Over a year which has seen large banks halt funding for fossil fuel projects, major
institutions divest from oil, gas and coal holdings, and oil companies snap up power and renewables companies in a bid to diversify their asset base, research published today by the UK Sustainable Investment and Finance Association (UKSIF) and the Climate Change Collaboration suggests nervousness over climate risk has shot up in financial circles.
Not exact matches
Some major
institutions may have to
divest assets, and Canaccord with Genuity is a larger more profitable firm that could make acquisitions to grow our businesses.
BOSTON, March 28 - A member of a Harvard University oversight board made a rare public call for the school to
divest itself from fossil fuel stocks, a move that shows continuing divisions on the issue as a new president takes over at the
institution and its leading $ 37.1 billion endowment.
People all around the world should ask their governments, public
institutions and companies to
divest stocks and bonds supporting unsustainable meat production.
The banks should be nationalized, at least temporarily, and every person and
institution involved (otherwise known as the elite banksters and politicians who served and supported the government and «quasi» government decisions) in each of the bailouts and heists of the taxpayer's (i.e. the «common» mans) money, should be
divested of their personal assets and earnings and put in a stockade for public viewing, smack dab in the middle of Wall Street, to be pelted with rotten vegetables.
Now is the time to
divest and invest to let our world leaders know that we, as individuals and
institutions, are taking action to address climate change, and we expect them to do their part this December in Paris at the U.N. climate talks.
According to the organization, more than 400
institutions and 2,000 individuals have pledged to
divest fossil fuel holdings ahead of the planned UN climate change gathering in Paris later this year.
In the UK, Glasgow University became the first academic
institution in Europe to
divest earlier this year, following a number of US universities» example.
Caritas Internationalis — a confederation of 165 Catholic relief, development and social service organizations operating in over 200 countries and territories and an official
institution of the Catholic Church — is among the
institutions committed to
divest from fossil fuels.
Since then the number of Catholic
institution committed to
divest skyrocketed from 8 to 103, and account to more than 10 % of all divestment commitments.
This week, 35 catholic organizations and
institutions announced their decision to
divest from fossil fuels companies, recognizing the impact of those rouge companies on people on the margins of society.
Catholic relief, development and social service organizations operating in over 200 countries and territories and an official
institution of the Catholic Church — is among the
institutions committed to
divest from fossil fuels.
Since then the number of Catholic
institution committed to
divest skyrocketed from 8 to 103, and account to more than 10 % of all
We've crossed this epic milestone just weeks ahead of the Global Divestment Mobilisation, when people all over the world will be taking action to highlight the moral urgency of cutting ties with the fossil fuel industry and pushing their
institutions to
divest.
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.
That said, if there's truly no risk of new fossil fuel projects being developed where you live, perhaps you're better off focusing your efforts on demanding 100 % renewable energy for all, ensuring local government or other
institutions are
divested from fossil fuels, or pursuing some of the other options outlined on this website.
Jeremy Poindexter, whose working on his PhD at the
institution, previously told Boston that if MIT didn't
divest, «it would be a missed opportunity on an issue that at its heart is a science and technology problem.»
If the Nobel Foundation
divests from fossil fuels it will be a strong signal and a wake - up call for people and
institutions around the world
Despite previous calls for British
institutions to
divest from the polluting project, financial data reveals Barclays and HSBC continue to bankroll the companies constructing the pipeline.
Distressingly, McKibben and activists like him have persuaded some colleges, churches, charitable
institutions, and municipalities to
divest from the fossil fuel industry.
Could this be a start of a wave of cities
divesting and
institutions suing fossil fuel companies for damages?
As part of the Indigenous - led DC Reinvest Coalition, we're working to pressure the DC Government to
divest its holdings and banking operations from Wells Fargo, which is among the biggest funders of the Keystone XL and Dakota Access pipelines, a major investor in for - profit prisons, and an
institution with a long history of racist lending.
We will ask that this crucial public financial
institution listens to this momentum that is happening throughout the country, and
divests from fossil fuels»
While the leaders of the world talk about what to do at the U.N. and
institutions like the Rockefeller Brothers Fund take positive steps to
divest from fossil fuels (announced the day after the march), the movement for climate change action will have to grow, learn, and mobilize; and quickly if the 2 degree Celsius temperature increase scientists have warned about is to be averted.
He argued that church
institutions have an opportunity to show leadership, as was the case on October 4, 2017, when 40 Catholic
institutions across five continents committed to
divest in the largest joint announcement to date.
Since the Church of Sweden became the first church group to
divest from oil and coal in 2008, more than two hundred other religious
institutions have followed.
Koenig added that Yasuni's possible revival dovetails with the emerging #keepitintheground movement that is pushing nations to leave fossil fuels buried and urging
institutions and foundations to
divest from fossil fuels because of the harm they cause the planet.
All over the world people are confronting funds and
institutions to
divest from fossil fuels.
A coalition of 40 faith
institutions from around the world have just
divested from fossil fuels.
Fossil Free started in 2012 as a campaign to
divest our
institutions from fossil fuels.
FT Advisory - Victoria Hoskins An increasing number of individuals and
institutions are
divesting from...
Thousands came together for Global Divestment Mobilization to call on
institutions and individuals to do what is necessary for climate action by
divesting from fossil fuels.
Challenging one of the oldest higher education
institutions in the U.S. to
divest from fossil fuels
Every
institution that
divests is adding to the pressure fossil fuel industry is feeling, and eroding the social acceptance and political influence of these companies.
Caritas Internationalis — a confederation of 165 Catholic relief, development and social service organisations operating in over 200 countries and territories and an official
institution of the Catholic Church — is among the
institutions who commit to
divest from fossil fuels.
The full list of
institutions that have
divested yesterday is here, including information on the type of divestment and statements and media contacts for selected organizations.
Top Catholic
institutions worth billions
divest from fossil fuels as part of the continuing momentum for the global divestment movement
PhD student Alex Hemingway, spokesperson for
Divest UBC, felt that an
institution like UBC would send a «powerful message,» about the urgency of tackling climate change and the importance of putting words into action.
Nonetheless, Fenton said that a clear moral line in the sand has been drawn for other
institutions such as the Universities of British Columbia (UBC), Toronto, and McGill, all of whom face decisions this fall on whether or not to
divest from fossil fuels.
Clear evidence of the increasing number of investors recognizing the urgency of this issue and acting on it can be seen in the growing numbers of
institutions and individuals who have signed onto the
Divest / Invest Philanthropy pledge.
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.
However, by starting a divestment campaign in your Catholic diocese, university, school, hospital or other
institution you will be helping to build momentum for Pope Francis to
divest the Vatican.