Tulane officially committed to divestment today. We forced the board to listen to our demands and they are finally dropping fossil fuels from the endowment. Stay alert while we track their progress to ensure they actually follow through on every promise.
May 26, 2021
Final supporters
New Orleans is in direct danger from the threat of climate change. The fossil fuel industry is accelerating the warming of the planet, but Tulane still invests its $1 billion dollar endowment in coal, oil, and gas. It's immoral to fund our education from the destruction of the city we live in. That's why Sunrise Tulane is asking Tulane to divest its endowment from destruction, and reinvest in rebuilding.
Sunrise Tulane's Demands:
- Divestment
- Immediately freeze all new investments in the largest 200 fossil fuel companies that own oil, natural gas, and coal reserves. http://fossilfreeindexes.com/research/the-carbon-underground/
- Divest within five years from direct ownership and from any commingled funds that include fossil fuel public equities and corporate bonds.
- Reinvestment
- Commit to investing at least 10% of the endowment into impact investments that align with Tulane's mission and create long-term social and environmental value, and advance racial and economic justice.
- Transparency
- Make a list, updated yearly, of all holdings in the endowment and votes cast on proxy resolutions available to the public upon request.
- Give students and faculty a voice in future investment decisions, and hold public forums on Tulane’s investment choices
These demands may be daunting, but it is important to remember that as students, we are the ones paying tuition and we hold a lot more power than some may think.
Updates
April 21, 2021
The administration is still refusing to meet with us but their silence proves they are feeling the pressure. Email the Board of Administrators right now and demand they open their books for public review.
April 21, 2021
We hit a powerful milestone and demonstrated that students are finished with Tulane funding their own climate crisis. Now take this energy to the administration by emailing the Board of Trustees and demanding they review our divestment proposal today.
Reached 100 supporters
April 21, 2021
12 Comments
Living in New Orleans long enough to see the water levels change makes this a no brainer. Tulane needs to get with the program.
Tulane as a billion dollar institution has a huge role to play in the fight against the climate crisis. Divestment now!
CLIMATE CHANGE IS REAL AND WE ARE NEXT. DIVEST NOW.
it makes no sense for the school to talk about sustainability while funding the very stuff causing the problem. divestment is the only way forward.
Cmon Tulane. Stop putting our tuition money into oil and gas. We can do way better than this.
Yo mama lol
wohoo
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Tulane officially committed to divestment today. We forced the board to listen to our demands and they are finally dropping fossil fuels from the endowment. Stay alert while we track their progress to ensure they actually follow through on every promise.
May 26, 2021
Final supporters
New Orleans is in direct danger from the threat of climate change. The fossil fuel industry is accelerating the warming of the planet, but Tulane still invests its $1 billion dollar endowment in coal, oil, and gas. It's immoral to fund our education from the destruction of the city we live in. That's why Sunrise Tulane is asking Tulane to divest its endowment from destruction, and reinvest in rebuilding.
Sunrise Tulane's Demands:
- Divestment
- Immediately freeze all new investments in the largest 200 fossil fuel companies that own oil, natural gas, and coal reserves. http://fossilfreeindexes.com/research/the-carbon-underground/
- Divest within five years from direct ownership and from any commingled funds that include fossil fuel public equities and corporate bonds.
- Reinvestment
- Commit to investing at least 10% of the endowment into impact investments that align with Tulane's mission and create long-term social and environmental value, and advance racial and economic justice.
- Transparency
- Make a list, updated yearly, of all holdings in the endowment and votes cast on proxy resolutions available to the public upon request.
- Give students and faculty a voice in future investment decisions, and hold public forums on Tulane’s investment choices
These demands may be daunting, but it is important to remember that as students, we are the ones paying tuition and we hold a lot more power than some may think.
Updates
April 21, 2021
The administration is still refusing to meet with us but their silence proves they are feeling the pressure. Email the Board of Administrators right now and demand they open their books for public review.
April 21, 2021
We hit a powerful milestone and demonstrated that students are finished with Tulane funding their own climate crisis. Now take this energy to the administration by emailing the Board of Trustees and demanding they review our divestment proposal today.
Reached 100 supporters
April 21, 2021
12 Comments
Tulane plays a huge role in the future of New Orleans. It's (past) time to divest.
Living in New Orleans long enough to see the water levels change makes this a no brainer. Tulane needs to get with the program.
Tulane as a billion dollar institution has a huge role to play in the fight against the climate crisis. Divestment now!
CLIMATE CHANGE IS REAL AND WE ARE NEXT. DIVEST NOW.
it makes no sense for the school to talk about sustainability while funding the very stuff causing the problem. divestment is the only way forward.
Cmon Tulane. Stop putting our tuition money into oil and gas. We can do way better than this.
Yo mama lol
wohoo
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Tulane plays a huge role in the future of New Orleans. It's (past) time to divest.