Divest Now, UniMelb!
The University claimed it would begin the process of divestment by 2021. It is now 2022, and the University of Melbourne is still invested in fossil fuel corporations like ExxonMobile, Saudi Aramco and Rio Tinto. Via their investment portfolio, the University is blatantly putting profits over people.
Currently, the University of Melbourne is in the final processing of its Sustainability Plan, which will last for the next eight years. It is important the University hears what students require of them before they commit to the next decade of the climate crisis. As your elected Environment Officers, we demand that:
- That the University ceases any new investments in fossil fuels,
- That the University commits to divesting its existing investments from fossil fuels within 5 years, and
- The University instead invests in companies that have committed to mitigating their impact on climate change.
The University must act now. It is abhorrent that in preparing students for their future, they are complicit in the destruction of our future. Sign our petition, and attend the official University contingent to the Global Climate Strike on March 25 at 10:30am to tell the University to stop investing our fees into fossil fuels.
→ Sign the petition here!
→ Save the date for the strike here!