With over 500 organizations worth more than $3.4 trillion pledging, the growth of the Divest-Invest movement in 2015 is without precedent. A new report by Divest-Invest Philanthropy and Europeans for Divest Invest examines the history and and success of this dynamic movement, and provides answers to frequently asked questions about the implications for the institutional investor. Download the report here.
Divest-Invest Philanthropy welcomed its first members in January 2014. Since then, more than 125 foundations are walking the talk, while beating their benchmarks. Hans Joachim Schellnhuber, Papal adviser and director of the Potsdam Institute for Climate Impact Research calls divestment “the most important action that ever happened on climate change." Read the report to learn more.
We are foundations divesting from fossil fuels and switching to clean energy investments, joining college, health, pension funds and religious endowments doing the same. Ethically, our investments shouldn’t contribute to dangerous climate change. Financially, fossil fuel stocks are over-valued as most of their reserves cannot be burned. We can get good, safe returns while helping to build a new energy system.
The Divest Invest Pledge:
(1) Stop investing in climate change by avoiding investments in the top 200 fossil fuel producers here.
(2) Drop coal, oil and gas from your investment portfolio by divesting any equity holdings in the top 200 fossil fuel producers.
(3) Roll a portion of your portfolio -- at least 5 percent -- into climate solutions like clean energy, sustainable agriculture, local business and more.