August: Five representatives of the UCT Retirement Fund attend our workshop on ‘Climate-Proofing Retirement Funds’. (Note: most of our UCT campaign has been focused on the university endowment; the RF is an independent and separate fund.)
May: UCT finance director Ashley Francis advises us that the University Panel on Responsible Investment has commenced its work, but is meeting only quarterly and unlikely to make any substantive recommendations before 2020. Fossil Free SA refers information on a proposed fossil free fund to UCT, which UCT asks asset consultants Towers Watson to screen.
5 November: Fossil Free UCT met with UCT’s new vice chancellor, Professor Mamokgethi Phakeng. Prof Phakeng indicated that the university has in essence accepted the principle of divestment, though it has yet to implement it.
3 September: Representatives of Fossil Free UCT offered oral testimony to the UCT IRTC, building on our written submission.
3 September: First meeting with representatives of the UCT Pension Fund (which is administered independently of UCT).
15 August: Lunchtime panel discussion on climate change, renewable energy and fossil fuel divestment in Molly Blackburn Hall.
14 August: Green Campus Initiative/Fossil Free UCT documentary screening on campus.
25 June: The Fossil Free UCT campaign, including the Green Campus Initiative and Climate Action Project, submit testimony on why UCT should divest to the Institutional Reconciliation and Transformation Commission.
June: The University Panel for Responsible Investment meets for the first time, with plans to meet again in August and November.
January: UCT begins the process of appointing a university panel on responsible investment.
24 June: The UCT Council approves a responsible investment policy that creates the framework for formal institutional consideration of issues such as divestment.
15 May: UCT divestment think tank meeting co-hosted by UCT vice chancellor Dr Max Price, Pro Vice Chancellor for Climate Change Mark New and the Climate Action Project.
8-12 May: Students from the UCT Green Campus Initiative and Climate Action Project gather another 300 signatures in favour of UCT divesting during Global Divestment Mobilisation activities.
23 March: Fossil Free SA spoke at a UCT lunch-time seminar on divestment hosted by the Minerals to Metals research group in the faculty of chemical engineering.
2 March: UCT’s Convocation, the gathering of all alumni and faculty, votes overwhelmingly in support of UCT divesting from oil, gas and coal.
15 December: We propose a motion for UCT to divest at the annual meeting of Convocation (academics and alumni). The motion would not be binding, but would carry moral weight. The meeting of Convocation, however, is interrupted by the convergent strains of other tensions on campus, and is adjourned before our motion is considered. Convocation should be reconvened on 28 February, when we expect our motion to be considered again.
21 November: Three letters and petitions calling for UCT to divest were handed over to Vice Chancellor Dr Max Price in person by student members of the Climate Action Project and Green Campus Initiative.
Sept: Three UCT students attend a 350.org national student workshop on fossil fuel divestment in Johannesburg.
18 May: Fossil Free UCT attends the first 2016 meeting of the UCT Ethical Investment Task Team, which met to discuss a draft proposal for establishing a responsible investing framework for the university.
17 May: With the African Climate Development Initiative and Climate Action Project, we hold a seminar on UCT and fossil fuel divestment.
18 August: Fossil Free UCT participates in a meeting of the university’s ethical investment task team.
30 July 2015: Masters students in the African Climate Development Initiative at UCT, with the ‘strong support’ of the Department of Environmental and Geographical Sciences, write to the university urging divestment.
12 May: Fossil Free UCT facilitates a meeting between May Boeve of 350.org, UCT Vice Chancellor Dr Max Price and member of the UCT investment task team.
11 May: Fossil Free UCT, with the Green Campus Initiative, hosts a talk by May Boeve, executive director of 350.org.
21 April: Fossil Free UCT supported a Divestment Dinner convened by students in the Department of Environmental and Geographical Sciences.
17 February: Fossil Free UCT meets with UCT Vice Chancellor Dr Max Price and colleagues. The VC informs us that our efforts initiated a process that has led to Council deciding to adopt an ethical investment strategy and to consider the issue of fossil fuel divestment. We are invited to join the task team that will be investigating the mechanics of ethical investment/divestment.
13 February: As part of international divestment day, Fossil Free UCT conducts small demonstrations at several locations on the UCT campus.
13 January: We receive news that the UCT Council has proposed an advisory committee to be established to advise on fossil fuel divestment and other ethical investment issues.
8 December: More than two months after writing to the administration, our requests for information from the university have so far been ignored.
5 November: UCT’s Joint Investment Committee meets. Fossil Free UCT has received no response to our letter of 30 September. We write again to UCT Council members, asking that the issue be considered, and circulate a detailed rationale for fossil fuel divestment.
7 October: 2nd lunchtime screening of Do the Math to 10 people.
1 October: The UCT Collective hosts a lunchtime forum to discuss fossil fuel divestment attended by around 30 people.
30 September: Second letter to UCT administration – requesting information about UCT’s investments and proposing expert engagement on the subject of divestment – is sent to Vice-Chancellor Dr Max Price. Lunchtime screening of the 350.org documentary, Do the Math, is attended by 20 people.
23 September: UCT Chancellor Graça Machel, speaking in a closing speech at the UN Climate Summit in New York, says: “You must have the courage to tell business that it is not only about the profits but about our collective survival and wellbeing.”
30 July: UCT campaign launch is attended by over 100 people.
18 July: Archbishop Desmond Tutu endorses our campaign for divestment at UCT.
5 July: Presentation on our campaign to the World Student Environment Network 2014 summit.
20 June: Presentation on our campaign at the Student Energy Summit 2014 at the Cape Peninsula University of Technology.
29 April: An oped calling for divestment is published in the student newspaper VARSITY.
10 April: Archbishop Emeritus Desmond Tutu calls for a worldwide boycott of fossil fuel companies.
7 March: Fossil Free UCT meets with UCT finance director Enrico Uliana and financial accounting director Peter Grant.
5 November: Nine UCT faculty, staff, students and alumni write to UCT asking for information on its current fossil fuel investments, and suggesting divestment.