Fossil Free UWA is a group of students passionate about personal and corporate divestment by the students and staff at UWA.
WHAT: Fossil Free UWA Is part of an international campaign calling on institutions to divest from fossil fuels and reinvest in solutions to climate change. Learn more at gofossilfree.org. Associated Campaigns:
• https://www.facebook.com/FFCurtin
• https://www.facebook.com/FFMurdoch
WHY: UWA has a sizable amount of assets invested either in a managed portfolio or directly in listed and unlisted shares. It is reasonable to expect that a significant fraction of this is currently invested in companies that produce fossil fuels. Through its current investment portfolio, UWA is facilitating and profiting from the continued and expanding extraction and burning of fossil fuels, despite the harm that these practices are known to be causing to many millions of people, species and places worldwide.
HOW: Over past decades, universities have shown vision and leadership through divesting from the South African Apartheid regime, cluster munitions, and tobacco, and increasingly now from fossil fuels. We believe such action on behalf of UWA will contribute to the wellbeing of current and future students who deserve the opportunity to graduate with a future not defined by climate chaos. We also believe such action would be a sound decision for our institution’s financial portfolio, given falling coal and gas prices, rising costs and a high exchange rate all associated with fossil fuel projects, current and prospective. Furthermore, policies which effectively mitigate climate change pose a risk to the value of fossil fuel companies’ assets.
JOIN US: To preserve the quality of life for this and future generations worldwide, we call upon you to join a growing movement of universities and institutions around the world that have committed to preventing a more extreme climate by moving UWA’s investment portfolio beyond fossil fuels.