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Join the Club: How Peer Pressure Can Transform the World

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Join the Club: How Peer Pressure Can Transform the World

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by Tina Rosenberg

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https://www.mentimeter.com/s/6ff6bc0bb2dcded41e286d32771a3a07/f8b4c2b9dc49

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Divestment Obstacle: There is a lack of transparency from funders.

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Divestment Obstacle: There is a lack of transparency from funders.

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I don't know 100% if I'm invested in fossil fuels.

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Divestment Obstacle: All of the philanthropy in my area comes from extractive industries

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Divestment Obstacle: All of the philanthropy in my area comes from extractive industries

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I am suffering from a scarcity mindset. I am worried about losing donors, money, how much divesting could cost, etc.

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Fund managers have trillions of dollars invested in the stocks of fossil fuel companies

Major asset managers handle the retirement savings of millions of Americans. Their mission is to help people save for the future - but they're directing trillions of dollars of capital to the carbon polluters maintaining and expanding the fossil fuel infrastructure that threatens our future.

Are your savings invested with one of these financial giants? Find out just how much they have invested in the top owners of carbon reserves, the largest coal-fired utilities, and other fossil fuel companies. Then, share to spread the word: business as usual is killing the climate.

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Fund managers have trillions of dollars invested in the stocks of fossil fuel companies Major asset managers handle the retirement savings of millions of Americans. Their mission is to help people save for the future - but they're directing trillions of dollars of capital to the carbon polluters maintaining and expanding the fossil fuel infrastructure that threatens our future.

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Divestment Obstacle: I’m not sure how to get started on divesting

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Divestment Obstacle: I’m not sure how to get started on divesting

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Divestment Obstacle: I have executives in fossil fuel companies on my board.

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Divestment Obstacle: I have executives in fossil fuel companies on my board.

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https://www.groundwaterarts.com/divest-to-invest-campaign

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It's time to invest in an equitable, We need to divest from systems that don't serve us
thriving, future, y'all.
and invest in futures that do!
The fossil fuel industry depends on continued extraction from and violence against the earth, and disproportionately creates collateral damage in Black, Indigenous, people of color (BIPOC) communities around the world. We are not "sacrifice zones" for the fossil fuel industry or for the theater. For far too long, United States theatres have given the fossil fuel industry a social license to operate - a pass on the harm they have caused people and the planet.
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Not anymore.
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We are launching a movement to end the grasp fossil fuels has over our communities and our theaters. Often arts institutions and artists accept funds that do not align with their values because "who else will give us the money?"
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How can we fight for racial and climate justice and accept funds from industries that harm BIPOC and the planet? How can we pat ourselves on the back for being "progressive" or "antiracist" when we name our theaters after oil magnates and continue to accept sponsorships from fossil fuel companies?
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We can't.
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Divesting is hard, and it is possible. Finding new sources of investment is hard, but it is possible. Oh, it is possible. Don't believe us? Check out this article on Howlround and Go Fossil Free for more. We arts workers have more agency and power than we think!

Groundwater Arts has joined the movement with Go Fossil Free and 350.org, and we are launching the Divest to Invest Campaign to move arts workers and institutions away from fossil fuels and towards a regenerative future.
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Our goal is for 500 arts workers to commit to one of the following by June 1, 2021.
‍ Because, we are thinking translocally, no one single commitment is going to work for everyone, so we are asking arts workers to make ONE OR MORE of the following THREE commitments (or adapt them to suit what's possible for you).

+ I pledge to introduce the following contract clause in all future contracts I negotiate:

+ I pledge to DIVEST my personal funds from fossil fuel companies (i.e. retirement, mutual fund accounts). Client/Employer [should define "Client" and "Employer" in the contract] hereby represents and warrants that: (i) it has not heretofore knowingly and willingly received funds or donation from fossil fuel industries, including, but not limited to, contributions in kind, cash, or by means of sponsorship; (ii) it will not knowingly and willingly accept funds or donations from fossil fuel industries for the duration of the term of Contractor's [should define "Contractor"] contract; and (iii) will not pay Contractor's fee from any funds or donations received from any fossil fuel industry. For the purposes of this agreement, "fossil fuel industries" are defined as producers of coal, petroleum, or natural gas, or any derivative of coal, petroleum, or natural gas that is used for fuel.
+ I pledge to JOIN a local climate justice organization working toward divestment by offering my theatrical skills (ie. direct action, etc).

Our goal is for 100 theatres of all shapes & sizes to commit to one of the following by December 31, 2021.
‍ Because, we are thinking translocally, no one single commitment is going to work for everyone, so we are asking theatres to make ONE OR MORE of the following THREE commitments (or adapt them to suit what's possible in your community).

+ We pledge that we will ACCEPT NO NEW fossil fuel sponsorships.
+ We pledge that we will DIVEST FROM ALL fossil fuel sponsorships.
+ We pledge that we will DIVEST OUR ENDOWMENT from fossil fuel funds.

Sign the pledge today.

Commit to a just future. Be part of a regenerative movement. And celebrate your commitment loudly! The more organizations and individuals that speak publicly about their commitments to divestment, the more positive social pressure we place on our peers to do the same!

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It's time to invest in an equitable, We need to divest from systems that don't serve us thriving, future, y'all. and invest in futures that do! The fossil fuel industry depends on continued extraction from and violence against the earth, and disproportionately creates collateral damage in Black, Indigenous, people of color (BIPOC) communities around the world.