Congratulations to the group of Faculty at the University of Waterloo for calling on the university to divest! You can read the letter here. Like faculty at a number of other universities, they have taken a stand at this critical juncture in the climate crisis. While at some universities […]
University of Waterloo Board considers call for Divestment after Environment Students’ Divestment Vote By Yonatan Strauch @ydstrauch Why divest from fossil fuels? For most students at the University of Waterloo’s Faculty of Environment that question answered itself. When a group of us with Fossil Free UW campaigned to divest the student-funded endowment […]
Shell is asking investors to bet against the possibility of the world taking action on climate change or of renewables displacing fossil fuels, says influential economist Nick Stern in a panel discussion for the Guardian newspaper. “They do not believe the world will be wise enough to follow policies that […]
Analysis of returns over the past 5 years shows that “investors who have dumped holdings in fossil fuel companies have outperformed those that remain invested in coal, oil and gas”. This recent article in the Guardian newspaper highlights analysis by MSCI, the world’s leading stock market index company, which found that “investors who […]
Timothy Nash, who calls himself the Sustainable Economist, demonstrates that owning a fossil free portfolio doesn’t mean sacrificing returns on your investment. In this recent blog, he shows how a diversified portfolio, free from fossil fuels, competes with traditional investments and can actually outperform them. In a related blog, Nash discusses reinvestment options outlined in a new community […]
The lead up to Global Divestment Day is seeing unprecedented progress in the development of Divestment Campaigns across Canadian campuses. On Tuesday, faculty at the University of British Columbia (UBC) voted in favour of divesting completely from fossil fuels within five years! This is not an insignificant gesture. According […]
Climate action was prominent on the agenda of the 2015 World Economic Forum in Davos, Switzerland. Presentations by UN Secretary General Ban Ki-moon, World Bank president Jim Yong Kim, UK climate advisor and economist Lord Stern, and former US Vice-President Al Gore highlighted the significance of action on carbon emissions and […]
Faculty support is essential for moving campus divestment campaigns forward. We have compiled a list of universities that spans Canada, the US, the UK and New Zealand where the faculty have been urging their universities to divest from fossil fuels, in letters to their administration and governing boards. To read […]
Strong financial logic as well as a deep concern for environmental stewardship has led the Catherine Donnelly Foundation to divest. According to this article in the Vancouver Observer, while the Foundation has used an engagement approach in the past, their board determined that a “business as usual” approach is not sustainable. This […]
What do Jean Charest, Preston Manning, Paul Martin and Bob Rae all have in common? They are all members of the advisory board of Canada’s new Ecofiscal Commission . In their inaugural report, Smart, Practical, Possible: Canadian options for greater economic and environmental prosperity, the group said fees and taxes and […]
