l'UltHBL£: W f FA(EBOOIC.U,MIFOS'SfLFUEe..JELPU f'<1 #VO(J.(j.(>FosistLFtEE As confirmed by the recent Intergovernmental Report on Climate Change (IPCC) report, the last three decades have been the warmest once since 1850 1 • This has caused severe environmental changes including the significant heating of the earth's surfaces and oceans, the shrinkage of polar ice caps, and rising sea levels across the globe. The effects of climate change have disrupted the integrity of various ecosystems, accelerated rates of species extinction and contributed to substantial displacement experienced disproportionately by countries in the Global South, low-income populations, Indigenous peoples, and People of Colour2. The IPCC has further confirmed that a growth in anthropogenic greenhouse gas emissions, driven primarily by the combustion of fossil fuels, is "extremely likely to have been the dominant cause of the observed warming since the mid-20th Century."3 Based on these facts, it is clear that any efforts to mitigate global climate change must be founded in ending dependence on fossil fuels. Climate scientists, environmental organizations and even notable mainstream financial experts, have asserted that the majority of the world's fossil fuel reserves must stay in the ground in order to prevent catastrophic climate change4. By investing its endowment funds in the world's largest fossil fuel companies, the University of Guelph is directly financing and profiting from the growth of the fossil fuel industry, and, in effect, the perpetuation of climate change. This contradicts the University's commitment to undertaking "a leadership role in preparing students and employees to achieve a just and sustainable society ... [and becoming] a model of sustainability, with curriculum and operations reflecting an integrative approach to learning and practice."s 1 IPCC (2014) Climate Change 2014 Synthesis Report. Retreived from http://www.ipcc.ch/pdf/assessment- report/arS/syr/SYR_ARS_LONGERREPORT.pdf 2 Ibid l Ibid p. 4 ' Lee, M., & Ellis, B. (2013). Canada's Carbon Liabilities: The Implications of Stranded Fossil Fuel Assets for Financial Markets and Pension Funds. Retrieved from https://www.policyalternatives.ca/sites/default/files/uploads/publications/National Office%2C BC Office/2013/03/Canadas Carbon Liabilities.pd! s University of Guelph. (2014). Sustainability at the U of G. Retrieved from https://www.uoguelph.ca/sustainability/welcome-sustainability-u-g
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As confirmed by the recent Intergovernmental Report on Climate Change (IPCC) report, the last three decades have been the warmest once since 18501• This has caused severe environmental changes including the significant heating of the earth's surfaces and oceans, the shrinkage of polar ice caps, and rising sea levels across the globe. The effects of climate change have disrupted the integrity of various ecosystems, accelerated rates of species extinction and contributed to substantial displacement experienced disproportionately by countries in the Global South, low-income populations, Indigenous peoples, and People of Colour2. The IPCC has further confirmed that a growth in anthropogenic greenhouse gas emissions, driven primarily by the combustion of fossil fuels, is "extremely likely to have been the dominant cause of the observed warming since the mid-20th Century."3 Based on these facts, it is clear that any efforts to mitigate global climate change must be founded in ending dependence on fossil fuels. Climate scientists, environmental organizations and even notable mainstream financial experts, have asserted that the majority of the world's fossil fuel reserves must stay in the ground in order to prevent catastrophic climate change4.
By investing its endowment funds in the world's largest fossil fuel companies, the University of Guelph is directly financing and profiting from the growth of the fossil fuel industry, and, in effect, the perpetuation of climate change. This contradicts the University's commitment to undertaking "a leadership role in preparing students and employees to achieve a just and sustainable society ... [and becoming] a model of sustainability, with curriculum and operations reflecting an integrative approach to learning and practice."s
1 IPCC (2014) Climate Change 2014 Synthesis Report. Retreived from http://www.ipcc.ch/pdf/assessmentreport/arS/syr/SYR_ARS_LONGERREPORT.pdf 2 Ibid l Ibid p. 4
' Lee, M., & Ellis, B. (2013). Canada's Carbon Liabilities: The Implications of Stranded Fossil Fuel Assets for Financial Markets and Pension Funds. Retrieved from https://www.policyalternatives.ca/sites/default/files/uploads/publications/National Office%2C BC Office/2013/03/Canadas Carbon Liabilities.pd! s University of Guelph. (2014). Sustainability at the U of G. Retrieved from https://www.uoguelph.ca/sustainability/welcome-sustainability-u-g
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We, the students at the University of Guelph, call upon the newly established Working Group on Responsible Investment to advise that the University's Board of Governors to freeze all new investments in 200 of the world's largest fossil fuel companies, and to divest completely from these companies within a period of 5 years.
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We, the students at the University of Guelph, call upon the newly established Working Group on Responsible Investment to advise that the University's Board of Governors to freeze all new investments in 200 of the world's largest foss il fuel companies, and to divest completely fro m these companies within a period of 5 years.
Full Name Signature Student Number
E-Mail Addresss Phone Number I want to get involved
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We, the students at the University of Guelph, call upon the newly established Working Group on Responsible Investment to advise that the University's Board of Governors to freeze all new investments in 200 of the world's largest fossil fuel companies, and to divest completely from t hese companies with in a period of 5 years.
Full Name Signature Student Number
E-Mail Addresss Phone Number
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We, the students at the University of Guelph, call upon the newly established Working Group on Responsible Investment to advise that the University's Board of Governors to freeze all new investments in 200 of the world's largest fossil fuel companies, and to divest completely from these companies within a period of 5 years.
We, the students at the University of Guelph, call upon the newly established Working Group on Responsible Investment to advise that the University's Board of Governors to freeze all new investments in 200 of the world's largest fossi l fuel companies, and to divest completely from these companies within a period of 5 years.
Full Name Signature Student Number
E-Mail Addresss Phone Number I want to get involved
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We, the students at the University of Guelph, call upon the newly established Working Group on Responsible Investment to advise that the University's Board of Governors to freeze all new investments in 200 of the world's largest fossil fuel companies, and to divest completely from these companies within a period of 5 years.
Full Name Signature
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Student Number
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E-Mail Addresss Phone Number I want to get involved
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We, the students at the University of Guelph, call upon the newly established Working Group on Responsible Investment to advise that the University's Board of Governors to freeze all new investments in 200 of the world's largest fossil fuel companies, and to divest completely from these companies within a period of 5 years.
Full Name Signature Student Number
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E-Mail Addresss Phone Number I want to get involv d
We, the students at the University of Guelph, call upon the newly established Working Group on Responsible Investment to advise that the University's Board of Governors to freeze all new investments in 200 of the war.Id's largest fossil fuel companies, and to divest completely from these companies within a period of 5 years.
Full Name Signature
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Student Number
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E-Mail Addresss
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Phone Number I want to get involved
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Fossil Free Guelph Petition - Working Group on Responsible Investing