News on the #fossilfuel #divestment global movement and campaign
(“a primary driver of success at the Paris Climate Talks in 2015”, as Christiana Figueres unequivocally stated).
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2022
Oct 27
There are 153 universities in the UK, and with today's announcement from @covcampus Coventry, 100 of them are divested from fossil fuel.
Huge thanks to @peopleandplanet and all who have fought hard to make it happen!https://t.co/TLG0seyN7L— Bill McKibben (@billmckibben) October 27, 2022
Oct 13
In 2018, an IEEFA report presented the financial case for divestment from fossil fuels. Four years and hundreds of divested funds later, we find the case for #divestment is as strong as ever. Here’s what you’ll find in our new report: https://t.co/chpcGgz5dL🧵 (1/7) pic.twitter.com/ZYweJt3zZU
— IEEFA.org (@ieefa_institute) October 13, 2022
Sep 29
#Divestment #Divest #FossilFuelDissociation https://t.co/lvuvIxMkWY
— Aryt Alasti (@AAlasti) September 30, 2022
No more tiger in Exxon's tank! Princeton takes a giant step down the divestment path!!
Such great work by @DivestPrinceton and many allies! This is a huge huge win, and means almost all the Ivy League has joined in this fighthttps://t.co/iZUCR0D4bR— Bill McKibben (@billmckibben) September 29, 2022
Sep 20
CLIMATE WIN! 🎉
Waltham Forest has become the first local authority pension fund to see through its commitment to divest from fossil fuels ✊💥
Here's how they did it and how you can take action against fossil fuels toohttps://t.co/skX5Lqexq9
— Friends of the Earth (@friends_earth) September 20, 2022
Aug 30
University of Central Lancashire [U.K.] divests from fossil fuels in pledge to ‘sustainable and ethical’ investments – https://t.co/6yDt3grj8X #Divestment #Divest
— Aryt Alasti (@AAlasti) August 30, 2022
Aug 17
🎉 VICTORY! Rose Bruford College becomes the first UK drama school to go Fossil Free!!!🎉
We’re now demanding @rosebruford also divest from the border industry. Sign the Divest Borders petition here 👉 https://t.co/xQWXbBqcNq
Keep us winning 👉 https://t.co/NKMQ6Y9tRM pic.twitter.com/39MLa6VF1c
— People & Planet (@peopleandplanet) August 17, 2022
June 13
California's #divestment bill goes to its first Assembly Committee in TWO WEEKS!
Just 6 legislators stand between us & divesting the two largest public pensions in the country.
It only takes a few minutes to make a difference. #SB1173
Take action: https://t.co/v1MQzwEfAk pic.twitter.com/OWQbym0R73
— Stand.earth (@standearth) June 13, 2022
May 31
🎉The University of Leicester becomes the 94th UK university to divest from fossil fuels!!!🎉
Sign the petition to demand @uniofleicester support Fossil Free Careers next 👉 https://t.co/EOqgas4CEA
Keep us winning 👉 https://t.co/NKMQ6Yr4Jk pic.twitter.com/6iakevrmwu
— People & Planet (@peopleandplanet) May 31, 2022
May 26
BREAKING: California Senate passes fossil fuel #divestment bill!
Huge congrats to @FossilFreeCA, @Y_Vs_A, @SenGonzalez_33 & all those who made this happen.
Read more on this much welcome good news here: https://t.co/29XN7vfy82 pic.twitter.com/LAPRk5hK7x
— Stand.earth (@standearth) May 26, 2022
May 18
Councillors from 4 rival political parties have called on Scottish local government pension funds to end their investments in fossil fuels. FoE Scotland said it was “fantastic” that the call for divestment had resonated “across the political spectrum.”
https://t.co/QHjrVCct1g— Mark Campanale (@CampanaleMark) May 18, 2022
May 16
Raising the question of #divestment from fossil fuels is a matter of fiduciary duty. @TIAA hasn’t even considered what its portfolio could look like without any reliance on coal, oil and gas companies. https://t.co/AZqFPoYW8f
— IEEFA.org (@ieefa_institute) May 16, 2022
May 10
This is the kind of religious leadership our world needs.
Thank you to leaders from @Oikoumene and other religious institutions for showing what it means to put your faith into action. https://t.co/bu6MWfHZN1
— GreenFaith (@greenfaithworld) May 10, 2022
Apr 21
The #Oregon State Treasury has at least $5.3 billion invested in #FossilFuel companies, a coalition of environmental groups said in a report Wednesday that blamed the state for adding to global warming + urged #divestment via @andrewselsky:https://t.co/8Zi7B7V0iq
— Andrew Bogrand (@andrewbogrand) April 20, 2022
Apr 20
yesssss!!!! WE WILL WIN. https://t.co/RgaR2gGxn8
— Youth Vs. Apocalypse (@Y_Vs_A) April 20, 2022
So excited to see that Soros Fund Management has committed to #divest-invest its portfolio by "Ending all investments in new fossil fuel companies by no later than 2025 and divesting existing exposure". Philanthropic leaders are moving their $! https://t.co/tTSw7QfaBm
— Ellen Dorsey (@EllenD35) April 20, 2022
Apr 14
From @Reuters: New York pension officials said they will support shareholder resolutions filed at major banks seeking quick cuts to financing of new fossil fuel development, pushing climate issues to the fore of another shareholder meeting season
https://t.co/gsL36kpTcN pic.twitter.com/b73jzJzlPQ— Lee-Chin Institute (@Lee_Chin_Inst) April 14, 2022
Apr 5
Students, alumni want University of Virginia Investment Management Company to divest from fossil fuels, make greater strides toward sustainability https://t.co/kQvKUf19ye via @newsadvance
— Mark Campanale (@CampanaleMark) April 5, 2022
Apr 4
Thank you for signing the #DivestPledge2022!
We are calling on candidates all across the UK and from all political parties to commit to taking action on runaway climate change and working to divest their pension fund.
❌ Find out more + sign the pledge: https://t.co/gIFsf1cMbK https://t.co/RqhAWxLP3F
— UK Divest (@UKDivest) April 4, 2022
March 31
Well done @DivestPrinceton! #ClimateCrisis #FossilFuelFree #Divestment #TheKidsAreAllRight https://t.co/btYQTOt5xL
— Dana R Fisher, PhD (@Fisher_DanaR@mastodon.social) (@Fisher_DanaR) March 31, 2022
March 21
📣 BREAKING: 500+ Leading academics and climate experts sign new open letter calling on US &UK universities to ban all fossil fuel industry funding for climate change, environmental and energy policy research!
More at https://t.co/0BANnmylcR 📝— Fossil Free Research (@FosFreeResearch) March 21, 2022
So heartening! #Divestment shows its power in South Africa — where divestment showed its power against apartheid decades ago. https://t.co/PopLeC3VLA
— 350Vermont (@350Vermont) March 21, 2022
March 17
#Chicago: A #divestment ordinance has a good chance of passing the city council. It would require the city to divest from many fossil fuel companies. Call or email your alderman and tweet to @ChiTreasurer in support. To find your alderman, google "find my alderman." pic.twitter.com/wTwp0XprWC
— Etelka Lehoczky (@EtelkaL) March 17, 2022
March 16
None of the major #FossilFuel companies are Paris-compliant, including #TotalEnergies, who the @churchofengland’s @tp_initiative claim are on a pathway to align with 1.5°C in 2050 – a conclusion described as ‘misleading’ & ‘dangerous’ by @ReclaimFinance. https://t.co/1Uq2db91Cw
— Operation Noah (@OperationNoah) March 16, 2022
March 15
The fossil fuel #divestment movement keeps growing, but the healthcare sector has so far refrained from large-scale divestment.
A coalition of health professionals is changing that.#FirstDoNoHarm #ClimateSafePensions #PensionsForPeople @ClimatePensionshttps://t.co/9uQkeq4Wde
— Stand.earth (@standearth) March 15, 2022
March 10
News: Girton College commits to full divestment from fossil fuel investments
Read more online⬇️ https://t.co/RWdqhB05X6
— Girton College (@GirtonCollege) March 10, 2022
March 6
#Divestment is not enough. Cambridge University’s careers service must be fossil-free – https://t.co/hnbDuLL89j #BanFossilRecruitment #FossilFuelStigma
— Aryt Alasti (@AAlasti) March 6, 2022
March 4
🚨 BREAKING: More than 450 organisations from 49 countries have just backed activists from #Ukraine demanding governments "reject and ban any import of fossil fuels from Russia and rapidly phase out all fossil fuels."
Read their demands: https://t.co/sZo18ngNI5
🧵 for more pic.twitter.com/K6CK51lvOb— Fossil Fuel Non-Proliferation Treaty Initiative (@fossiltreaty) March 4, 2022
March 2
"@DivestStanford filed a complaint with the @AGRobBonta alleging that Stanford’s continued investment in the #fossilfuel industry violates California state law. #Divestment is @Stanford’s ethical imperative."@StanfordDaily @SenGonzalez33 @Y_Vs_Ahttps://t.co/4DvoLDi1AB
— Sierra Club CA Zero Waste Committee (@SCCAZeroWaste) March 2, 2022
March 1
Boom! We flipped the switch. Now come celebrate reaching 1507 institutions with assets over $40.43 Trillion divesting from fossil fuels!
TODAY 12pmEDT/9amPT/5pmGMT
➡️https://t.co/wXx8uhA4mM #ESG #divest pic.twitter.com/ASTvNi5nIT— Richard Brooks ☀️ (@R_BrooksStand) March 1, 2022
Feb 28
Last week, former Archbishop of Canterbury Rowan Williams & 130+ CofE clergy called on the @churchofengland’s Church Commissioners to #divest from #ExxonMobil. https://t.co/puFPsFBqXg
— Operation Noah (@OperationNoah) February 28, 2022
Our Universities’ Investments in Fossil Fuels Are Unethical — and Illegal – https://t.co/BnOcsdaSyw #Divestment #Divest #FiduciaryResponsibility
— Aryt Alasti (@AAlasti) February 28, 2022
Feb 17
How fossil fuel investments are illegal for universities and other non-profit institutions.
The Fossil Free 5 legal complaints, explained.
THREAD 👇👇👇
— FossilFree5 (@FossilFree5) February 17, 2022
Feb 16
The €278bn fund for health workers will divest from any fossil fuel company by 2024 that doesn’t have a convincing & verifiable climate strategy. Meanwhile @HOOPPnow has no #netzero target & no plan to exclude investments in #fossilfuels. #onpoli #cdnpolihttps://t.co/MBT2BGT6tm
— Shift Action for Pension Wealth and Planet Health (@ActionShift) February 16, 2022
BREAKING: Student divestment campaigns at Yale, Vanderbilt, Princeton, MIT, and Stanford file legal complaints with state Attorneys General, claiming that investing in fossil fuels violates the UPMIFA. Read more @washingtonpost. https://t.co/rQyphGIigM
— FossilFree5 (@FossilFree5) February 16, 2022
Feb 13
#Divestment success! And it's the 1,505th!
Danish pension scheme #AkademikerPension decides to sell fossil fuel bonds. They're withdrawing 300mn € from oil & gas polluters. Climate criminals like #Exxon & #Equinor lost yet another investor. Who's next? https://t.co/5i6EUImRrp
— Fossil Free Berlin (@DivestBerlin) February 13, 2022
Most Pension Funds Opt to #Divest All Fossil Fuels: BNEF [Bloomberg New Energy Finance] Chart – https://t.co/DD5ltNDlzx #Divestment
— Aryt Alasti (@AAlasti) February 13, 2022
Feb 9
Breaking: New York State does it again, this time divesting from 21 fracking companies valued at over $238 million, making this the largest divestment move by the pension ever.
Companies include @Chesapeake @HessCorporation @PioneerEnergy @RossKerber https://t.co/FNminmhB1p
— Richard Brooks ☀️ (@R_BrooksStand) February 9, 2022
Thread: Today we’re proud to announce The Fossil Free Banking Alliance https://t.co/qC0SLq9hUv pic.twitter.com/jdX2M8Uxeo
— Bank.Green (@BankGreen_) February 9, 2022
Feb 7
East Sussex Pension Fund holds Brighton & Hove's pensions, where Councillors have backed a fresh request to end pension investments in fossil fuels.
The motion also called for the council to support the call for a “fossil fuel non-proliferation treaty”. https://t.co/wSD3ClipEq— Mark Campanale (@CampanaleMark) February 7, 2022
Feb 4
BREAKING: Brilliant letter from @YCCNetwork in @ChurchTimes:
'The Archbishop of Canterbury…said that @churchofengland…would “disinvest immediately” from any companies that did not meet its milestones. That has not been the case with #ExxonMobil.'https://t.co/o9fQcp23ba 🧵 pic.twitter.com/ZLpvDVeXR8
— Operation Noah (@OperationNoah) February 4, 2022
Feb 2
1/ BREAKING: Fossil Fuel Divest Harvard has signed @xr_cambridge’s open letter to @Cambridge_Uni calling on the university to show true climate leadership by cutting ties with oilfield services giant Schlumberger.
➡️ https://t.co/7im9E6Mouf#SchlumbergerOut #ExposeSchlumberger
— Fossil Fuel Divest Harvard 🔶 (@DivestHarvard) February 2, 2022
Jan 29
Philippine Catholic church to divest from fossil fuels by 2025 – https://t.co/kaWg24Nrse #Divestment #Divest #DefundFossilFuels
— Aryt Alasti (@AAlasti) January 29, 2022
Jan 28
🗣️ "We've set ourselves a huge challenge around being net zero by 2030"
Vice-Chancellor Steve West (@VCUWE) speaks about our pledge to divest from fossil fuel extractor companies by 2030.@peopleandplanet @TheSUatUWE
More: https://t.co/LXD7BUvBEu pic.twitter.com/hZXo3y2oWJ
— UWE Bristol (@UWEBristol) January 28, 2022
Many thanks to CBS for covering the @Third_Act_Org bank pledge this morning–and to our colleagues at @bank_fwd https://t.co/2UXYKV0FhB
— Bill McKibben (@billmckibben) January 28, 2022
Jan 24
UK’s biggest private pension fund [Universities Superannuation Scheme] to shift £5bn away from polluters…
"…will ensure that portfolio carbon emissions fall by 7% every year thereafter." This takes into account scope 3 emissions. #sustainablefinance https://t.co/obJ59l6mv8
— Puninda (@puninda) January 24, 2022
Jan 20
East Sussex Pension Fund says farewell to fossils with Osmosis global equity mandatehttps://t.co/VUtwGcF4SI
— IPE.com News (@IPEnews) January 20, 2022
Jan 19
Up in Reuters: https://t.co/HWEetYAkvY
— Jamie Henn (@jamieclimate) January 19, 2022
Jan 7
NEW: Desmond Tutu, "Nobel Peace Prize-winning bishop, human rights champion & – who knew? – #climate activist. In his later years South Africa’s anti-apartheid crusader wielded his power & experience to promote #fossilfuel #divestment" by @blairpalese.https://t.co/ZOQmUzeIT6 pic.twitter.com/anR67t8n4X
— Climate & Capital Media (@ClimateandCap) January 7, 2022