Via 350 Aotearoa team
Today WWF released a report exposing the fossil fuel investments of our two largest funds of public money, ACC and the NZ Super Fund.
Coinciding with this report, we’ve launched a campaign calling on the NZ Super Fund to divest from fossil fuels. Super Fund has over $440 million dollars invested in fossil fuel companies. The NZ Super Fund is a fund for our future, so it doesn’t make sense to be investing in an industry that’s destroying it.
Take 1 minute now and email this letter to the CEO of the Super Fund, Adrian Orr to let him know your future’s not in fossil fuels- http://act.350.org/go/3604?t=2&akid=3447.734956.5uFWY8
And you can see the full WWF report here
The Super Fund has already banned investment in 156 companies involved in harmful or destructive industries like nuclear, tobacco and cluster munitions manufacture – it’s time to add fossil fuels to that list.
Investing in fossil fuels is not only morally wrong. There’s a strong financial case for divestment. Recent reports by ratings agencies like Moody’s and Standard and Poor, and banking giant HSBC suggest the value of these investments are decreasing and will become increasingly risky investments in the future.
If we can get 10,000 or more people to send a letter to the Super Fund, it will send a strong message to the CEO and Board of Guardians that this is something a large part of New Zealand cares about.
You can help us to make it happen by sharing this message:
1. Forward this e-mail to your friends, family and colleagues;
2. Share our Facebook posts or make you own, using the infographic in this email;
3. Tweet about it, using hashtag #fossilfreenz, or retweet our tweets from @350nz
It’s time for Super Fund to Go Fossil Free!