“[Fossil fuel] divestments are able to create a win-win situation with higher financial returns and lower carbon footprints.”
The activists represented a broad coalition of grassroots organizations that had come to Malvern to stage an intervention over Vanguard’s $300 billion investments in fossil fuels.
The University of Cambridge announced it will "remove all direct and indirect investments in the fossil fuel industry from its £3.5 billion endowment fund by 2030."
It appears it’s just cutting its losses on money-losing endeavors like fracking in America, tar sands oil production in Canada, and frontier exploration by U.K. companies in Africa and South-East Asia.
The call from the Indigenous Women’s Divestment Delegation is for rights and environmental violations to be more thoroughly reflected in the rating scores given to fossil fuel extraction companies.
Divestment debates are forcing colleges and universities to reconsider how to contribute to a more resilient and sustainable future.
While Ireland is making history, many emphasized the need for the rest of the world to follow the Irish's lead.
Despite the overwhelming evidence that pipelines are unreliable and prone to leaks, energy companies continue to treat their bottom line as the only factor when making decisions.