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

Apr 15, 2014
 After a year and a half of campaigning, Pitzer students have won the most comprehensive divestment plan yet. Among many other initiatives, Pitzer has now pledged to: Divest their endowment from fossil fuels by the end of this year Incorporate environmental and social governance factors into their investment decisions Start a Pitzer...
Apr 14, 2014
  There is movement around responsible investment at Middlebury College. In direct response to pressure from students calling on the university to divest it's endowment of the 200 largest fossil fuel companies, Middlebury is making significant investments in ESG funds. In an email this Monday April 7th, President Ron Liebowitz wrote,...
Apr 10, 2014
Written by Julia Ho, student at Washington University Student support doubles overnight As Day Three of the Washington University student sit-in to cut ties with Peabody Energy began this morning, the campaign is growing. Over 40 students slept in tents under the Brookings Archway last night, doubling the number from...

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