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Dear Pope Francis: support Divestment!

At the time of posting, over 80 divestment organisations have signed this letter to Pope Francis! It calls on him to support the divestment movement and to Divest the Vatican, in light of his groundbreaking encyclical on the environment.

Most Holy Father,

We write to you as young people, as constituents of Jesuit institutions, other Catholic, Christian, and religious institutions, and non-religious institutions as people of goodwill, on behalf of an entire generation. We are standing on the precipice of climate catastrophe. Since the release of your encyclical “Laudato Si” in June, we have been inspired by your call for climate justice and the awakening of the Catholic and global community to the systemic causes of the climate crisis.

We have resonated with your criticism of the lack of response from our politicians and leaders in addressing climate change. St. Ignatius of Loyola urged us to see God in all things. Regrettably, many of our leaders are overlooking this important lesson.  It is remarkable how weak international political responses have been. The message that we are getting out to the world through our fossil fuel divestment work echoes your observation that “The failure of global summits on the environment make it plain that our politics are subject to technology and finance. There are too many special interests, and economic interests easily end up trumping the common good and manipulating information so that their own plans will not be affected.” We wholeheartedly agree with your analysis, Holy Father, and we see divestment as a means to strip fossil fuel special interests of their political power, which thus far has helped in blocking meaningful climate legislation to come to fruition. As you have taught, highly polluting fossil fuels must be replaced without delay, and that cannot happen while these interests have control of our political processes.

Additionally, fossil fuel divestment proclaims, as you did at the Second World Meeting of Popular Movements, that “there is an invisible thread joining every one of [the many forms of exclusion and injustice].” You asked: “Can we recognize it? These are not isolated issues. I wonder whether we can see that these destructive realities are part of a system which has become global. Do we realize that that system has imposed the mentality of profit at any price, with no concern for social exclusion or the destruction of nature?”

We answer yes. All around us, we see the frightening consequences of an extractive capitalist economy, colonialism, systemic racism, and other forms of injustice. Divestment as a tactic is pivotal to the climate justice movement in that it forces us to think of issues with intersectionality on a global scale. One can not truly address the climate crisis and environmental injustice issues without dismantling the larger system which allows these things to continue. By calling on our institutions to divest their endowments from fossil fuel companies, and reinvest those funds into renewable technology and into those communities which have been marginalized, we force dialogue on climate change in terms of a global system urgently in need of an overhaul.

Despite the colossal challenges that face our young generation, we have hope in the future and are fighting to secure a world for ourselves in which a just and stable future is possible. We have been inspired and invigorated by your witness to the Gospel, and your calls for real, structural change. We highly anticipate your September visit to the United States and the furthering of the conversation surrounding the changes that we urgently need. During your visit, we ask that you call on our universities, along with other institutions, to divest from fossil fuels. Some of America’s largest Catholic organizations still have millions of dollars invested in heavily polluting fossil fuel companies. Within a few years, this remarkably fast-growing movement has reached some incredible milestones, but unfortunately many of our own educational institutions, which cite Christian values, are ignoring your call for climate justice by refusing to divest. Additionally, we ask that you continue efforts to divest your own “campus,” as The Vatican has an equal responsibility as our universities and institutions to cut ties with the fossil fuel industry. We wholeheartedly believe in the Catholic values of stewardship for the Earth and for oppressed people, and we are offering our institutions the chance to live out these values as well. We are doing all that we can, but we need your help so that together we can take part in the “globalization of hope.”
We thank you again for your love and your leadership, Holy Father.

As young people for a just world,

(Click here to sign on behalf of your group)

Climate Justice at Boston College

Boston College Alumni for Divestment

Fossil Free LMU, Loyola Marymount University

Tufts Climate Action, Tufts University

Saint Mary’s College Sustainability Committee

Swarthmore Mountain Justice

Bowdoin Climate Action

Maine Students for Climate Justice

University of New Hampshire’s Student Environmental Action Coalition

Divest Central Michigan University

Student Environmental Alliance at Central Michigan University

Take Back the Tap at Central Michigan University

Divest Chico State

Fossil Free Caltech (Teachers for a Sustainable Future)

Fossil Free UCLA at University of California, Los Angeles

Fossil Free University of Tasmania, Australia

Fossil Free Monash University, Australia

Fossil Free RMIT, Melbourne, Australia

Boston University Students for a Just and Stable Future

Fossil Free San Francisco State University

Fossil Free MIT, Massachusetts Institute of Technology

DivestNOW! Cornell, Cornell University

Fossil Free NAU, Northern Arizona University

Fossil Free Lesley, Lesley University

Divest Carleton, Carleton College

Southwest Divestment Network, Divestment Student Network

DivestNU, Northeastern University

Fossil Free AppState, Appalachian State University

Fossil Free Reed College Alumni

People and Planet, Fossil Free UK, United Kingdom

Go Fossil Free Washington State University

Colorado College Student Divestment Committee

Go Fossil Free Ball State

Divest Barnard from Fossil Fuels

Divest Dartmouth, Dartmouth College

Fossil Free Lakehead, Lakehead University

Divest University of Washington

Fossil Free ND, University of Notre Dame

Fossil Free Warwick University, UK

Pacific University: Go Fossil Free

Fossil Free Cal, UC Berkeley

Fossil Free UC, University of California

DivestPBurgh, State University of New York at Plattsburgh

Go Fossil Free SBCC, Santa Barbara City College, California

Divest DU, University of Denver, Colorado

Green Jays at Creighton University

Fossil Free NU, Northwestern University

Columbia Divest for Climate Justice, Columbia University

Sierra Student Coalition, University of North Carolina at Chapel Hill

Fossil Free UCSC, University of California Santa Cruz

Divest Stonehill, Stonehill College

Stonehill College, Students for Environmental Action

New Progressive Alliance

University of Southern Maine: Go Fossil Free!

Fossil Free Yale

Divest VicSuper, Melbourne, Australia

Divest JC, Juniata College

Go Fossil Free, Penn State

Fossil Free University of Queensland

Divest James Cook University

Divest WNEU, Western New England University

Oxford University Fossil Free, UK

Brandeis Climate Justice

Hamilton Divests, Hamilton College

Fossil Free MU, University of Melbourne

350.org Australia

Fossil Free WashU, Washington University in St. Louis

Fossil Free Griffith University

Divest Tulane

Fossil Free ANU, Australian National University

Operation Noah

Climate Action 350-UW (University of Wisconsin-Madison)

350 Madison Climate Action Team

University of Iowa: Go Fossil Free

Oberlin Students for Divestment

Fossil Free Queensland University of Technology

Clarkson University Sustainable Synergy

Students United for Socioeconomic Justice, University of Texas at San Antonio
University of Illinois at Urbana-Champaign Beyond Coal

Climate Action Society at the University of Virginia

Student Environmental Alliance at Loyola University Chicago

Divest JMU, James Madison University

BREAKING: OXFORD UNIVERSITY REJECTS COALS AND TAR SANDS INVESTMENTS

In a statement just released by University Council, Oxford has committed not to invest in coal and tar sands fuel:

“Council encourages OUem (Oxford Endowment Management) to maintain its rigorous assessment of potential investments across a number of risk criteria, particularly social and environmental impacts, alongside other investment criteria. Council recognises that OUem’s Governance Policy is designed to avoid investment in sectors with the highest environmental and social risks, leading to its present situation of no direct holdings in coal and oil sands companies – one of the key points in the OUSU representation. Council has asked OUem to maintain this position and avoid any future direct investments in coal and oil sands.”

The full statement can be read here: http://www.ox.ac.uk/news-and-events/fossil-fuel-divestment

THE PRESS RELEASE ON THE DECISION CAN BE READ HERE: http://350.org/press-release/oxford-university-takes-a-moral-stand-on-coal-and-tar-sands/

Statements of Solidarity from NYU and the OUSU Campaign for Racial Awareness and Equality

Next year, Oxford’s Vice-Chancellor Andy Hamilton will be leaving to take up the post at NYU. They offered us a statement of solidarity in this crucial stage of negotion:

“NYU Divest stands in solidarity with the Oxford University Student Union in their efforts to see Oxford University divest from fossil fuels. We hope to see Andrew Hamilton, our future president at NYU, come out in support of divestment. We are completely committed to seeing NYU divest from fossil fuels, and if they do not do so before our current president leaves, we will be joining the ranks of countless other divestment campaigns, such as Harvard and Yale, in escalating in order to ensure our university makes the only morally and financially responsible choice. We would like to see Andrew Hamilton take a stance on the issue of climate change. If he leaves Oxford still opposed to divesting from an industry that threatens his students there, he will find strong pressure to divest from his new students in New York City. Climate change will not wait for politics or bureaucracy, and divestment is non-negotiable for us. We will support OUSU in every way we can and expect to see Mr. Hamilton make the right decision both in Oxford and at NYU.”

We’d also like to thank the OUSU Campaign for Racial Awareness and Equality for their fantastic statement of solidarity with our campaign, recognising the nature of climate change as a social justice issue:

“CRAE stands in solidarity with Oxford University Fossil Free and demands that the University of Oxford divest from the fossil fuel industry and shift to positive, ethical investments. It is clear from overwhelming scientific evidence that climate change is set to drastically alter our world in the coming years, and threaten the lives of billions of people. It is also clear that those who are likely to be most impacted by the harmful effects of climate change are those who are already marginalized and oppressed globally, including people of colour. While CRAE’s focus is on combatting institutional racism within Oxford we must also be attentive to the ways in which Oxford contributes to the oppression and destruction of communities of colour globally, and one primary way that occurs is through its continued tacit support of the fossil fuel industry. CRAE demands that the University of Oxford and Vice-Chancellor Andrew Hamilton recognizes the need for divestment and shows a commitment to combatting climate change by divesting fully from the fossil fuel industry.”

It’s Decision Time for Oxford University. Show your Support for Divestment!

Tomorrow (Monday 18th May) Oxford is set to make a decision on divestment! This is our last chance to show our support and demonstrate the need for strong action on the climate crisis!

Tweet at Oxford to show your support!

Click here to Tweet: @UniofOxford It’s decision time. #Divest from climate chaos and invest in our future! #DivestOxford

Or write your own tweet using #DivestOxford!

PRESS RELEASE: OXFORD STUDENTS DIG UP THE SHELL-DONIAN IN FOSSIL FUEL PROTEST

FOR IMMEDIATE RELEASE Saturday 16th May 

OXFORD, UK – Today, Oxford campaigners cordoned off the historic Sheldonian building in central Oxford and started to prospect for oil under the banner “WELCOME TO THE SHELL-DONIAN” to highlight the ongoing investments of the university into the fossil fuel industry. Donned in biohazard suits complete with a giant cardboard oil rig, the stunt highlighted the complicity of the university in fossil fuel extraction just days before the University Council meet to decide whether or not to recommend fossil fuel divestment (Monday 18th May). This has been done in solidarity with the students attending the speaker’s corner in Radcliffe Square, who are also acting to put pressure on the university to divest from fossil fuels.

Quote from student campaigner:

“We’re calling the university out in its hypocrisy; how can they tell others to act on climate change, but continue to profit from it themselves? Today we, the students of the University of Oxford, are showing that we won’t stand for it any longer”

Since the failure of the University to make a decision back in March, the case for divestment has been growing, with the Church of England divesting from Coal and Tar Sands along with 180 global institutions including the University of Glasgow, the University of Bedfordshire and the University of London SOAS.

The Univeristy of Oxford had in 2012 £3.8bn of endowments, making up 41% of the total wealth of UK universities, and following on from previous divestments on arms manufacturing, campaigners are asking the university: to evaluate the carbon risk across their portfolio; to move from high­carbon assets to low­carbon alternatives; to cut direct investments in coal and tar sands oil; and to engage with policy makers, financial regulators and corporate management.

36 common rooms in Oxford have so far given their support to the campaign, as well as over 100 academics and almost 800 alumni (who have also pledged not to donate to the university if it does not divest. In addition, over 65 Oxford alumni have decided to give back their degrees if the university does not divest.

Quote from Sunniva Taylor, an alumna who will give back her degree if the university foes not divest:

“This is not just a question of integrity for me. I want to use the privilege having [an Oxford degree] gives me to try and shake things up; to use my power to draw attention to others’. The University of Oxford still has a lot influence – nationally and globally – and so the choices it makes about where it puts its money really do matter.”

Quote from Jeremy Leggett, solar energy entrepreneur and alumnus:

“I don’t think universities should be training young people to craft a viable civilisation with one hand and bankroll its sabotage with the other.”

CONTACT:

For photos and quotes: Rowan Davis, Rowand017@hotmail.com / rowan.davis@wadh.ox.ac.uk

NOTES TO EDITOR:

  1. People & Planet is Britain’s largest student network campaigning on environmental justice and human rights coordinates the UK university fossil fuel divestment movement. http://peopleandplanet.org/fossil­free
  2. UK universities invest an estimated £5.2 billion annually in the fossil fuel industry (Knowledge and Power, 2013). See a full list of all the institutions that have divested. http://gofossilfree.org/commitments/
  3. Information on the growth of the divestment movement can be found in Measuring the Global Fossil Fuel Divestment Movement (2014) by Arabella Advisors. http://www.arabellaadvisors.com/wp-content/uploads/2014/09/Measuring­the­Global­Divestment­Movement.pdf
  4. More information on the Oxford University campaign so far can be found at their website. http://oxforduniversityfossilfree.wordpress.com
  5. Jeremy Leggett wrote an article in the Guardian on why he will give back his degree: http://www.theguardian.com/environment/2015/mar/16/why-i-pledged-to-give-my-degree-back-if-oxford-voted-to-drop-divestment

OXFORD ALUMNI TO HAND BACK DEGREES FOR DIVESTMENT

On May 18th Oxford University will decide on fossil fuel divestment.
They will decide whether to act on the pressing need to address climate change, whether they will display academic integrity, whether they support the futures of their student body and a stable planet.

After 2 years of campaigning and massive support, many Oxford alumni have decided that they cannot be associated with the University if it should reject divestment demands and continue to tar their degrees with dirty and risky investments.

The weekend after Oxford makes its decision, therefore, Oxford University Fossil Free is hosting a DEGREE HAND-BACK CEREMONY to demonstrate this vote of no confidence from the alumni body.

WHERE?
This event will take place outside University Offices in Wellington Square.
WHEN?
The Ceremony will take place at 1pm, we will then be hosting a celebration for supporters of the campaign until 3pm.
WHAT?
A degree hand-back ceremony, followed by a family-friendly garden party for all the supporters of the Oxford University Fossil Free campaign!

If Oxford divests and the degree hand-back is unnecessary, we will of course still celebrate as planned, probably with more refreshments.

IF YOU ARE AN ALUM AND WOULD LIKE TO PARTICIPATE IN THE HAND-BACK, CLICK THE LINK BELOW:
http://tinyurl.com/handbackdegree

If you can make it to Oxford, your presence would mean a lot. The more people present to hand back their degrees, the more powerful the message of alumni support for divestment and climate action will be.

FOR ALL THE INFORMATION, SEE THE FACEBOOK EVENT: www.facebook.com/events/1571054153149617/


*You will not need to have your actual degree certificate with you, we can provide symbolic alternatives!*

OPEN MEETING! THIS WEEK!

The Oxford University Fossil Free campaign is at a crucial stage.

The University have stalled in their decision on fossil fuel divestment, demonstrating serious complacency towards climate action. However, this also gives us time to organise before they are due to decide in May.

We are planning some BIG events for Trinity term and need your help to do this!

Come along to our open meeting to:
– Find out about divestment and our campaign so far
– Find out about college divestment
– Get involved with planning actions for the upcoming term!

We have built up huge momentum in our campaign so far with national press attention, rallies, speaker events and thousands of supporters. Join us and help translate this pressure into action on climate change from Oxford University!

www.facebook.com/events/1622604811288224/