Divest-Invest Global Movement
General
| Name of initiative | DivestInvest |
|---|---|
| LPAA initiative | Yes |
| NAZCA Initiative | Yes |
| Website address | http://divestinvest.org/ |
| Related initiatives | |
| Starting year | 2014 |
| End year | |
| Secretariat | Clara Vondrich, Global Director, Divest-Invest Philanhtropy, clara@divestinvest.org
Tom Harrison, edi@sfct.org.uk |
| Organisational structure | |
| Geographical coverage | Global |
| Name of lead organisation | DivestInvest Global Movement |
| Type of lead organisation | NGO/Civil Society |
| Location/Nationality of lead organisation | United States of America |
Description
| Description | DivestInvest is a diverse, global network of individuals and organizations united in the belief that by using our collective influence as investors to divest from fossil fuels, and invest in climate solutions, we can accelerate the transition to a zero-carbon economy. In this way, we are supporting the agreement made by governments in Paris at COP21 and protecting our own investment returns.
In addition to shifting their own capital, some investors and investment advisers now provide additional support to help others make this important shift. |
|---|---|
| Objectives | First, to accelerate the energy transition and support the delivery of the Paris Agreement by shifting the trillions of dollars away from fossil fuel energy to sustainable energy and other climate solutions. In line with the UN’s analysis, our target is for $12 trillion to be moved by 2040.
Second, to embolden politicians to take stronger action on climate change. |
| Activities | DivestInvest involves investors shifting capital out of fossil fuels and towards climate solutions.
DivestInvest also provides support for new investors to make the shift. Primarily through resources online and peer to peer engagement. |
| One or two success stories achieved |
Monitoring and Impacts
Sustainable Development Impact:
| Function of initiative | Funding, Political dialogue |
|---|---|
| Activity of initiative | Awareness raising and outreach, Fundraising, Policy planning and recommendations |
| Indicators | |
| Goals | In line with the UN’s analysis, our target is for $12 trillion to be moved by 2040. |
| Comments on indicators and goals | |
| How will goals be achieved | |
| Have you changed or strenghtened your goals | |
| Progress towards the goals | As of May 2018, The DivestInvest initiative has seen over 800 organisations, with more than $6 trillion Assets Under management (AUM) commit to shift capital away from fossil fuel companies.
Investors with $1.3 trillion have made explicit committments to invest additional capital into climate solutions. We aspire to track the amount of assets under management by organisations which have committed to DivestInvest; the amount of assets taken out of fossil fuels; and the amount of assets committed to invest in climate change solutions Stakeholders committed: Increase from 50 in 2014 to 852 in 2017. Investors with $1.3 trillion have made explicit committments to invest additional capital into climate solutions. |
| How are you tracking progress of your initiative | We aspire to track the amount of assets under management by organisations which have committed to DivestInvest; the amount of assets taken out of fossil fuels; and the amount of assets committed to invest in climate change solutions |
| Available reporting |
Participants
| Participants | Number | Names | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Members | 465 | |||||||||||||||
| Companies | 13 | SunCommon (USA).
Able Farms (USA),Aestus Inc (USA),Ben & Jerry's (USA),Eighty2degrees LLC (USA),Greenwave Investments (France),Kabi Solar (USA),Larry R. Williams (USA),Projectheureka LLC. -Green-Diversity (USA),SCS Energy Consulting (Australia),Sterns & Walker (USA),SunCommon (USA),Synergie Solaire (France),Tri-US Entertainment (USA). | ||||||||||||||
| Business organisations | 1 | aa | ||||||||||||||
| Research and educational organisations | 1 | Aston University (United Kingdom), Australian Academy of Science (Australia), Australian National University (Australia), Birmingham City University (United Kingdom), Boston University (USA), Bournemouth University (United Kingdom), Brandeis University (USA), Brevard College (USA), Buckinghamshire New University (United Kingdom), California Academy of Sciences (USA), California Institute of the Arts (USA), Cardiff Metropolitan University (United Kingdom), Cardiff University (United Kingdom), Chalmers University of Technology (Sweden), Chico State University (USA) | ||||||||||||||
| Non-governmental organisations | 81 | 350.org (USA), 350.org Australia (Australia), Abramowitz-Silverman Fund (USA), Acacia Inversion (Tanzania), Access Strategies Fund (USA), Africa Europe Faith and Justice Network (Belgium), Afrikind International Foundation Inc (USA), All Hallows Church Leeds (United Kingdom), All Souls Unitarian Universalist Church
(USA) , American Ethical Union (USA), Amnesty International (United Kingdom), Anglia Ruskin (United Kingdom), Anglican Church of Aotearoa (New Zealand), Anglican Church of Southern Africa (South Africa), Anglican Diocese of Auckland (New Zealand), Anglican Diocese of Canberra and Goulburn (Australia), Anglican Diocese of Dunedin (New Zealand), Anglican Diocese of Melbourne (Australia), Anglican Diocese of Montreal (Canada), Anglican Diocese of Perth (Australia), Anglican Diocese of Quebec (Canada), Anglican Diocese of Waiapu (New Zealand), Anglican Diocese of Waikato and Taranaki (New Zealand), Anglican Diocese of Wellington (New Zealand), Anglican Diocese of Ottawa (Canada), Arca Foundation (USA), Archdiocese of Malta (Malta), Archdiocese of Palermo (Italy), Archdiocese of Suva (Fiji), Archdiocese of Vercelli (Italy), Aria Foundation (USA), Arkay Foundation (USA), Artist caring environementally/Artist Against Fracking (Canada), Ashden Trust (United Kingdom), Australasian Performing Right Association (Australia), Australia Institute (Australia), Australian Communities Foundation (Australia), Australian Guild of Screen Composers (Australia), Australian Religious Response to Climate Change (Australia), Bankhaus Schelhammer & Schattera (Austria), Barnegat Monthly Meeting (USA), Bathurst Street United Church (Canada), Ben & Jerry's Foundation (USA), Besen Family Foundation (Australia), Bethel United Church of Christ Waterford Michagan (USA), Betsy and Jesse Fink Foundation (USA), Bewegungsstiftung (Germany), Bioregional (United Kingdom), Blue Planet Foundation (USA), The Blumenthal Foundation (USA), Both ENDS Foundation (Netherlands), Brighthelm Church and Community Centre (United Kingdom), British Medical Association (United Kingdom), The Bullitt Foundation (USA), Bush Hill Park United Reformed Church, Enfield (United Kingdom), Canadian Medical Association (Canada), Canadian Unitarian Council (Canada), Canterbury Christ Church University (United Kingdom), Caritas India (India), Caritas Philippines (Philippines), Caroline & Sigmund Schott Fund (USA), Catherine Donnelly Foundation (Canada), CCFD - Terre Solidaire (France), Center for International Environmental Law (USA), Central Philadelphia Monthly Meeting of the Religious Society of Friends (USA), Chester Quarterly Meeting of the Religious Society of Friends (USA), Chicago Medical Society (USA), Children's Investment Fund Foundation (United Kingdom), Chino Cienega Foundation (USA), Chorus Foundation (USA), Christensen Foundation (USA), College of the Atlantic USA), Compton Foundation (USA), De Anza Community College (USA), The Earth Welfare Foundation (USA), Edward W. Hazen Foundation (USA), Edwards Mother Earth Foundation (USA), Fondation Charles Leopold Mayer (France), Forsythia Foundation (USA), The Foundation of America (USA), Frederick Mulder Foundation (United Kingdom), Garfield Foundation (USA), Goldman Environmental Foundation (USA), Granary Foundation (USA), Green Mountain College (USA), Gunderson Lutheran Health System (USA), Hampshire College (USA), Hanley Foundation (USA), Hidden Leaf Foundation (USA), Hull Family Foundation (USA), The Hunt Foundation (USA), Jessie Smith Noyes Foundation (USA), Jim and Patty Rouse Foundation (USA), John & Marcia Goldman Foundation (USA), John Merck Fund (USA), Joseph Rowntree Charitable Trust (United Kingdom), Jubitz Family Foundation (USA), KL Felicitas (USA), Laird Norton Family Foundation (USA), Leonard and Sophie Davis Fund (USA), Lookout Foundation (USA), lta Community College District (USA), The Lydia B. Stokes Foundation (USA), Madden Sainsbury Foundation (Australia), Madirriny Foundation (USA), McKinnon Family Foundation (USA), Mennen Foundation (USA), Merck Family Fund (USA), Mize Family Foundation (USA), Mullum Trust (Australia), Naropa University (USA), Nia Community Fund (USA), North Star Fund (USA), Pace Foundation (USA), Park Foundation (USA), Pitzer College (USA), Polden-Puckham Charitable Foundation (United Kingdom), Prentice Foundation (USA), Prescott College (USA), Robert Treat Paine Association (USA), Rockefeller Brothers Fund (USA), Ross Knowles Foundation (Australia), Rubblestone Foundation (USA), Russell Family Foundation (USA), Samuel Rubin Foundation (USA), San Francisco State University Foundation (USA), Schmidt Family Foundation (USA), Shugar Foundation (USA), Sierra Club Foundation (USA), Singing Field Foundation (USA), Solidago Foundation (USA), Stanford University (USA), Sterling College (USA), Students’ Society of McGill University (Canada) Switzer Foundation (USA), Tellus Mater Foundation (USA), Trust Africa (Senegal), Unity College University of Dayton (USA), V. Kann Rasmussen Foundation (USA), Wallace Global Fund (USA), The Winslow Foundation (USA). | ||||||||||||||
| National states | 0 | |||||||||||||||
| Governmental actors | 0 | |||||||||||||||
| Regional / state / county actors | 20 | Australian Capital Territory (Australia), Baden-Württemberg (Germany), Ballina Shire Council (Australia), Bass Coast Shire (Australia), Bordeaux Métropole (France), Department de L'essonne (France), Gironde department (France), Ile de France (France), Macedon Ranges Shire Council (Australia), Métropole de Lyon (France), Mount Alexander Shire Council (Australia), Multnomah County (USA), Östergötland Region (Sweden), Regional council Burgundy (France), Regional council of Champagne-Ardennes (France), Regional council of Poitou-Charente (France), Rhone Alpes Region (France), Shire of Goomalling Western Australia (Australia), Urban community of Cherbourg (France), Urban community of Hénin-Carvin (France). | ||||||||||||||
| City / municipal actors | 135 | Aachen (Germany), Aalborg (Denmark), Albury (Australia), Allonnes (France), Ambérieu en Bugey (France), Amherst (USA), Ann Arbor (USA), Armadale (Australia), Ashland (USA), Auckland (New Zealand), Ballarat (Australia), Banyule City Council (Australia), Bassendean (Australia), Bayfield (USA), Belfast (USA), Berkeley (USA), Berlin (Germany), Borås (Sweden), Bordeaux (France), Boulder (USA), Boxtel (Netherlands), Bremen (Germany), Brisbane (USA), Brighton & Hove City Council (United Kingdom), Brisbane (USA), Bristol (United Kingdom), Byron Shire (Australia), Cambridge (USA), Cambridge City Council (United Kingdom), Cape Town (South Africa), Cherbourg (France), Christchurch (New Zealand), City of Sunnyvale (USA), Colombes (France), Concord (USA), Copenhagen (Denmark), Corvallis (USA), Dane County (USA), Dijon (France), Dunedin (New Zealand), East Fremantle (Australia), Eindhoven (Netherlands), Eugene (USA), Fairfax (USA), Lyon First district of the city (France), Framingham (USA), Fredericia (Denmark), Freiburg (Germany), Fremantle (Australia), Fremont (USA), Frouzins (France), Gloucester Shire Council (Australia), Gottingen (Germany), Great Barrington (USA), Hastings Borough Council (United Kingdom), Heidelberg (Germany), Hellemes (France), Inner West council of Sydney (Australia), Ithaca - Town (USA), Kansas City (USA), Kirklees (United Kingdom), La Rochelle - Communauté D'Agglomération Et Ville (France), Le Mans (France), Leichhardt (Australia), Leipzig (Germany), Lewes Town Council (
United Kingdom) , Lille (France), Lismore (Australia), Lorient (France), Madison (USA), Malmö (Sweden), Marrickville (Australia), Melbourne (Australia), Melville (Australia), Minneapolis (USA), Montpellier (France), Montréal (Canada), Montreuil (France), Moreland (Australia), Mountain View (USA), Munster (Germany), New London (USA), Newcastle (Australia), Northampton (USA), Norwich City Council (United Kingdom), Oakland (USA), Odense (Denmark), Orebro (Sweden), Östersund (Sweden), Oxford (United Kingdom), Palmerston North (New Zealand), Palo Alto (USA), Paris (France), Pierrefitte sur Seine (France), Portland (USA), Providence (USA), Provincetown (USA), Randwick City Council (Australia), Ravoire (France), Reading Borough Council (United Kingdom), Rennes (France), Richmond Valley Council (Australia), Richmond (USA), Roskilde (Denmark), Saint Denis (France), Saint Herblain (France), Saint Maur des Fosse (France), San Francisco (USA), San Luis Obispo (USA), Santa Fe (USA), Santa Monica (USA), Seattle (USA), Sheffield City Council (United Kingdom), Sollentuna Municipality (Sweden), State College (USA), Stevns City Council (Denmark), Stirling (Australia), Stockholm (Sweden), Strasbourg (France), Strömstad (Sweden), Stroud District Council (United Kingdom), Stuttgart (Germany), Sudbury (USA), Swan (Australia), Sydney (Australia), Truckee (USA), Truro (USA), Tubmanburg City Coorperation (Liberia), Uppsala (Sweden), Venissieux (France), Vincent (Australia), Wodonga (Australia), Wollongong (Australia). | ||||||||||||||
| Intergovernmental organisations | 1 | aa | ||||||||||||||
| Financial Institutions | 212 | Abracadabra Retirement Fund (Australia), Aegon (Netherlands), AG2R la mondiale (France), Alleycat Super Fund (Australia), Allianz SE (Germany), Alternative Bank Schweiz (Switzerland), Amalgamated Bank (USA), Amanda's Super Fund (Australia), AMP (Australia), Anderson Peters Super Fund (Australia), Anglican National Super (Australia), AP1 (Sweden), AP2 (Sweden), AP4 (Sweden), Arian Super Fund No 2 (Australia), Armstrong Family Superannuation Fund (Australia), ASR Nederland N.V. (Netherlands), Australian Ethical Investment (Australia), Australian Vision Super Fund (Australia), AustralianSuper (Australia), B & G Superannuation Fund (Australia), Bank im Bistum Essen eG (Germany), Bank J. Safra Sarasin AG (Switzerland), Banks Slipper Super Fund (Australia), Barnett Super Wealthy Fund (Australia), Barry Family Super Fund (Australia), Bendigo and Adelaide Bank Limited (Australia), Berliner Ärzteversorgung / Berlin Doctor's Pensionfund (Germany), Berygan Pty Ltd (Australia), Black Betty Super Fund (Australia), Blue Heron Advisory Group of CIBC Wood Gundy (USA), Bonakini Super Fund (Australia), Bondage Super (Australia), Bonnie Mulholland Super Fund (Australia), Booth Super Fund (Australia), Bradbury Superannuation Fund (Australia), Brandenburg (Germany), Brinstones Super (Australia), Caisse des Dépôts (France), California Public Employees' Retirement System - CalPERS (USA), California State Compensation Insurance Fund (USA), California State Teachers' Retirement System (USA), Candriam (Luxembourg), Cardiff Council Pension Fund (United Kingdom), Caroline Lurie Super Fund (Australia), Cecile Dignan Superannuation Fund (Australia), Christine Guinand Super Fund (Australia), Chubb Insurance LTD (USA), Claudia Graham Superannuation Fund (Australia), CNP Assurances (France), CoolHive (USA), CPEG - Caisse de prévoyance de l'État de Genève (Switzerland), CSAA Insurance Group (USA), Dan Mathews Superannuation Fund (Australia), Darwin Superannuation Fund (Australia), Davara Super Fund (Australia), Decco Superannuation Fund (Australia), District of Columbia Retirement Board (USA), Ditton's Super Fund (Australia), Dobra Super Fund (Australia), Douglas Superannuation Fund (Australia), Earth Super Fund (Australia), Efinovia Europe (Luxembourg), Eileen and Terry Lustig Family Superannuation Fund (Australia), El Jayar Enterprises Pty Ltd Employees Provident Fund (Australia), Environment Agency Pension Fund (United Kingdom), Erste Asset Management (Austria), Etherington Family Super Fund (Australia), Figure 8 Investment Strategies (USA), First State Super (Australia), Flame Tree Super Fund (Australia), Flou Flou Super Fund (Australia), Fonds de Réserve pour les Retraites (
France) , Fonds de solidarité FTQ (Canada), French pension reserve fund (France), Freya Hadley Super Fund (Australia), Friends Fiduciary Corporation (USA), Future Super (Australia), Generali Insurance (Italy), Gibson and McGregor Super Fund (Australia), Glow Worm Super Fund (Australia), Good Vibrations Super ( Australia), Goolengook Super Fund (Australia), Government Pension Fund Global (Norway), Gro Superannuation Fund (Australia), Gross and Watts Super Fund (Australia), Groupama (France), Gulf Stream Fuels LLC (USA), H Green Superannuation Fund (Australia), Halcyon Super Fund (Australia), Handelskammer Hamburg - Chamber of Commerce (Germany), Hanley Merchant Super Fund (Australia), Hannover Reinsurance (Germany), Hardys Bay Super Fund (Australia), Haydon Family Super Fun (Australia), Hesse (Germany), HESTA Super Fund (Australia), HG Burkitt Superannuation Fund (Australia), Howqua River Super Fund (Australia), Hromas Super Fund (Australia), Hunter Hall Investment Management (Australia), Ircantec (France), Jacobs Robinson Super Fund (Australia), Jalana Super Fund (Australia), Janet Mayer Super Fund (Australia), Jay'n'ess Super Fund (Australia), Jennie Di Blasi Super Fund (Australia), Just Money Super Fund (Australia), Kadungle Superannuation Fund (Australia), Kaldor Family Super Fund (Australia), Kerr Ratcliffe Super (Australia), KLP (Norway), Kollantai Super Fund (Australia), Koorool Super Fund (Australia), Kuhn's Gold Super (Australia), Lemonade Insurance (USA), Lloyd's of London Insurance Company (United Kingdom), Local Government Super (Australia), London Borough of Hackney Pension Fund (United Kingdom), London Borough of Harringey Pension Fund (United Kingdom), London Borough of Islington Pension Fund (United Kingdom), London Borough of Lambeth Pension Fund (United Kingdom), London Borough of Lewisham Pension Fund (United Kingdom), London Borough of Southwark Pension Fund (United Kingdom), London Borough of Waltham Forest Pension Fund (United Kingdom), London Pension Fund Authority (United Kingdom), Lupoff Friends and Family Interests LLC (USA), M & N West Pension Fund (Australia), Make It So Superannuation Fund (Australia), Malbird Super Fund (Australia), MAPFRE (Spain), Maree Kordonsky Super (Australia), Margaret Jennings Super Fund (Australia), McCrea Family Super Fund (Australia), McKinnon Super Fund (Australia), Medibank (Australia), Medical Assurance Society New Zealand Limited (New Zealand), Millamac Super Fund (Australia), Moomintroll Super Fund (Australia), MP Pension fund (Denmark), Mundi Farm Super Fund (Australia), Munich Re (Germany), Nardoo Super Fund (Australia), Natixis Investment Bank (France), Neranie Super Fund (Australia), Nest Sammelstiftung (Switzerland), Nevada Super Fund (Australia), New York City Employees Retirement System (USA), New Zealand Superannuation Fund (New Zealand), NN Group Insurance (Netherlands), Nordea Bank (Sweden), Oros Superannuation Fund (Australia), Oslo Pensjonsforsikring - City of Oslo pension fund (Norway), PCG Investments (Netherlands), Pegranka Superannuation Fund (Australia), Pensioenfonds Van De Metalektro (Netherlands), Pension Fund Bernische Lehrerversicherungskasse BLVK (Switzerland), Pensionfonds Zorg en Welzijn (Netherlands), Perpetual Ocean Super Fund (Australia), PFA Pension (Denmark), Pi Investments (USA), PKA Pension (Denmark), Polestar Capital (Netherlands), Presse-Versorgung (Germany), Publica (Switzerland), QBE Insurance Group (Australia), Red Rocks Impact GmbH & Co KG (Germany), Rianta Capital (Switzerland), ROS Super Fund (Australia), Ross Knowles Super Fund (Australia), RS Group in Hong Kong (China), Rusbourne Private Superannuation Fund (Australia), Sacagewea L&C LLC (USA), Sarah Stegley Super Fund (Australia), Sarieka Superannuation Fund (Australia), Scor SE (France), ScouseMouse Super Fund (Australia), Shevek Superannuation Fund (Australia), Silvergum Grove Super Fund (Australia), South Yorkshire Pensions Authority (United Kingdom), Steyler Ethik Bank (Germany), Stiftung Abendrot (Switzerland), Storebrand ASA (Norway), SUJAY Superannuation Fund (Australia), Sunshine Superannuation Fund (Australia), Super Three Super Fund (Australia), Susie Edwards Super Fund (Australia), Swiss Re (Switzerland), Taikura Super Fund (Australia), Teachers Retirement System of the City of New York (USA), Temporis Capital (United Kingdom), The H&S Kilgour Superannuation Fund (Australia), The Janet Goss Superfund (Australia), The public Pension Fund of Basel (Switzerland), The Tin Dog Super (Australia), Threshold Group (USA), Trudili Super Fund (Australia), Tweeps Super Fund (Australia), Two Dogs Superannuation Fund (Australia), Twopeas Superannuation Fund (Australia), Unfolding Futures Pty Ltd Superannuation Fund (Australia), UNIQA Insurance (Austria), UniSuper (Australia), Utopia Superannuation Fund (Australia), Varma Mutual Pension Insurance Company (Finland), Village of Cooperstown Pension Fund (USA), Wahcumba Super Fund (Australia), Wattle Blossum Super Fund (Australia), Wermuth Family Office (Germany), Wombat Super (Australia), Zurich Insurance Group (Switzerland). | ||||||||||||||
| Faith based organisations | 0 | |||||||||||||||
| Other members | 1 | See: https://www.divestinvest.org/commitments/ | ||||||||||||||
| Supporting partners | 0 | |||||||||||||||
| Number of members in the years |
| |||||||||||||||
| Have only national states as participators | No | |||||||||||||||
Theme
| Transport | Agriculture | Forestry | Business | Financial institutions | Buildings | Industry | Waste | Cities and subnational governments | Short Term Pollutants | International maritime transport | Energy Supply | Fluorinated gases | Energy efficiency | Renewable energy | Supply chain emission reductions | Adaptation | Other | Resilience | Innovation | Energy Access and Efficiency | Private Finance |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No | No | No | No | Yes | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | Yes |
Last update: 2 August 2022 08:56:26
Not only have national states as participators