A Resolution Calling on local chapters of the California Federation of Teachers (CFT) to advocate for CalSTRS Divestment from Fossil Fuels (SAMPLE) Be it resolved that the ________ Local will:
publicly support fossil fuel divestment as an effective strategy to combat the climate crisis that upholds fiduciary responsibilities while advancing climate justice;
use its collective power and resources to strongly urge CalSTRS to immediately stop any new investment in fossil fuel companies and begin the process of complete divestment with a commitment to a defined exit strategy.
Engage our members and the community about labor’s role in advocating for tangible solutions to the climate crisis, including divesting our retirement funds from fossil fuels,
WHEREAS the Climate Psychiatry Alliance states that climate inaction from institutions, teachers, and parents "has multiple traumatic effects on children including demoralization, development of hopelessness and defiance, and experiences of neglect and abuse that are associated with poor long term educational and emotional outcome”;
WHEREAS other unions and associations of California educators have already spoken up for pension fund divestment including the Faculty Association of California Community Colleges (2020), California Faculty Association (2021), as well as local CTA chapters representing more than 40,000 CTA members; WHEREAS the IPCC Special Report on 1.5℃ states that in order to stay close to the goal of 1.5˚C, the rate of global human-caused emissions must decline by about 45% from 2010 levels by 2030;
Chapter President __________________________________________ Date _______________________
Vice-President __________________________________________ Date _______________________