestava-kehitys/helsingin-yliopisto-sijoittaa-entista-vastuullisemmin-tavoitteena-hiilineutraali-salkku?fbclid=IwAR0Uq_fegJ1SO_cdBOCQII0GR4KAHvSvTzDtUk_M9tte-m8ersZ9rKmsfzA In English: https://www.helsinki.fi/en/news/sustainability-news/increasingly-responsible-investments-by-the-university-of-helsinki-aiming-for-a-carbon-neutral-portfolio
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    Created by Lotta Närhi
  • Trinity University: Divest from Fossil Fuels!
    The climate crisis 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 $50 billion in damages. Experts agree that global heating 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.
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    Created by Ethan Crane Picture
  • 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.
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    Created by Francesca Dana
  • Divest UofT
    █████████████████████████████ ➽➽➽ Burning fossil fuels causes CLIMATE DESTABILIZATION ➽ Stocks in fossil fuels are OVER-VALUED & UNSUSTAINABLE ➽➽ Divestment makes FINANCIAL + ETHICAL sense for U of T █████████████████████████████ To avoid dangerous climate destabilization the world needs to urgently move from carbon-intensive fossil-fuel production to carbon-neutral energy production. Fossil fuel companies have more than five times the reserves of carbon than can safely be burned, yet they continue to search for more reserves and increase their emissions. The high stock value of fossil fuel companies also rests on the dubious assumption that all of these fuels will be burned. In a world where fossil fuel production and consumption must be curtailed these stocks are significantly over-valued and divestment makes both financial and ethical sense. The University of Toronto is heavily invested in fossil-fuel companies, with a significant portion of its ~$1.5 billion endowment devoted to this unsustainable industry. The danger of climate destabilization obliges us to transition away from fossil fuels in the very near future.
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    Created by Stuart Basden
  • Green society
    There is no planet B to live in. It's time for the bright future to divest fossil fuels.
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    Created by Asmaa Hanafi Picture
  • Divest Drake University From Fossil Fuels!
    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 $50 billion 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.
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    Created by Conor Murphy Picture