In partnership with People & Planet, NUS has developed the Fossil Fuel Declaration. By signing this, universities are affirming their current fossil free status, as well as their commitment to remaining so in the future. You can read the Declaration here - has your university signed it? We'll be announcing those that have, soon.
The >>insert name of institution<< has no investments in extractor fossil fuel companies, such as Royal Dutch Shell and BP, and commits to ensuring that they will be excluded from any future investments we make.
This is because we are committed to safeguarding a liveable climate for all.
In December 2015, 195 countries committed to a legally binding international commitment to keep global warming between 1.5 and 2 degrees � the first deal of its kind.
Universities exist for the public good, from conducting life-changing research to educating the global citizens and leaders of tomorrow, and they are at the forefront of climate change research. As such we think it�s important to not invest in an industry that has 5 times more reserves than it is safe to burn to stay within the parameters of 1.5 and 2 degrees of global warming.
We have students studying with us from across the world, many of whom come from communities in the Global South who are already feeling the effects of and are on the frontlines of climate change. We want to protect the future of all of our students � current and future.
We acknowledge that over a quarter of UK Higher Education institutions have thus far committed to divest from these corporations in some way and we wish to add our voice to this growing movement.
We view this decision as us embracing our role as globally significant entities and reflective of our desire to be a part of the just transition to a low-carbon economy.
We hope that many more of our fellow educational institutions will join us.
To this effect, the university declares that:
- It currently holds no investments in extractor fossil fuel companies.
- It will never invest in these companies.
Signed,
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