Divestment

Controversy over Koch Foundation Funded Center at U Pitt

Koch Foundation gift sparks heated Faculty Assembly meeting. By SUSAN JONES, University Tiimes, Dec. 5, 2019. “The questions and concerns surrounding a $4.2 million gift from the Koch Foundation to start a new center at Pitt’s Graduate School of Public and International Affairs haven’t gone away since the University officially approved the funding in October. (More...)

Damage report Divestment Fossil Fuels Local/Regional News

Next Steps on University of Pittsburgh Divestment Effort

  Patrick Gallagher, Chancellor of the University of Pittsburgh, released a letter in September 2019 outlining the next steps he is asking the Office of the Senior Vice Chancellor and Chief Financial Officer to pursue.  This is a follow-up to the report from the Socially Responsible Investment Committee that Gallagher  formed in response to student (More...)

Divestment Local/Regional News

Big Money Starts to Dump Stocks That Pose Climate Risks

By Kelly Gilblom, Bloomberg, August 7, 2019. After years of meetings and shareholder resolutions, some funds are starting to simply divest from coal and oil stocks. Earlier this year, one of Meryam Omi’s deputies at Legal & General Investment Management sat down with board members and managers from Exxon Mobil Corp. to discuss how the (More...)

Divestment

Pittsburgh’s EQT one of 700 companies targeted for not reporting environmental information

CDP News Release, June 17 2019. Group of 88 investors target over 700 companies for not reporting environmental information June 17, 2019, London: 88 investors with nearly US$10 trillion assets are targeting companies that are not transparent enough about their environmental impact, and pushing them to disclose this information through CDP, the non-profit global environmental (More...)

Divestment Fossil Fuels Local/Regional News

Disobedient art can win the fight against artwashing

Sept. 17, 2018. In this guest blog, Fossil Free Culture NL reflects on their campaign against Shell sponsorship. Disobedient art can win the fight against artwashing!  The proof is right here in black and white. With the flurry of deal dropping announcements in The Netherlands this (baking hot) summer, the question really has been begged: (More...)

Divestment

Push for Fossil Free from New York Mayor De Blasio as NY Divests

Friends, This week, America’s largest city became America’s first major city to set itself on the path to divesting from Big Oil. Yes, we’re talking about New York City. And not only that, we’re suing. We’ve filed a lawsuit against the biggest culprits that got us into the climate crisis: ExxonMobil, BP, Chevron, ConocoPhillips and (More...)

Divestment

NY and NYC DIVEST

New York, NY — Today, after over five years of community campaigning for New York to divest from fossil fuels, City Comptroller Scott Stringer and Governor Andrew Cuomo each released separate proposals to freeze all current fossil fuel investments, divest New York’s public pension funds fossil fuel companies, and reinvest in renewable energy. Together, New York’s pension funds are among (More...)

Divestment