Oxford Climate Justice Campaign is the student-led campaign at the University of Oxford founded on the conviction that our educational institution must use its enormous financial and cultural clout for environmental justice in a changing climate. We are part of the fast-growing, international Fossil Free movement, which works to cut support of the fossil fuel industry in major institutions. We ultimately see divestment from fossil fuels as a necessary, politically significant step in the transition to a zero-carbon economy. The IPCC estimated in its October 2018 report that a zero-carbon economy should be reached by 2050.
OCJC is an official campaign of the Oxford University Student Union: building upon student activity during Trinity term 2013, the OUSU Environment and Ethics Campaign has adopted fossil fuel divestment as its main project.
The primary aim of the divestment campaign at Oxford is to remove the fossil fuel industry from the University’s investment portfolio (£2.6 billion of which is managed by Oxford University Endowment Management), and those of its colleges.
We work as a core group and also provide support and resources for associated divestment campaigns at Oxford colleges. As of autumn 2018, there are over 25 college-based campaigns.
We believe that any investment in fossil fuel companies is currently not socially responsible. Additionally, fossil fuel assets are overvalued, potentially threatening part of University’s investment portfolio with devaluation. As a result, we recommend the following:
- A negative screening process (or divestment) should be applied to fossil fuel investments, including those in mutual funds
- A positive screening process (investment) should be applied to “fossil free” investments
- A list of University investments should be published in the interests of transparency and student engagement
For more information on what divestment entails, click here!
The Oxford University Fossil Free campaign meets every Wednesday at 6PM in Meeting Room 1 in the Oxford University Student Union building (4 Worcester Street).
For more information or to get involved, like us on Facebook, message us there, or email firstname.lastname@example.org.