Divestment Updates

Updates – Page 2


UK campaign heats up as SOAS freezes fossil fuel investments

Hot on the heels of Glasgow University, which recently announced that it will be making a decision on halting its fossil fuel investments in October 2014, campaigners at the School of Oriental and African Studies (SOAS) in London are celebrating a preliminary victory. In the decision announced on Tuesday 29th July, SOAS management have agreed (More...)

Divest CALSTRS Responds to Engagement

Jane is a retired English and Spanish middle school teacher who receives a pension from the world’s largest educator-only pension fund (and the second largest US pension system), California State Teachers Retirement System (“CalSTRS”). A few weeks ago, Jane wrote a letter to the CEO of CalSTRS, Jack Ehnes. The letter started like this, “I (More...)

City

Divestment Campaign Takes Hold in Norway

Last week we updated you about the successes of other European Fossil Free campaigns, but this week we’ve got a special dispatch from our Norwegian divestment campaign partners, Framtiden.    Here’s the lowdown on the Fossil Fri Penger campaign from Hanne Gustavsen: Pensions progress Earlier this year the Norwegian parliament appointed an expert committee whose mandate (More...)

City Education Europe

Divestment campaigns take hold in Norway

Last week we updated you about the successes of other European Fossil Free campaigns, but this week we’ve got a special dispatch from our Norwegian divestment campaign partners, Framtiden.    Here’s the lowdown on the Fossil Fri Penger campaign from Hanne Gustavsen: Pensions progress Earlier this year the Norwegian parliament appointed an expert committee whose mandate (More...)

How Campaigning to Divest From Fossil Fuels Started with a Field of Hungry Bees

Since starting at 350.org as the new US Digital Divestment Campaigner, I keep thinking of one summer afternoon storm two years ago in Eastern Turkey. The sky was a sick orange as ominous dust clouds marched across the Anatolian plateaus. Old nomadic beekeepers, with their faces wrinkled from years of squinting at the horizon sighed (More...)

The Divestment Movement Takes on the NYC $160 Billion Retirement Fund

At $160 billion, the NYC Common Retirement Fund is the third largest pension plan in the country, and it’s heavily invested in the fossil fuel industry. This video illustrates efforts by Fossil Free NYS and local activists to redirect these investments to be more in line with the morals and beliefs of the fire-fighters, teachers, and government employees it (More...)

Methodists Fail to Respond to Grassroots Call for Fossil Fuel Divestment

Despite unprecedented pressure from local churches, the Methodist Conference failed to commit to end its investments in fossil fuels. It announced that it will review its policy, with no decision for at least 12 months. The Methodist Church has investments in fossil fuel companies worth £58 million (2012 figures). Mark Letcher, Vice-Chair of Christian climate (More...)

Quakers Move Their Money to Protect the Planet

This guest post is by Paula Kline of Fossil Free Friends. The Eco-Justice Working Group of Philadelphia Yearly Meeting announced today that more than $2 million of assets have been divested from fossil fuels and reinvested in a new Quaker Green Fund offered by Friends Fiduciary Corporation. By doing so, Philadelphia area Friends join a growing (More...)