Posts by Sandy Emerson

Big Investors Challenge Banks to Disclose Climate Risk

UK responsible investment non-profit ShareAction and US-based Boston Common Asset Management have organized a letter campaign from 100 investors with combined assets of nearly 2 trillion dollars that asks 62 of the world’s largest banks to disclose financial climate risk. Targeted banks include JP Morgan Chase, Citibank, US Bank, Wells Fargo and other megabanks.

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August 9: Ask SF Retirement Board to Divest from Fossil Fuels

It’s confirmed! On August 9, after four long years the SF Retirement Board (SFERS) will vote up or down on full divestment of all $475 million of its fossil fuels holdings. Can you join us at the board meeting? We need to fill the chamber with divestment advocates! SFERS Divestment vote: August 9, 2:30 pm, 1145…

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CalSTRS Divests from Non-US Thermal Coal

On June 7, CalSTRS’ powerful Investment Committee unanimously approved divestment from non-US thermal coal. This completes the divestment process set in motion by SB 185, and follows last year’s divestment from domestic thermal coal.

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Move Your Money: How to Break Up with Your Bank

Move Your Money

Fossil Free California’s recent “Move Your Money” seminar drew a good crowd of people looking to break up with their big banks and move their checking, savings, and credit cards to a socially responsible bank or credit union.  Over the last year, “DefundDAPL” and related projects have inspired people to move more than $81 million…

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SB 560 Passed by Key CA Senate Committee

After weeks of negotiations, FFCA’s bill (SB 560) defining “financial climate risk”, was passed on its second hearing by the CA Senate PER Committee. The bill’s authors are now seeking co-sponsors as the bill moves toward the Appropriations Committee.

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