Demand climate-safe investments now: Sign our letters to leading SA asset managers such as Allan Gray, Coronation, Ninety-one (Investec), Old Mutual, Sanlam, Stanlib, and the Public Investment Corp (Government Employees Pension Fund). For the past few years, the big SA asset managers have been telling us their clients aren’t interested in a fund free of climate-breaking fossil fuel companies. Let’s prove them wrong.
We want a stable climate, healthy children, clear air and water, a switch to wind and solar energy, green jobs, stable energy costs and energy independence, honest governance, more land for food and forests, sound investments, fewer wars and quieter cities, all of which are threatened by fossil fuels: oil, gas and coal.
The problem we're trying to fix
Fossil fuel companies, whatever they may say, are mostly still intent on burning all their reserves of coal, gas and oil. If we let them do this, they may make our planet, Mother Earth, unliveable for a very substantial section of humanity, within a few decades. Too many governments and politicians have been corrupted by fossil fuel money. Asset managers and the financial services industry in South Africa have so far refused to change their investment models, effectively propping up the fossil fuel industry. Pension fund trustees are often too intimidated by asset managers and consultants to properly exercise their independence.
Canvassing asset owners and managers
Retirement funds can help build a stronger future for all by divesting from coal, oil and gas companies to help avert climate catastrophe, air and water pollution, and corruption; investing to build the foundations of a sustainable and restorative economy. We are working on canvassing asset managers and owners to help actualise this future while ensuring there is an economy for your capital to live in as climate breakdown advances.
Campaigning for SA universities to divest from fossil fuels
In 2022, the University of Cape Town adopted a landmark commitment to divest from fossil fuels, a decision that followed eight years of campaigning from us and our student partners in the UCT Green Campus Initiative. We are delighted UCT has taken this step, and hope it will now partner with other universities to forge a path for divestment and progressive investment in South Africa. But we’re not stopping with UCT: we’re now supporting early-stage divestment campaigns at Stellenbosch and Wits.