About FFUC

In 2012, climate change activists, after years of fighting the fossil fuel companies,

In 2012, climate change activists, after years of fighting the fossil fuel companies,

decided to go on the offensive.

They came up with an ambitious plan.

A plan that had been used successfully in the past to topple a government.

The plan's goal was to take away the moral legitimacy of the fossil fuel companies,

The plan's goal was to take away the moral legitimacy of the fossil fuel companies,

and turn them into social pariahs.

The plan was called divestment.

Currently, there are over 600 active divestment campaigns across the globe,

Currently, there are over 600 active divestment campaigns across the globe,

and successes are mounting.

Fossil Free UC

Divest NowWith ten campuses and approximately 200,000 undergraduate and graduate students, the UC system is known as the premier public university system in the world. The UC Regents control policy for the institution’s investment portfolio of nearly $81 billion. In the tradition of successful divestment campaigns against the South African apartheid, Sudan, and tobacco, we are targeting the UC Regents and asking for divestment. Specifically, Fossil Free UC is asking the university to adopt a five-year plan to freeze new fossil fuel investments, implement a negative screen for the top 194 companies and roll out investment alternatives that address climate-risk and sustainability.

Fossil Free UC (FFUC) is a campaign made up of a coalition of students, faculty, staff, and alumni from the entire UC system, with additional support from partner organizations like the California Student Sustainability Coalition (CSSC) and 350.org.  The campaign strives to: a) raise awareness on and off campus of the dangers of fossil fuels, b) pressure the UC Regents to vote for a full divestment of the General Endowment Pool, and c) to aid the administration in developing a reinvestment plan that is both adjusted for climate risk and socially responsible, thereby upholding the mission of the university.

FFCAL-sexyThe campaign originally targeted the General Endowment Pool, worth nearly $7 billion. We have not officially changed our demand from the GEP, however, after the Task Force on Sustainable Investing convened and decided to form an environmental, social and governance investment framework for the entire UC portfolio, we were advised to shift our demand from $7 billion to $81 billion encompassing all investments by the UC, $3 billion of which are fossil fuel related.* Through divesting, the UC Regents would indicate that they—as representatives of America’s intellectual, scientific, and progressive powerhouse—have had enough of the industry and will no longer support the fossil fuel industry’s continuing mass environmental degradation and widespread societal harm for the sake of its students, community, and world at large.

FFUC is, of course, a coalition, and is one of the only divestment campaigns that spans campuses to work towards a larger divestment win. However, to support this inter-campus campaign, each UC campus has its own active campaign. Be sure to click on the tabs to check out the other campuses!

As one of the leading public institutions in the world, we have the privilege and the responsibility to take action where we can influence change. You can find us on Facebook here and on Twitter here.

Want to hear more about the national movement? Check out this documentary from students at San Francisco State University!

 

*This demand was initiated by the Task Force stating that any investment decisions made are done for the entire portfolio. Fossil Free UC is keeping this directive in mind while still understanding that the entire portfolio comprises pensions and includes new stakeholders that we want to develop strong relationships with and work to properly understand and represent in any demand we may make to the university.