Philanthropy guide demystifies the path away from fossil fuels
This guide is a world first, step-by-step tool for philanthropists who want to transition away from fossil fuels and toward climate solutions.
Includes a range divestment options and a step by step roadmap which will take you from mission alignment and policy development to implementation and reporting. The guide also shows how to bring your key stakeholders along on the journey – whether they be your board, management, staff, investment committee, asset consultants, fund managers or advisers.
Read how early adopter foundations have delivered good returns by lowering their exposure to carbon risk, and discovered along the way that the process can be easier and less costly than anticipated.
- The divestment landscape
- The divestment argument
- How divestment began
- The investment opportunity
- DivestInvest philanthropy commitment
- Guidelines for foundations
The guide includes
- The argument for divestment and investment
- 25 example policy statements from institutions to illustrate the options available
- Two in-depth case studies
- A five step process to work through with your colleagues and stakeholders
- A literature review which distils the most essential and current research available
- A tiered list of Australian fossil fuel companies and their index weightings
- A list of international fossil fuel companies and their rankings
- A list of all foundations worldwide that have pledged to DivestInvest
- A list of all Australian organisations (including foundations) that have pledged to DivestInvest
Divestment gathers speed
Catholic Church starts small but is clearly thinking big on fossil fuel divestment
The Conversation, 20 June 2016
This week’s decision by four Australian Catholic orders to divest fully from fossil fuels can be interpreted as a direct response to the encyclical on the environment, issued by Pope Francis almost exactly a year ago. The announcement is part of the launch of a much wider initiative by the Global Catholic Climate Movement, which aims to encourage Catholics to reconsider their investment options, on both an individual and organisational level.
Pope Francis was very clear in his assessment of the fossil fuel industry. His encyclical warned of the dangers of climate change, arguing that “technology based on the use of highly polluting fossil fuels –
especially coal, but also oil and, to a lesser degree, gas – needs to be progressively replaced without delay.”