Tag Archives: Submissions

ANU’s Carbon Budget Solutions — Have your say!

ANU has announced it will develop a policy on socially responsible investment (SRI)! This is great news, after we revealed over $80 million investments coal, gas and oil on ANU’s books.

But the policy may end up too weak to stop more fossil fuel investments. ANU’s advisors are already recommending the policy shouldn’t require ANU to go fossil free. :(

What’s more, the VC has decided there’s no need for public input. We disagree, and that’s why we’re launching this consultation on ANU’s Carbon Budget Solutions.


Click here to have your say.


Invest in our future, not fossil fuels!

Points we made in our submission:

  • ANU is has a great reputation for leadership on sustainability teaching and research, which should extend to its investments.
  • Fossil fuel extraction damages local health, water, ecosystems and communities.
  • As the Climate Commission recently discussed, 80% of the world’s fossil fuels must stay unburnt to meet our government’s own safety target of 2 degree temperature increase.
  • It cannot be socially responsible to profit from this damage.
  • Divesting would secure ANU’s finances over the medium term, protecting it from the ‘carbon bubble’  from global climate action and falling renewables costs.
  • Leadership through divestment would also make ANU a more attractive option for donations; fossil fuel investments will turn away donors who wont want their money put into coal mines and fracking.
  • The divestment movement is booming around the world and ANU should lead, not get left behind. Among those already going fossil free are San Francisco, Seattle and many other US Cities, US Colleges including San Francisco State, and churches including the Uniting Church in NSW and ACT.
  • Divestment isn’t risky: if US Colleges had divested 10 years ago, they would have made more money!

You can read Fossil Free ANU’s submission here.

Read on to see our response to the Vice-Chancellor, as well as a record of our email correspondences.

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University Council Investing Unethically?

And then I said...we invest ethically

And then I said…we invest ethically

At the last meeting of University Council in May (see previous minutes and agendas here), student representatives from ANUSA and PARSA pushed the top brass to develop a concrete ethical investments policy, through consultation and the formation of an ethical investments committee. We’ve just received confirmation that the ANU will not be holding public consultations on the issue!

We need to show the ANU that this is an issue the public is willing to fight for! Click the link on the right to sign our petition, and stay tuned to see how you can help Fossil Free ANU with our submission to the Council.

Read more to find out about developments in ANU’s approach to investment and ethics.

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