Divestment means getting rid of stocks, bonds, or investment funds that are unethical or morally ambiguous. 350.org believes that fossil fuel investments are a risk for both investors and the planet, and is calling on institutions to divest from these companies. 

There are many student-led and alumni-led groups asking their universities and colleges to divest.  Find out if your alma mater has plans or if there is a campus group working towards this goal that you can support.  Start by checking the web sites for 350.org or fossil-free.org

NEWS:  In January 2017, majority vote was passed in the Irish Parliament on first-of-its-kind fossil fuel divestment legislation. Ireland now has the historic opportunity to become the first country in the world to fully divest its sovereign wealth fund from coal, oil and gas.  Read more.  

Several colleges and universities have already voted to divest from direct investments in fossil fuels. The University of Massachusetts, in May 2016, became the first major public university to divest. Others include the University of Maryland, Stanford, University of California, Yale, and Georgetown University.CAB members are currently working with local colleges and universities on divestment:

MIT

This spring MIT’s Climate Change Conversation Committee held a divestment debate <watch here>and conducted a “listening tour” across campus, in the run-up to a report to MIT President Rafael Reif in June.  Information about related activities is readily available:  students <here>, alumni <here> and Multi-School Divestment Coalition <here>.

DivestBU

(http://www.divestbu.org/)

BU is following an orderly, logical, and collegial process, whereby its Advisory Committee on Socially Responsible Investment (ACSRI: 3 students, 3 faculty and 3 Trustees) is studying climate change and fossil fuel divestment in order to make a recommendation to the Board of Trustees, who will decide on whether to divest - probably in 2016.  The ACSRI has met with both faculty and student groups and has sponsored three forums.  Progress has been made; the ACSRI and the administration now recognize that: (1) Fossil fuel divestment will not diminish return on investments, and (2) Climate change is serious and rises to the level of an "unacceptable social harm."  The sticking points are now: (1) Is fossil fuel divestment an effective tactic, and (2) Is divestment a "political statement" that will undermine the academic community's ability to consider diverse viewpoints and undermine freedom of inquiry?  A DivestBU-sponsored fossil fuel divestment student referendum recently passed 75%/25%. 

Harvard

(http://harvardheatweek.org/wrap-up/)

Students, faculty, alumni, and members of the Harvard community came together April 12th —17th to speak out for climate justice, learn from one another, and take principled action.