RESPONSIBLE ENDOWMENTS COALITION www.endowmentethics.org


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Maximize your power as a college graduate and donor at your alma mater.

Organize on campus to make your college a more responsible investor!

Maximize your power as a college graduate and donor at your alma mater!

FEATURED CAMPAIGN

 

College students and alumni at over 300 colleges and universities across the United States are demanding universities: 

Stop: Freeze new investments in the fossil fuel industry.

Drop: Divest and implement screens to ensure their portfolios are fossil free within the next 5 years.

Roll: Reinvest 5% of their endowment into community and energy solutions like credit unions and revolving loan funds.

Fossil fuel companies like Chevron, Shell, and Exxon are responsible for thousands of deaths each year. Most directly affected communities that have been fighting these extractive industries for decades have called for support from students. Divestment is a way to take action against these corporations locally, and end the silence around the deadly impacts of fossil fuels. 

Additionally, as supported by the newest IPCC report, the urgency of climate change cannot be overstated. The burning of fossil fuels is the leading contributor to climate change. Divestment and reinvestment not only tackles the root of this problem, but spurs the development of innovative sustainable technologies and enables communities to creatively come up with solutions by investing money directly into community-controlled institutions.

We are asking for 5 percent of the endowment to be reinvested in climate solutions, with 1 percent in community investment and 4 percent in traditional endowment asset classes.  For specific examples of appropriate reinvestment, click here.

Sign up here to let us know you are interested in getting in touch with a REC staff member for support on your fossil fuel divestment and reinvestment campaign. You can also send an email to organize@endowmentethics.org

For more resources on fossil fuel divestment and reinvestment, click here.

 

In addition to being the leading contributor to global climate change, the fossil fuel industry has committed an egregious number of human rights and environmental crimes. For this reason REC, in coalition with the Sierra Student Coalition, Energy Action Coalition, California Student Sustainability Coalition, and 350.org, is joining the student movement calling for universities to divest their holdings from coal and fossil fuels.

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Latest from the blog

May 23, 2014
As we welcome our talented new Executive Director, Marcie Smith, to the Responsible Endowments Coalition this month, we are also sending off an extraordinary colleague. On behalf of the board, I want to recognize Dan Apfel and express our deep gratitude for his leadership and many accomplishments as REC’s Executive...
May 23, 2014
It is with great pleasure that we write you to announce the Responsible Endowments Coalition’s selection of our next executive director, Marcie Smith. Marcie joins our team with a thorough understanding of the systemic challenges REC has spent the past decade working to address -- economic inequality, climate change, and...
May 16, 2014
(Reposted from BWOG: http://bwog.com/2014/05/16/bcds-response-to-acsris-refusal-of-support/) The Advisory Committee on Socially Responsible Investing (ACSRI) said two days ago that the proposal of Barnard Columbia Divest (BCD) for divestment from fossil fuels “did not meet the criteria for divestment.” According to their response (which can be read in full here), ACSRI will not...

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