Fossil Free

Pages tagged Fossil Free

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.

15 May 2017

Barclays Ditch Frackers Third Energy

At the Barclays Annual General Meeting (AGM), the Chairman John McFarlane told shareholders that the bank would be withdrawing their financing of fracking company Third Energy - licensed to frack in Ryedale, North Yorkshire. Barclays owned a 97% controlling stakes in Third Energy. This was a huge victory for the anti-fracking and climate justice movement in the UK, showing the power of organising and building coalitions in our local communities.

17 Aug 2017

University fossil fuel divestment total tips £80 billion globally

UK emerges as campaign’s world leader as nine new institutions announce commitments . Over a third of universities in the UK have made fossil free commitments, as nine new UK universities have committed to never invest in fossil fuel companies. This brings the total to fifty four institutions which have taken action to exclude fossil fuel companies from their investment portfolios.

22 Nov 2016

Over a quarter of UK universities divest from fossil fuels

The number of UK higher education institutions vowing to exclude fossil fuel from investments grew to 43 - a significant milestone as it meant over a quarter of UK universities were now committed to divest from fossil fuels.

8 October 2014

Glasgow becomes first university in Europe to divest from fossil fuels

Glasgow University became the first academic institution in Europe to divest from the fossil fuel industry, in a turning point for the Fossil Free campaign!

After 12 months of campaigning, led by the Glasgow University Climate Action Society and involving over 1,300 students, the university court voted to begin divesting £18m from the fossil fuel industry and freeze new investments across its entire endowment of £128m.

Victory: Sussex University goes Fossil Free!

The University of Sussex has now moved it’s investment fund out of fossil fuels, after four years of Fossil Free Sussex, the student run campaign, lobbying the university to divest.

Sussex University has moved it’s money into Liontrust Sustainable Futures Managed Fund – which excludes any organisation involved in Fossil Fuels.

Fossil fuel divestment is the removal of investment assets including stocks, bonds, and investment funds from companies involved in extracting fossil fuels, in an attempt to reduce climate change by tackling its ultimate causes.

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5 February 2018

University of Edinburgh Divests all Fossil Fuels from £1bn Endowment

University of Edinburgh announced it would move its entire investment portfolio out of the fossil fuel industry over the next three years. The University currently holds £6.3million in fossil fuels companies: Total, Atlas Copco and BG Group. The University’s endowment is the third largest in the UK, behind Cambridge and Oxford, making the decision the largest full divestment of any UK university so far. This came after a long-running student campaign and the University's 2015 decision to divest from coal & tar sands following a 10-day occupation.

New Year's Revolutions for a Fossil Free 2018

2017 was an incredible year for the global fossil free movement! In 2018, together we’re going to take it to the next level.
How about some New Years Revolutions* for transforming the face of global finance by taking the fossil free fight to the banking industry this year?

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Manchester University is lagging behind on Sustainability

As People & Planet’s annual University League is published, the University of Manchester has ranked in the middle of the road in 71st place. This is yet more evidence that the University is lagging behind on sustainability and ignoring its students’ demands for action for the environment.

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