I am part of DIVEST Loyola and the Loyola Association of Students for Sustainability and when we worked together with different on-campus and off-campus organizations to create the first ever Earth Week celebration at Loyola New Orleans this year, I wondered how great it would be if all Jesuit institutions somehow worked together under one sustainable movement to encourage, empower, and educate each other for a greater change among our greater Jesuit community.
Tag Archive for divestment
The word “divestment” is nowhere to be found in the nearly 200 pages of the papal encyclical released Thursday, but by addressing the threat of climate change in such a forceful way, Pope Francis is likely to add momentum to the movement by big institutions to sell holdings tied to fossil-fuel stocks.
Divestment is basically the opposite of investment. When someone divests, they pull their money (stocks, bonds, etc) from corporations or businesses as a sign that they no longer support that entity.
Last night, March 26, representatives from Boston College Fossil Free and the Undergraduate Government of Boston College (UGBC) faced off in a debate on the issue of divestment, an ongoing climate change movement that calls for universities and institutions to pull current investments from fossil free companies and divest from pursuing any future investments.