Divestment Day Calls for Withdrawal from Fossil Fuel Investment Products - The Minute

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Divestment Day Calls for Withdrawal from Fossil Fuel Investment Products - The Minute

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#DivestmentDay Calls for Withdrawal from #FossilFuel Investments http://3bl.me/s8dgkg via @3BLMedia #CSRminute
Thursday, February 12, 2015 - 4:30pm

CAMPAIGN: The CSR Minute

CONTENT: Multimedia with summary

Friday and Saturday, February 13th and 14th, are the dates set for Global Divestment Day. Two days are scheduled for the campaign to accommodate the more than 300 different events across six continents that are planned, from petitions delivered to government and financial institution offices on Friday to public marches and rallies on Saturday.

Organizers of the two-day Day are asking individuals to close their accounts with banks and pension funds that invest in fossil fuel companies. They are urging college students to plan flash-mobs, vigils, and sit-ins to request university endowments to divest. Faith leaders are being asked to urge pension funds and communities to divest. And public rallies are planned for financial capitals around the world to call on investment institutions to join the campaign.

By divestment, the campaign means for investors to get rid of stocks, bonds, or funds engaged with fossil fuel production, in response to concerns about climate change. Since 2012, 181 institutions and local governments, and 656 individuals representing over $50 billion in assets have pledged to divest from fossil fuels.

I’m John Howell for 3BL Media.

Video source: Divestment Day Calls for Withdrawal from Fossil Fuel Investment Products

Keywords: 3bl media llc | Sustainable Finance & Socially Responsible Investment | Business Ethics | CSR Minute | Energy | Global Divestment Day

CAMPAIGN: The CSR Minute

CONTENT: Multimedia with summary

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