Kevin Coldrey: A personal South African divestment story

I am an economist by training and worked in the industry for almost a decade before making the decision to change career paths. I am currently furthering my studies, this time focusing on climate change and sustainable development. I hope to use my experience in the corporate sector to drive the change that is needed, …

May workshop for investors and fund managers: ‘Fossil fuel divestment: Fad, necessity or opportunity?’

Summary On 10 May 2017, Fossil Free South Africa convened a workshop for financial services professionals in Cape Town on fossil fuel divestment. The aim of the workshop was to build awareness of climate and carbon risk – and the divest-reinvest movement – amongst financial services professionals, and to catalyse the creation of divested funds …

#KnysnaFires and #Capestorm should make South Africans think twice about their savings/investments in fossil fuel companies

Cape Town, 8 June:– It's difficult to directly link individual extreme weather events like the Cape storm and Knysna fires to climate change. But ever-increasing extreme weather events like these – and the Cape Town drought – are very much what has been predicted by scientists studying climate change. Climate change is caused by global …

UCT’s divestment think tank

This is the summary of the UCT divestment think tank held on 15 May 2017 at Hlanganani Junction, UCT. Fossil fuel divestment in itself is a strong signal that will notify internal and external communities throughout all sectors, of serious engagement with the topic of responsible investment, future development and planning and transformative action. UCT …

Coal, oil and gas investments to be phased out, UCT Convocation votes

https://youtu.be/v56v5HwAHic 2 Mar 2017, Cape Town: On Tuesday 28 February, the Convocation of the University of Cape Town overwhelmingly passed a non-binding motion – read the minutes of the meeting (pdf) – for the university to rid itself of all investments in fossil fuels within five years. Should the university council agree to this motion, it would …

‘No jobs on a dead planet’

Why South African unions should stop investing in fossil fuels and lobby for a just, planned transition to a green economy. Briefing compiled by Fossil Free South Africa, February 2017. Contact: David Le Page, david@fossilfreesa.org.za / +27845220968. PDF version here More jobs: Yes, the fossil fuel industry creates jobs, but it also creates climate change, air …

Petitions for UCT to divest handed over to Vice Chancellor Dr Max Price

On 21 November, students from the UCT Climate Action Project and Green Campus Initiative met with Vice Chancellor Dr Max Price to hand over in person the various letters and petitions calling for UCT to stop investing in climate change. These included: The most recent 2016 Renewed Call for UCT to divest (click if you’d …

Latest newsletter: UCT march planned for 11 Oct, and other news

UCT campaign ongoing, divestment march on campus on Tuesday 11 October Our continuing campaign at UCT has moved the university to develop a draft ethical investment policy. If approved, that policy will create the channels for UCT to consider a commitment to divestment. The university's ethical investment task team meets again this Thursday.  To keep up …