Not-to-be-missed tweeted news on the global #fossilfuel #divestment movement and campaign.
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December 13
Good news! @SPP_sverige, with funds worth SEK230 billion, is now going 100% #fossilfree. All assets in 418 corporations are dumped. Makes little sense when pension funds and life insurance portfolios contribute to undermining the future. #COP25 #divestmenthttps://t.co/6lKCvmJxRy
— Oliver Tovatt (@OliverTovatt) December 13, 2019
December 10
‘Aside from my climate convictions, in banking terms, it makes no sense at all to invest in assets that in 40 years will be stranded’ EIB President Hoyer at #SustainableFinance event #COP25 pic.twitter.com/9LfetOZKcM
— European Investment Bank (@EIB) December 10, 2019
November 14
#JustIn🔴The EU Bank is commited to achieve the #decarbonisation of European economies by 2050! Our Board of Directors approved a new #Energy Lending Policy coupled to an ambitious #climateaction strategy to make this objective a reality: https://t.co/7vozu7FNzK 🇪🇺🏦💚🌍 pic.twitter.com/DCsvYajVLP
— European Investment Bank (@EIB) November 14, 2019
November 13
FULL DIVESTMENT ALERT! WE DID IT! 🎉Following five years of student campaigning – formerly as Fossil Free and now as People and Planet – @UniofNewcastle confirmed in a press release yesterday their commitment to FULL divestment from fossil fuels by 2021. 1/4 pic.twitter.com/4kkHgS4FFT
— People and Planet Newcastle (@nclpeopleplanet) November 13, 2019
The United Reformed Church Synod of #Wales has announced its decision to #divest from fossil fuels! https://t.co/1eP8CKonqZ @urcmedia @URC_Wales pic.twitter.com/L7blxm9wf5
— Operation Noah (@OperationNoah) November 13, 2019
Riksbank, Sweden's central bank, is selling bonds for climate reasons. "We are now doing this by rejecting issuers who have a large climate footprint.” They have sold off bonds issued by Alberta in Canada and Queensland and Western Australia. Wow! https://t.co/lLtje18D7h
— Mark Campanale (@CampanaleMark) November 13, 2019
November 11
Concordia announces #fossilfuel #divestment, but more importantly a commitmnent to 100% #sustainableinvestment. This is leadership. https://t.co/zF4Bq17yhM
— Eugene Ellmen (@EugeneEllmen) November 11, 2019
Today we are announcing that we are ending our arrangement with the BP Portrait Award. We recognise the need to do all we can to address the climate emergency. More details here: https://t.co/YML8JRnaBM pic.twitter.com/EqldVukcXm
— National Galleries (@NatGalleriesSco) November 11, 2019
November 7
Just posted: a new company profile on Saudi Aramco. Very dodgy.
The world's top polluter is aiming to sell shares in early December in the world’s biggest IPO, aided and abetted by a group of banks out for profits over people and planet. /1https://t.co/DBZr4bBw3N
— BankTrack (@BankTrack) November 7, 2019
Glad I divested most of my carbon stocks years ago. Study shows pension funds’ refusal to divest from fossil fuels cost $19B https://t.co/TEs2w2Fjdf Banks and other lenders will be stuck with stranded assets. #climate #corpgov #ESG #sriconference #sri30 #csr #carbon #fossilfuel pic.twitter.com/FU6eAZQm1k
— James McRitchie (@corpgovnet) November 7, 2019
November 6
Study Shows Pension Funds' Refusal to #Divest From Fossil Fuels Cost Retired Teachers, Firefighters, and Public Workers $19 Billion – https://t.co/nbhgy3R0io #Divestment
— Aryt Alasti (@AAlasti) November 6, 2019
Trade unionists, Labour activists and pension holders challenge @WYPF_LGPS at AGM to go #FossilFree : https://t.co/31kxgJyA2W #strandedassets #ClimateEmergency pic.twitter.com/DYH5OzHdRR
— Fossil Free WYPF (@FossilFreeWYPF) November 6, 2019
November 5
"There hasn't been a movement like this (the fossil-fuel divestment movement) since Antii-apartheid in the 1980s" – Emma Jane Joyce @NTMA_IE at #CFWI19 @SusNatIrl #IrelandForFinance #BackedByAIB #YOSF19 @IrlDeptFinance pic.twitter.com/rRFfUW0kSc
— The Ladder (@TheLadderIO) November 5, 2019
Wow — California’s largest pension funds would have made $17 billion more if they’d divested from oil and gas a decade ago. #divest https://t.co/3d9cx1huv0
— Jamie Henn (@Agent350) November 5, 2019
November 3
Imagine pension & investment funds are pressured NOT to buy the @Aramco shares at their #IPO in December. Why would anybody massively invest in a highly profitable but doomed „world’s biggest“ company? Fossil fuel must stay in the ground! @ExtinctionR @SumOfUs @ActOnClimate100 https://t.co/UwW3qJHGhK
— Katrin Muff (@KatrinMuff) November 3, 2019
November 2
Our contribution at the Divestment Conference at @Cambridge_Uni today. The panel of Trustees of the Cambridge University Council was a united front: we need a policy of divestment and we need it now!
The @GraduateUnion supports a policy of #divestment since Dec 2016. pic.twitter.com/wRLYk8MJBY
— GU President Alessandro Ceccarelli (@PresidentGu) November 2, 2019
November 1
Ad Hoc Committee on Harvard #Divestment: Open Letter to President Bacow and Fellows – Harvard Faculty For Divestment – https://t.co/4rovAjja8J #Divest #DivestHarvard
— Aryt Alasti (@AAlasti) November 1, 2019
mondosri - home of @SriEvent 