Swarthmore College Faculty Resolution on 24 March 2017
WHEREAS we applaud recent actions of the Board of Managers in support of climate sustainability and leadership;
WHEREAS we nonetheless note that the Board of Managers has not adopted the faculty’s resolution of 17 April 2015 that calls for reinvestment of the endowment’s separately managed fossil fuel holdings;
WHEREAS climate disruption continues to advance as foreseen by climate scientists;
WHEREAS the unequal burdens of climate change fall on the most marginalized people on the planet, including indigenous and displaced people and generations to come; and finally
WHEREAS the executive branch of the United States government has become newly vulnerable to unprecedented influence by the fossil fuel industry,
BE IT RESOLVED that the faculty of Swarthmore College hereby reaffirms its call for reinvestment and sends that call to the Board of Managers with urgency and in the hope that we can join the community of similar institutions, whose civic responsibility with regard to climate change matches their investments.
17 April 2015 resolution
Resolved, the faculty requests that the Board of Managers announce divestment from fossil fuel companies appearing on the Carbon Tracker 200* list within the separately managed funds of the College endowment, with reinvestment in energy efficiency and renewables.
* Now the Carbon Underground 200 https://gofossilfree.org/top-200/ (Supporting faculty white paper at http://bit.ly/swatfacdivestpaper) |