Divest Invest is calling on investors of every stripe - from sovereign wealth funds to institutional endowments and retirement fund holders - to divest from the fossil fuel industries deepening the climate crisis and invest instead in climate solutions.
The bank leads with divestment of its $4B in commercial bank assets, as legal scholars from US, UK, and Canada advise mission driven organizations and pension funds on fiduciary duty to assess climate risk.
Citing climate risk to clients and the communities it serves, Amalgamated Bank recently committed to divest itself from carbon risks across its own lending and investment holdings, and deepened its investment in an energy transition that builds a just and fair economy for all. Amalgamated Bank is the first U.S. bank to take such a step and sets a new standard among its peers in the financial services industry.
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Divest Invest calls on institutional, family, and individual investors to hold ourselves accountable for the impacts of our investments. We are putting our money where our mouths are to build an equitable and clean future.

In just three short years, the fossil-free movement has grown from its beginnings on a few U.S. college campuses to a global phenomenon that is accelerating our transition to a clean energy future.

The impact of the fossil-free movement is massive and we need your help to keep it growing. Just a few years ago, financial analysts and the fossil fuel industry dismissed divestment as an empty symbol: We would never impact the bottom line of coal, oil and gas companies, they said. Now, Peabody Coal is listing divestment as one of the “material risks” to their business. Your help is especially critical at this moment in time, as world governments approach this December’s COP21 climate change negotiations in Paris.
Divest Invest is recognized by international figures as a gamechanger. UN climate secretary Christiana Figueres, World Bank president Jim Kim, leaders from all faiths and thousands more are active in this movement and are championing its rapid growth.

The Pledge is simple and meaningful. That’s why civil society is using it to demonstrate climate leadership and catalyze bolder action from global policy-makers. Pledge today, whether you are taking your first step or you have already divested.
First, the moral argument for divestment compels us to recognize that it’s wrong to profit from companies destroying the planet. By moving their money, people and institutions help revoke fossil fuel companies’ social license to operate, shining a light on their unsustainable business models.
Second, the financial argument for divestment demonstrates that fossil fuel-free portfolios are regularly matching or outperforming standard benchmarks. People and institutions grounded in market data and trends are getting out of fossil fuels before the carbon bubble bursts and assets are stranded.
Third, by calling for both divest and invest, institutional and individual investors shift capital flows away from problem industries and accelerate the transition to a global economy fueled by sun, wind and water. Divest Invest brings individuals, family offices, and institutions from across civil society to send a clear and compelling mandate to governments, financial professionals and other businesses to shift the power away from fossil fuel companies and make the changes we need for a low carbon future.
The Archbishop’s Call to Action:

