DIVEST FEST!

On this page, we list a host of ways you can take action now to push South Africa towards a more safe and prosperous future and away from the deadly fossil fuels – coal, oil and gas – that threaten our climate, our health and our savings.

HOW MANY ACTIONS CAN YOU TICK OFF?

1. Quick and easy actions (1–2 minutes)

Please work your way through this list of fast, easy actions.

ACTION: SIGN PETITION: Sign our “We Are Ready to Divest!’ petition: For a safer climate and secure future, tell the biggest SA investment managers – Allan Gray, Coronation, Investec, Old Mutual, Stanlib and the Government Employees Pension Fund – to offer funds divested from coal, gas and oil.

 ACTION: SIGN PETITION: Are you a University of Cape Town student, staff member or alumnus? Sign our petition calling on UCT to divest.

ACTION: SIGN PETITION: Are you a Stellenbosch student, staff member or alumnus? Sign Fossil Free SU’s petition calling on SU to divest.

ACTION: GET NEWS UPDATES: Sign up for the Fossil Free South Africa newsletter to get news and updates on our progress in divesting South Africa and abroad.

FF-logo SA Smallest.jpg

ACTION: DONATE: Become a once-off donor via Snapscan or register as a repeat donor to Fossil Free SA. Even just R20/R50 helps out. (You can read more about our young organisation here.)

2. Online activisms (5-30 minutes)

These actions involve sending messages to SA’s biggest financial services providers via social media or email. The suggested texts are offered as a guide, so do personalise. Be polite but insistent! And please – LET US KNOW how they respond.

Target the Big Five – ALLAN GRAY

Email them at info@allangray.co.za and say:

I’m interested in investing with Allan Gray, but would first like to know:

  1. what Allan Gray has done to assess the full external health, human rights and environmental costs of investments in Sasol and other fossil fuel companies,
  2. how you would assess the threat posed by carbon (stranded assets) and climate risk to MY portfolio,
  3. how you are aligning your investment strategies with the need to limit global warming to 1.5°C, and
  4. when you plan to give the option of investing in a fossil-free or ethical fund?
AllanGray-logo
Target the Big Five – ALLAN GRAY

Got investments with Allan Gray? Email them at info@allangray.co.za and say:

I’m an Allan Gray client, and I want to know:

  1. what Allan Gray has done to assess the full external health, human rights and environmental costs of investments in Sasol and other fossil fuel companies,
  2. how you would assess the threat posed by carbon (stranded assets) and climate risk to MY portfolio,
  3. how you are aligning your investment strategies with the need to limit global warming to 1.5°C, and
  4. when you plan to give us the option of investing in a fossil-free or ethical fund?

Also contact your financial adviser and ask the same questions.

AllanGray-logo
Target the Big Five – CORONATION FUND MANAGERS

If you’re not a Coronation client, you could nonetheless Coronation at clientservice@coronation.co.za and say something like this:

I’m not a Coronation client, but might want to invest with you, and first want to know:

  1. what Coronation has done to assess the full external health, human rights and environmental costs of investments in Sasol and other fossil fuel companies,
  2. how you would assess the threat posed by carbon (stranded assets) and climate risk to MY portfolio,
  3. how you are aligning your investment strategies with the need to limit global warming to 1.5°C, and
  4. whether you plan to give us the option of investing in a fossil-free or ethical fund?
CoronationFMlogo
Target the Big Five – CORONATION FUND MANAGERS

Got investments with Coronation? Email them at clientservice@coronation.co.za and ask:

I’m a Coronation client, and I want to know:

  1. what Coronation has done to assess the full external health, human rights and environmental costs of investments in Sasol and other fossil fuel companies,
  2. how you assess the threat posed by carbon (stranded assets) and climate risk to MY portfolio,
  3. how you are aligning your investment strategies with the need to limit global warming to 1.5°C, and
  4. when you plan to give us the option of investing in a fossil-free or ethical fund?

Also contact your financial adviser and ask the same questions.

CoronationFMlogo
Target the Big Five – INVESTEC

Leave a message on Investec’s Facebook page, or Tweet: @Investec We are Ready to #DivestNow! Give us fossil-free investments for a safer climate & secure future https://goo.gl/t942Nd

Target the Big Five – INVESTEC

If you’re an Investec client, contact them, and say:

I’m an Investec client, and I want to know:

  1. what Investec have done to assess the full external health, human rights and environmental costs of investments in Sasol and other fossil fuel companies,
  2. how you assess the threat posed by carbon (stranded assets) and climate risk to MY portfolio,
  3. how you are aligning your investment strategies with the need to limit global warming to 1.5°C, and
  4. when you plan to give us the option of investing in a fossil-free fund?

Also contact your financial adviser and ask the same questions.

Target the Big Five – OLD MUTUAL

Leave a message on Old Mutual’s Facebook page or Tweet: @OldMutualSA We are Ready to #DivestNow! Give us fossil-free investments for a safer climate & secure future https://ctt.ec/Vcf4o+

Target the Big Five – OLD MUTUAL

If you’re an Old Mutual client, email them and say:

I’m an Old Mutual client, and I want to know:

  1. what you have done to assess the full external health, human rights and environmental costs of investments in Sasol and other fossil fuel companies,
  2. how you assess the threat posed by carbon (stranded assets) and climate risk to MY portfolio,
  3. how you are aligning your investment strategies with the need to limit global warming to 1.5°C, and
  4. when you plan to give us the option of investing in a fossil-free fund?

Also contact your financial adviser and ask the same questions.

Target the Big Five – STANLIB

Leave a message on Stanlib’s Facebook page, or Tweet: @Stanlib We are Ready to #DivestNow! Give us fossil-free investments for a safer climate & secure future https://ctt.ec/Vcf4o+

Stanlib-logo
Target the Big Five – STANLIB

If you’re a Stanlib client, contact them, and say:

I’m a Stanlib client, and I want to know:

  1. what you have done to assess the full external health, human rights and environmental costs of investments in Sasol and other fossil fuel companies,
  2. how you assess the threat posed by carbon (stranded assets) and climate risk to MY portfolio,
  3. how you are aligning your investment strategies with the need to limit global warming to 1.5°C, and
  4. when you plan to give us the option of investing in a fossil-free fund.

Also contact your financial adviser and ask the same questions.

Stanlib-logo
Target the GEPF

If you’re a Government Employees Pension Fund contributor, contact them and say:

I’m a contributor to the GEPF, and I want to know:

  1. what you have done to assess the full external health, human rights and environmental costs of investments in Sasol and other fossil fuel companies,
  2. how you assess the threat posed by carbon (stranded assets) and climate risk to our savings,
  3. how you are aligning your investment strategies with the need to limit global warming to 1.5°C, and
  4. when you plan to give us fossil-free fund options?

3. Learn more about divestment (5–40 minutes)

UCT students working for divestment

READ: This short 2017 article is a recent overview of the divestment movement.

READ: Here’s another summary of the logic of fossil fuel divestment.

READ: Our in-depth Fossil Free SA position paper is here.

WATCH:: Do the Math is a four-year-old documentary about the fossil fuel divestment movement. Still highly relevant and inspiring – watching this doccie inspired the creation of Fossil Free SA.

MORE INFO: Our partners, the Centre for Environmental Rights, have a another great mailing list to sign up to for news on the struggle against the fossil fuel industry.

4. Long-term actions

Feeling unsatisfied? Want to really get your teeth into divestment activism? Here are some ideas that will help our movement grow even deeper roots. And remember – please give us feedback on the responses you get from asset managers and financial service providers.

 

Personal divestment action

Read this account of how one Fossil Free SA supporter, Kevin Coldrey, approached his own personal divestment. How could you apply his experience to your own finances? (Note: FFSA acknowledges that divestment at a personal level in South Africa remains very difficult – hence our big petition!)

Challenge your financial service provider

See the actions above, or go further: We have template letters on our website that you can adapt and use.

Host a divestment dinner

Hold a potluck dinner party, invite friends around, and discuss divestment-reinvestment. Use this Divest-Fest document and this guide as idea starters. Let us know about your dinner, and we can probably attend or support.

Invite a divestment speaker to an event

We’re working hard to spread the divestment message. If you’re hosting an event or conference, and you think your audience would be interested in divestment, invite us to speak.

Deeper divestment leadership

Consider these examples of the kinds of organisations that have divested: universities, cities, charities, churches, unions, NGOs.

Now, take a moment to think about your own finances and connections with the financial services industry. Do you have savings and investments? With what institutions? Are you a student or scholar at a school that has endowed funds (in other words, gets some of its income from investments)? Do you work for a company that has its own pension fund? Are you part of a church or faith group or union or foundation/NGOs that gets income from investments? Are you in a position to speak to, or write to, the people managing these investments to make the argument for fossil fuel divestment? We have template letters on our website that you can adapt and use. And we’re keen to help out, just get in touch.

 

 

THANKS SO MUCH FOR ALL YOUR EFFORTS! We’re doing this work to secure a world with a stable climate, fewer wars, healthy children, clear air and clean water, a switch to wind and solar energy, green jobs, stable energy costs and energy independence, cleaner governance, more land for food and forests, sound investments and quieter cities.

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