Title Slide

Normal Probability Curve

Shifting Distribution of Summer Temperature Anomalies

Historical and Projected Average U.S. Temperaturesfor the Month of July

Historical and Projected Number of Days per YearBreaking 100⁰ Fahrenheit (37.7 degrees Celsius)

→

1960-1979 2090-2099

Divestment & Socially Responsible

Investing

A Way ForwardTo A Better Climate Future

Brief History of Divestment

• Quakers divest from all investmentsin the slave trade in the year 1750

Brief History of Divestment• SRI Campaigns launched against Dow Chemical

and manufacture of Napalm,the use of which heightened opposition

to the Vietnam War

Brief History of Divestment

• South Africa SRI divestment campaignhelps end Apartheid government

Brief History of SRI

• Definition of Socially Responsible Investing:– Investment process that considers social and environmental

consequences of investments, both positive and negative, within the context of rigorous financial analysis.

• Invest in companies that pay attention to Environmental, Social and Corporate Governance (ESG) or the triple bottom line.

• 1995-- $639 billion in SRI

• 2012-- $3.74 trillion in SRI

How Does SRI Perform?

• Goldman Sachs Report: http://www.goldmansachs.com/citizenship/esg-reporting/index.html

– companies that are considered leaders in implementing (ESG) have outperformed the general stock market by 25 per cent since August 2005.

– 72 percent of these companies have outperformed their peers over the same period (Sachs 2007)

• The longest running SRI Index, the FTSE KLD 400 has shown around 11% return on investment since its inception in 1990.

How Does SRI Perform?

Two Strategiesfor Impacting Fossil Fuel Companies

1. Screening and Divesting– Not investing in companies

and their activities that contradict institutional values

2. Shareholder Advocacy– All attempts at advocacy within Fossil Fuel

Companies haven’t come close to changing policies,

at most only gaining 20% of shareholder votes

Divestment

• Divestment campaign launched in 2012 by 350.org

• Bill McKibben: Founder of 350.org.

• Wrote an article called “The Terrifying New Math on Climate Change”

– provided a new frame for the climate change problem

• A 3.6° F rise in global average temp would be catastrophic.

• If the fossil fuel companies burn their proven reserves, they would create 5 times more carbon pollution than what would cause a 4 degree rise in temp.

Divestment • Divest from fossil fuels national campaign

– McKibben suggests endowments freeze all new investment in fossil fuel companies and then make a five year plan to completely divest your institutions endowments from fossil fuels.

• Today: – Over 250 universities with divestment campaigns– Three universities have already announced plans to divest – City of Seattle’s $1.7 billion fund was divested, proving that it can

be done at a large scale. – Overall, 18 Cities and 12 Religious Institutions have divested

so far

Oregon’s Historyof Progressive Leadership

From the Bottle Bill and Land Use Planningto Death With Dignity and Public Beach Access,

Oregon has been a national leaderin progressive issues.

We call on Oregon to lead once againin this pivotal moment.

Presented by

Let’s Put Our MoneyWhere Our Mouth Is

Institutional Commitments and Responsibilities

• Environmental, Social, and Fiscal Responsibilities

• President’s Climate Commitment– carbon neutral by 2050

• Equally weighing environmental, social, and fiscal responsibility into investment decisions

• Our institutions investments are not separate from our institutions

The Solution

Make Your Institution’sInvestments SociallyResponsible.

Start an SRI Conversation!