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January 22, 2018

On Wednesday, the San Francisco Employees’ Retirement System (SFERS) is holding a special meeting where they are expected to finally vote on whether or not to divest the city’s pension fund from the Carbon 200 within 180 days. While the Retirement Board staff and its economic consultants have both recommended against fossil fuel divestment and …

January 10, 2018

The Associated Press reports that New York City is reengaging the topic of divestment, with the Mayor making a call for the effort and Comptroller Stringer pushing the funds to pursue the costly, ineffective investment strategy over the next four years. Notably, the media reports the Mayor will be standing side by side with controversial …

January 9, 2018

“The notion that we’re going to lead the fight on climate change by making the pension fund sell all their energy stocks to me seems like not the smartest strategy. We prefer to be an investor and we engage with companies. We would lose that leverage if we’re not at the table anymore as an …

January 4, 2018

Nearing the end of a dismal 2017, divestment activists made a last-ditch attempt to change the narrative—promoting a number of empty gestures as “victories” and portraying the divestment movement as growing in momentum.  The scoreboard, however, shows us otherwise. In reality, 2017 was another year of letdowns for divestment—with new rejections emerging from colleges across …

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