Divestment: in the News!

Check out these stories on the funds, organizations, cities, and states that have chosen to divest from fossil fuels.

If they can divest responsibly, CalSTRS can too!

Comptroller Stringer and Trustees Announce Successful $3 Billion Divestment from Fossil Fuels(New York, NY) — Today, Comptroller Scott M. Stringer and trustees of the New York City Employees’ Retirement System (NYCERS) and the New York City Board of Education Retirement System (BERS) announced the successful divestment of securities related to fossil fuel companies, bringing the total divestment across all funds to...

Revealed: US Public Pension Funds Are 'Quiet Culprits of Climate Chaos'"Public pension funds are the quiet culprits of climate chaos," says Stand.earth's Amy Gray.

How workers unknowingly fund the climate crisis with their pensionsAs fossil fuels become more volatile, pensioners may be exposed to greater risk unless their funds divest

Opinion | This Movement Is Taking Money Away From Fossil Fuels, and It’s WorkingThe divestment campaign has taken much of the shine off what was once the planet’s dominant industry.

Dutch pension giant spurns fossil fuels as funds shift before COP26Dutch pension fund ABP will divest 15 billion euros ($17.5 billion) of investments in fossil fuel producers by 2023, it said on Tuesday, as many of the world's biggest investors set out new climate policies ahead of next week's COP26 summit.

Climate Movement Hails 'Mind-Blowing' $40 Trillion in Fossil Fuel Divestment Pledges"Divestment has helped rub much of the shine off what was once the planet's dominant industry," said 350.org's Bill McKibben. "If money talks, $40 trillion makes a lot of noise."

Harvard University will divest its $42bn endowment from all fossil fuelsUniversity president cites need to decarbonize economy as student campaigners say: ‘Activism works, plain and simple’

NYC pension funds to divest $4 billion from fossil fuelsNEW YORK (AP) — New York City officials announced this week that two pension funds for city workers will pull an estimated $4 billion in investments from fossil fuel companies in order to promote...

City Councilman: Baltimore puts its money where its mouth is, passing bill to divest pension funds from fossil fuels | COMMENTARYWith the mayor’s signature, Baltimore will have joined a global movement to put our money where our mouth is and part ways with the companies doing irreparable harm to our planet and its people.

New York Announces Historic Fossil Fuel Divestment PlanIn a historic move, New York State announced it will divest its $225 billion Common Retirement Fund from fossil fuels—among the largest pension fund divestments ever undertaken in the nation.

Aligning our investments and our valuesThe Ford Foundation shares that its endowment will no longer invest in any fossil-fuel industry.

Loyola to quit fossil fuel investmentsThe Catholic university's public commitment follows years of campus activism and illustrates the growing social influence of climate change in endowment management.

UK's biggest pension fund begins fossil fuels divestmentNational Employment Savings Trust to shun firms involved in coal, tar sands or arctic drilling

Dutch pension fund PME says it has sold fossil fuel investmentsDutch pension fund PME said on Friday it had sold all its investments in fossil fuels over the past several months, the first large Dutch fund to do so.

Maine becomes the first state to pass law to divest from fossil fuelsLegislation directs $17 billion pension fund and state treasury to divest from coal, oil and gas companies by 2026.

USC commits to sustainability with new fossil fuel-free investment strategyThe university will freeze dedicated investments in fossil fuels and liquidate its existing holdings.

From LA to Oslo, 12 cities pledge to divest from fossil fuelTen cities around the world have joined New York and London in committing to divest from fossil fuels companies as part of efforts to combat climate change

UC Is Now Largest University System in US to Divest From Fossil Fuels | KQEDThe university system is the largest educational institution in the country to divest from fossil fuels to date.

Dominican Catholic sisters help create climate-friendly investment funds » Yale Climate ConnectionsThe funds focus on projects that help vulnerable communities around the world.

The Rockefeller Foundation Commits to Divesting from Fossil Fuels - The Rockefeller FoundationNEW YORK | December 18, 2020 – The Rockefeller Foundation announces a commitment to divesting its $5 billion endowment from existing fossil fuel interests

Climate change: UN backs fossil fuel divestment campaignFramework convention on climate change says it shares aim for strong deal on fighting global warming at Paris summit

Ireland becomes world's first country to divest from fossil fuelsBill passed by parliament means more than €300m shares in coal, oil, peat and gas will be sold ‘as soon as practicable’

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