Research firm Corporate Knights revealed that the pension fund would be $22 billion richer had it divested from fossil fuel stocks in 2008. That’s almost $20,000 for of each of the pension fund’s 1.1 million members & retirees. It’s time to #DivestNY
As more institutions, including the largest sovereign fund in the world, move forward to cut their ties with fossil fuel companies, the anti-climate action campaigns of coal, oil and gas companies become more desperate – a sign of our success.
#DivestNY is a broad coalition calling on New York’s Comptroller Scott Stringer to divest our pension funds from dirty oil, gas and pipeline companies. The coalition recently mailed 800 handwritten notes to the comptroller.