Today, UCS has achieved nearly complete
divestment from fossil fuel companies, with no material change in risk or return objectives: Our stock holdings are now more than 98 percent fossil fuel — free.
Divestment from fossil fuel companies is a key component of the campaign.
United Church of Christ to become first U.S. denomination to move toward
divestment from fossil fuel companies.
This unprecedented danger to humanity has inspired a global ethical movement for
divestment from fossil fuel companies.
He is most recently the founder of the advocacy group 350.org which has led campaigns against the Keystone XL oil pipeline and on behalf of campus
divestment from fossil fuel companies.
While this falls short of the goals of 350NYC and other organizations that call for full
divestment from fossil fuel companies, it's a vital first step.
Not exact matches
Investing for impact in public equities can include divesting
from companies considered harmful to the environment, as embodied by 350.org's
fossil fuel divestment campaign.
It's the first mainstream religious organisation in the UK to threaten to withdraw money
from fossil fuel companies, after various «
divestment» campaigns.
A manufacturers group slammed the city's lawsuit against oil
companies and its
divestment from fossil fuel businesses.
Beth Newcomer The Legislative Analyst for NYC Council Member Helen Rosenthal (District 6, Upper West Side) encouraged attendees to reach out to their local Council Members and urge them to support the following legislative initiatives: • Possible legislation regarding
divestment of the city's pension funds
from fossil fuel companies • A bill to require the city to do a carbon footprint analysis of all the products the city procures, and to use that analysis to inform a policy of low - carbon operations • A number of bills to reduce the carbon emissions of city - owned vehicles and improve the sustainability of city buildings • A bill to enhance the city's already - strong idling laws so as to make them easier to enforce Find your Council Member here.
• Possible legislation regarding
divestment of the city's pension funds
from fossil fuel companies
Now, with oil prices crashing while the cost of production does not; with campaigners scoring victories
from the Paris climate agreement to major institutional
divestment from fossil fuels; and with increasingly viable competition
from electrified transportation, efficiency and renewables — oil
companies may be facing a unique confluence of uphill challenges.
(05/01/2013) The cities of San Francisco and Seattle have pulled their money out of
fossil fuel companies, taking a climate
divestment campaign
from college campuses to local government.
The UCL study was also propitiously timed to assist the February 13 - 14 «Global
Divestment Day» campaign, which aims to pressure institutions and investment funds to divest
from fossil -
fuel companies.
Perhaps the appropriate response is a program of
divestment, wherein government pension plans and officials scale down and eventually eliminate their holdings of stocks and bonds
from fossil fuel companies.
In this regard, they invoke previous
divestment campaigns, such as those targeting apartheid South Africa and the tobacco industry, and argue that divesting
from fossil fuel companies is a moral act.
The decision to retain holdings in the
fossil fuel industry flies in the face of recommendations
from a climate change committee appointed by Reif, which this summer issued a report noting that three - quarters of the committee supported «targeted
divestment from companies whose operations are heavily focused on the exploration for and / or extraction of the
fossil fuels that are least compatible with mitigating climate change.»
Or going further to full
divestment from the most polluting
fossil fuel extraction
companies.
On February 2nd, the University of Bristol confirmed in a public statement that, following their partial
divestment pledge in 2017, they had completed the
divestment of
companies deriving more than 5 % of their income
from «the most carbon intensive sectors of the
fossil fuel industry».
(05/07/2014) The
fossil fuel divestment campaign won a major victory today as Stanford University announced it would drop coal
companies from its massive $ 18.7 billion endowment, the fourth largest of any American university.
By divesting their assets
from fossil fuels, they are reducing the ability for big oil, coal and gas
companies to develop new extraction projects, while citizens worldwide are rising to stop these projects in their communities,» said Yossi Cadan, Global
Divestment Senior Campaigner at 350.org.
Nearly 700 institutions and 58,400 individuals representing at least $ 5 trillion in assets have divested
from fossil fuel companies, one group promoting and tracking the
divestment movement reported in December.
Shareholder resolutions and calls for institutional and individual
divestment from the primary producers of coal, oil, and natural gas are giving rise to growing public discourse on the climate responsibilities of these
fossil fuels companies (Lubber 2012; Oreskes 2013; Rockefeller Brothers Fund 2014).