University Council today rejected a hard-line anti-divestment proposed “council” response initially drafted by a small group of financial bureaucrats. This draft response had rejected even the investments in ESG funds proposed by the Divestment Working Group report - which were not even explicitly recommended to be fossil free - described in the draft as ‘virtue-signalling’.
After years of student campaigning, the University of Bath has pledged to fully divest its money from Fossil Fuel companies.
The university currently has fossil fuel investments of half a million pounds including over £100,000 in Shell alone.
After 3 years of campaigning from the People & Planet society, the university has agreed to no longer support the oil and gas industry through financial investments, joining over 60 other UK universities who have committed to divest.
Power Shift, for me, is what Never Neverland is for Wendy, what Narnia is for Peter, Susan, Edmund and Lucy, and what Hogwarts is for Harry: a magical place where dreams really do come true. In my case, those dreams are being part of the global divestment movement, feeling included in something bigger than myself, and broadening my skill set to become an all-round better activist.
Fossil Free University of Bristol have submitted a motion to NUS NAtional Conference 2018 #NUSNC18 calling for a boycott of Barclays and to support the divest barclays campaign
Title: Divest Barclays
Submitted by: Bristol SU
Burning fossil fuels is the primary contributor to climate injustice. However, projected fossil fuel investment in new fields, mines, and transportation infrastructure over the next twenty years is worth $14tn.