News
This is the news home of Fossil Free SA, the campaign for fossil fuel divestment and sustainable reinvestment. Below you’ll find our latest newsletters (hosted on Substack) and blog posts.
Our latest newsletters on Substack
Our latest blog posts
State of fossil fuel divestment in South Africa: Fossil Free SA survey shows UCT and Anglican Church of SA lead on fossil fuel divestment progress
As new evidence emerges internationally to show the efficacy of fossil fuel divestment for accelerating the global struggle to limit climate breakdown, Fossil Free SA has released its first report surveying SA institutions attempting to divest.
Sasol: Industrial-scale greenwash
Sasol recently set new targets for greenhouse gas emissions reductions, particularly, a 30% reduction by 2030 and "net zero" by 2050.
UCT's responsible investment panel (UPRI) recommends divestment
After eight long years of trying to persuade UCT to stop investments in fossil fuels, the University of Cape Town’s Panel on Responsible Investment (UPRI) has now published its recommendation on divestment – which is, that UCT should divest from all fossil fuel investments by 2030!
Call on UCT to Divest from Fossil Fuels: Submit your Response to UCT's Responsible Investment Panel
After years of putting pressure on the University of Cape Town to divest from climate-breaking fossil fuels, the university has at last formally launched its responsible investment panel (the University Panel on Responsible Investment, or UPRI) and approved a Responsible and Sustainable Investment Policy! The UPRI now has a formal website, here.
#InvestFossilFree: Joint letter-writing campaign to SA's biggest asset managers
Our latest campaign is calling on SA’s leading asset managers to create truly fossil fuel-free SA investment funds.
UCT campaign updates
Letters to the new Council in support of divestment have now been sent by:
two groups of UCT academics and students, centred on the faculty of Environmental and Geographical Sciences, and Climate Systems Analysis Group (CSAG)
We're (still) calling on UCT to divest
UCT's Convocation, the body comprising all alumni and academic staff, meets on Thursday 12 December 2019 at Kramer Building Lecture Theatre 1, Middle Campus at 17h00 for 17h30. For the second time, we will be proposing a motion on divestment.
Financing the Future Webinar
Earlier this month in Cape Town, Financing the Future brought together over 300 leaders from 44 countries focusing on the intersection of climate justice, finance, energy access and social justice.
'The future of finance must be clean' - historic Cape Town summit closes
Huge momentum on divesting from fossil fuels as unprecedented faith based commitments join a strong statement against shareholder engagement strategies
Climate-Proofing Retirement Funds: first thoughts
We held our first-ever 'Climate-Proofing Retirement Funds' events in Cape Town and Johannesburg this week, focused on asset owners, particularly retirement fund boards.
Mission-aligned Investment Seminar
You are invited to a Mission-Aligned Investing Seminar for South African leaders in philanthropy, faith, education and city governance.
Climate-Proofing South African Retirement Funds (Twin events)
The early effects of global climate breakdown, from the devastating Northern Cape drought to Cyclone Idai, are hitting South Africa.
Global Climate Divest-Invest Summit comes to Cape Town
The Global Climate Divest-Invest Summit is coming to Cape Town in September 2019!
World's biggest sovereign wealth fund ditching $13 bn of fossil fuels, remains invested in planetary death machines
The Norwegian Government Pension Fund Global, which is part of the world's largest sovereign wealth fund managing $tn in assets, has dropped $13 billion in fossil fuel investments, the largest single divestment to date.
How SA's top asset managers have responded so far to our call for fossil-fuel free funds
As you know, our biggest petition and campaign calls on SA's top asset managers to give you the option of not investing in planet-killing companies like Sasol.
Our petition campaign ads are in Business Day today – and we're inviting you to our campaign closing event
Today was a big milestone for us, as we took out ads on p. 1 and p. 3 of Business Day, marking the achievement of over 2,000 signatures on our petition calling for SA's top asset managers and owners to give savers ways to invest for the climate-friendly, fossil fuel-free future we want.
Robert Armstrong: A South African fossil fuel divestment story
I work in the natural & organic retail industry, where we promote and offer products we believe lead to a healthy lifestyle.
Spotlight 25 July: Bishop Geoff Davies is calling for a secure, fossil fuel-free future in SA
To promote our Amandla.mobi petition calling on South African asset managers to support fossil fuel-free funds, we've launched a social media campaign
New research on the financial impacts of fossil fuel divestment
Our partners in 350 have shared some recent research on the financial impacts of fossil fuel divestment with us (thesis PDF,thesis summary PPT).