NCVO - Fuelling Positive Change
Fuelling positive change:
NCVO launches campaign to encourage charities to consider divestment.
NCVO today launches a sector-wide campaign encouraging charities to think about divesting from fossil fuels.
Fuelling Positive Change calls on charities to consider moving investments away from businesses involved in the extraction,
production, transportation, refining and marketing of fossil fuels.
Examples of these are coal, tar sands, oil and gas.
Fossil fuels are the largest contributor to climate change, accounting for over 75% of global greenhouse gas emissions and nearly
90% of all carbon dioxide emissions.
The aim of the campaign is to encourage charities to join in sending a powerful message that fossil fuels are unsustainable and
could harm our people, our places, and see the widening of inequalities in communities around the world.
The campaign will also highlight the financial and reputational risks of investing in fossil fuels.
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