The fossil fuel industry is unequivocally driving us towards a global climate crisis: we will not keep dangerous climate change at bay without halting our extraction of fossil-fuels. People & Planet is calling on universities to move their money from fossil fuel investments to green energy; to stop the greenwash and to support a clean energy future for all.
The actions of Loughborough People & Planet secured meetings with the Vice Chancellor and Chief Operating Officer, and these discussions have been ongoing since the Easter break in order to bring about a binding motion at University council and secure this victory.
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.
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.
Last month university staff up and down the country announced they’re going on strike over pension reforms. Universities UK are trying to take away our lecturers’ right to a defined income when they retire. Our teachers and staff stand to lose up to 40% of their retirement income.