Divest DU was formed in January of 2014 by a group of passionate students concerned about the future of the world’s climate system. These students decided to attend the University of Denver in part because of the institution’s mission to be a “great private University dedicated to the public good,” and found the school’s continued investment and support of the fossil fuel industry to be irreconcilable with this mission. Believing that it is the role of universities to be moral leaders, these students set forth to encourage the University of Denver to reconcile its investment practices with a socially responsible endowment.
Divest DU is dedicated to combatting climate change by urging the University of Denver to divest its endowment from holdings in fossil fuel companies and reinvest in just solutions. We will create a passionate coalition of students, faculty, alumni, and community members to urge the administration to seriously engage with the issue of divestment, invite the University of Denver to participate in tough dialogue, and foster the development of strong leaders. Divest DU stands in solidarity with fossil fuel divestment campaigns around the world.
Our ask from the University of Denver is three-fold:
- We ask that the University commit to immediately freeze any new investment in fossil fuel companies and divest from direct and indirect ownership of fossil fuel stocks, public equities, and corporate bonds over five years. More specifically, we ask that DU divest from the top 100 coal companies and the top 100 oil and gas companies, as determined by the amount of potential carbon emissions from their reserves. These 200 entities own the vast majority of carbon reserves, as the companies who fall beyond these 200 entities control less than 0.15 gigatons of CO2 in reserves. Thus, limiting divestment to this list achieves the mission of morally stigmatizing the fossil fuel industry while making the divestment process more manageable, viable, and realistic. The comprehensive list outlining the 200 worst offenders can be viewed here.
- We ask that the University develop a plan to reinvest in solutions that put community first and counteract the damage done by climate change.
- We ask that the University put in place a student accountability structure that oversees the divestment and reinvestment process and ensures the above asks are met.
Divest DU Report
The complete report and proposal delivered to Chancellor Rebecca Chopp and the Board of Trustees in April 2016 can be viewed here: Divest DU Report
Currently our petition has over 1,700 signatures. This petition is open to the public.
The following organizations have officially endorsed Divest DU’s mission:
DU Student Groups:
- A World With…
- Alpine Club
- Asian Student Alliance
- DU Democrats
- DU Environmental Team
- DU Fly Fishing
- DU Invisible Illness Club
- DU Music Culture
- DU Solar
- DU Vegan and Vegetarian Society
- Greenpeace DU
- KXDU Radio
- Net Impact Undergraduate Chapter
- Piogears Underground Pre-Dental Society
- South Asian Student Association
- Undergraduate Student Government
- Undergraduate Student Government Sustainability Committee
- Undergraduate Women’s Council
- Zero Waste Hockey
- Zeta Beta Tau Iota Fraternity
DU Faculty & Staff Groups