Extracting Fossil Fuels from Your Portfolio: A Guide to Personal Divestment and Reinvestment
Climate change is one of the most serious threats of our time.
Temperatures are rising, snow and rainfall patterns are shifting, and more extreme climate events — including heavy rainstorms and record high temperatures — are already affecting our communities and natural habitats. Scientists agree that carbon emissions and pollution from burning
fossil fuels like coal and oil are the main cause of climate change. Action needs to be taken immediately to protect ourselves, future generations, and other species. Yet too often we’ve seen elected officials back away from the required steps, often in direct response to lobbying and pressure by the fossil fuel industry.
The fossil fuel divestment campaign provides an immediate and direct action that each of us can take to send a clear message through our retirement plans, individual stock holdings, or other investments. This guide aims to help individuals better understand fossil fuel divestment, provide clear steps to move your money out of coal, oil, and gas companies, and give tips on how to proactively invest in sustainable companies and investment vehicles. We encourage you to use this guide and the resources in the appendix to educate yourself, your family, your friends, or your financial planner on the options to go fossil fuel free.
Thank you for taking the first step.
Matthew W. Patsky, CFA is the CEO of Trillium Asset Management and Leslie Samuelrich is the President of Green
Century Capital Management.
Extracting-Fossil-Fuels Full Report
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