A practical guide: How non-profits (and schools, universities, churches, foundations) can multiply their effectiveness with responsible investment strategies that address climate change

We've just published an article on the Daily Maverick explaining how non-profits can multiply their impacts by ensuring that they are not directly or indirectly (via funders) invested in companies making unduly large contributions to environmental and social damage, especially climate breakdown. But how do you actually do this? Here's a practical guide to action. …

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. Read the full story at the Guardian.  The fund will also move to begin investing directly in so-called 'unlisted infrastructure', renewable …

Climate change resolution voted down at Standard Bank AGM

By LISA STEYNOriginally published on Business Live on 30 May 2019 Only 38% of shareholders were in favour of the resolution for the bank to disclose its exposure to climate change risk The first climate risk-related resolution tabled at Standard Bank’s AGM on Thursday failed to pass when 61% of shareholders voted against it. If …

How to influence this week’s vote by Standard Bank shareholders asking for better disclosure of climate-related risk

Even Eskom's outgoing CEO, Phakamani Hadebe, has observed that “every year, fewer investors are willing to fund fossil fuel”. Apparently, banks haven't got the memo. Our partners at Just Share, with the Raith Foundation and noted shareholder activist Theo Botha, have been leading shareholder activism in relation to Standard Bank. The bank's Notice of Annual General …

Use these letters to ask your retirement fund or asset manager to divest from fossil fuels

Challenge your financial services provider by asking them for alternatives! Remember, there’s no need to be defensive about this request. If they have put your money in fossil fuels with absolute returns on their bottom line, they are arguably neglecting their duties, as investments without fossil fuels in fact often outperform funds that include fossil fuels, and fossil …

WATCH: “Investing in the Environment” – an eNCA interview with FFSA co-ordinator David Le Page

https://www.youtube.com/watch?v=VLZdGRrxyA4 Fossil Free South Africa co-ordinator David Le Page, was invited to be interviewed on news channel eNCA to discuss fossil fuel divestment in South Africa. "What we ask as a first step when it comes to divestment is for companies to withdraw investments in the top 200 publicly listed oil, gas and coal companies …

Divest Fest – 11 May 2019 – A Fossil Free South Africa community update with our guest speaker, environmental scientist Samantha Keen. (A Summary)

A Summary of our May Divest Fest written by Fossil Free SA Volunteer Andrew Park: On Saturday 11 May, Fossil Free South Africa hosted our latest Divest Fest at UCT, featuring environmental scientist Samantha Keen as guest speaker on the costs of air pollution to people and the economy. Our modest but enthusiastic crowd of …