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SF State meeting at 5 PM! Earth Day Events Friday and Saturday! Kahoot and Hang on Monday! And congrats CSUMB! 🎉

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Divest The CSU Coalition-Wide Meetings: Mondays 11 AM 4/20 Biweekly 5/3, 5/17, (5/31 tbd) Onboarding sessions run 10:30-11 to ask Assata and Jessica all your divest questions :) Last meeting notes here and slides here and in Padlet Divest Cal Poly* Meetings: Wednesdays 11 AM Biweekly 4/28, 5/12, 5/26 with working meetings same time on off weeks !

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Last Regular DTC Meeting Monday! Add to our Idea Bank and help us plan for next year! Give a one-min comment Saturday 3 PM!

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2. Write a one minute "please support fossil fuel divestment" comment! If anyone is free Saturday 3 PM, please hop on this zoom link https://calstate.zoom.us/j/82394607901 to give a one minute comment in favor of fossil fuel divestment!

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*it may say 2/22 slides, but they are 3/1 :)

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CSSA Resolution Recommending Fossil Fuel Divestment

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CSSA Resolution Recommending Fossil Fuel Divestment

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Submitted 2/1/2021

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We believe this decision will benefit our financial portfolio AND directly impact the wellbeing of its current and future graduating classes, who deserve the opportunity to graduate with a future not defined by climate crisis.

The CSU will not be lonely: the support for fossil fuel divestment internationally has been staggering. The divestment movement is a rising wave encompassing hundreds of institutions: banks, philanthropies, religious organizations, corporations, pension funds, cities, and states to the tune of over $14 trillion divested so far. Norway's Government Pension Fund - the world's largest sovereign wealth fund - has dropped $13 billion in fossil fuel investments. BlackRock, the world's largest fund manager, has dumped coal. The country of Ireland is withdrawing every last euro invested in fossil fuels. The list goes on and on.

The CSU will join 190+ universities, including over half of the universities in the UK, Brown, Cornell, George Washington, Boston University, the universities of Hawaii, Illinois, Vermont, and many others, not to mention our other flagship university system, the University of California. Notably, the UCs cited financial risk, not climate change, as sufficient rationale for divesting. Fossil fuels "posed a long-term risk to generating strong returns for UC's diversified portfolios." The UC's portfolio is already reaping financial rewards.

Even before unimaginable 2020 crashes, fossil fuels have been proving to be risky investments. Since 2015, over 200 U.S. oil and gas producers have filed for bankruptcy, revealing debt racking up to hundreds of billions of dollars and sending plummeting returns to the portfolios of their investors. Where is the risk-return? Investing in an industry marked by such volatility and short-sightedness is fiscally irresponsible, and the CSU can do better.

After all, this is today. What about tomorrow? In the U.S. alone, over 150 cities and 8 states (including California) have committed to eventually sourcing 100% of the city's electricity from renewable sources. No fossil fuels. Nada. While the fossil fuel industry dances to the drumbeat of bankruptcy, renewable energy production and cost-effectiveness rises year after year, as well as their investment values. In most countries, renewable energy is cheaper than coal. Clean energy bought by corporations jumped 44% in 2019 (Forbes). In the stock market, the S&P Clean Energy Index is outperforming its dirtier counterpart, the S&P Natural Resources Index at a ratio of 6:1, returning more than 66% over 3 years vs. a measly 11% (Forbes). The renewable revolution has been called the "largest wealth-generating opportunity of this generation." How can we let this opportunity fall to the wayside?

Yet, despite the enormous progress renewables have made over the past decade, investments in clean energy are still falling short of the level needed to put the world's energy system on a sustainable path. Our action is needed. This is where the CSU can lead our nation as the U.S.'s largest university system and send a clear message to the fossil fuel industry and to investors worldwide: we prioritize our future and protect our portfolio.

We are at a tipping point. Climate change poses an "immediate and far-reaching threat to people and communities around the world and has implications for the full enjoyment of human rights." We can choose to say "no!" to a future marked by collapsing food systems, extreme heat, destructive wildfires, devastating storms, dwindling water resources, sweeping extinctions, increased insect outbreaks, and sea level rise measured in feet.

But the longer we wait, the more drastic of reductions are needed to mitigate climate change. Our future can't afford business as usual, and neither can our portfolios.

We can put our money where our mouth is. We can leave a legacy our children will be proud of. What we cannot risk is placing bets on a plummeting industry, especially as the CSU faces severe budget constraints as a result of the COVID-19 pandemic.

To this end, for the good of our students and our nation, and to preserve the quality of life for this and future generations worldwide, we ask that the CSU:

1) Immediately freeze any new investment in fossil fuel companies (coal, tar sands, oil, and natural gas.)
2) Divest from the fossil fuel industry and shift funds to ethical investments within 5 years.
3) Provide accountability. We ask that a quarterly list of the funds and companies that each CSU campus invests in be available to students. If quarterly investment reports cannot be disclosed, we seek to reach an agreement with each college to provide a suitable accountability mechanism allowing public tracking of the progress of these divestment goals.

We are united by our vision for a better future. A college degree is an investment with benefits that lasts a lifetime. If only our universities' investments were doing the same.

Join the movement by following us on Instagram at divestthecsu (website soon to come) and by reaching out to divestthecsu@gmail.com. Join our Slack: https://divestthecsu.slack.com/join/shared_invite/zt-k6f07udx-wevKLJo55UxzpWCRE186_A#/
If you would like to support organizing/campaigning expenses such as printing or website hosting, your donations are welcome. Paypal: https://paypal.me/divestthecsu or Venmo: @lisaswartz. All donations not utilized by the campaign will be donated to As You Sow, a nonprofit creating environmental and social change at the corporate level through shareholder advocacy, coalition building, and innovative legal strategies. https://www.asyousow.org/

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We believe this decision will benefit our financial portfolio AND directly impact the wellbeing of its current and future graduating classes, who deserve the opportunity to graduate with a future not defined by climate crisis. The CSU will not be lonely: the support for fossil fuel divestment internationally has been staggering.

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Slack is a new way to communicate with your team. It's faster, better organized, and more secure than email.

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Slack is a new way to communicate with your team. It's faster, better organized, and more secure than email.

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Email: Divest the CSU Weekly Announcements!

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Email: Divest the CSU Weekly Announcements!

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Divest The CSU: Announcements! (Meeting WEDS night, not tonight)

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☀️ This meeting will be exciting - we'll be discussing some key tenets of our campaign (like vision, goal, target, etc.) and determining our immediate goals and actions. Get ready to put your brainstorming hat on to add your voice. Bring a friend!

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Divest The CSU: 2/17 and 2/22 Meetings - Google Jamboard

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Email: Divest The CSU Weekly Announcements!

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Email: Divest The CSU Weekly Announcements!

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☀️ If you are new, welcome! Thank you for being a part of this project! ☀️ Our special speaker for our meeting tonight 2/22 at 6 PM is Emily Williams, a seasonder leader from the UC fossil fuel divestment movement!

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Notes from Q&A w/ Emily - Slack post version

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Notes from Q&A w/ Emily - Slack post version

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We're quite sorry about this! Before you try to troubleshoot, please do check https://status.slack.com - the problem may be on our end.

Here are a few things to try:

Check our Help Center for more details, or drop us a line.

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We're quite sorry about this! Before you try to troubleshoot, please do check https://status.slack.com - the problem may be on our end. Here are a few things to try: Check our Help Center for more details, or drop us a line.

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Emily’s Bio:
Emily is a Ph.D. student in Geography at UCSB. Her research interests are in the interdisciplinary study of climate science, social science, policy, and law. More specifically, her doctoral research is focused on the science of climate accountability – bringing together climate attribution research, vulnerability assessments, and carbon accounting, all within the research program of climate justice. She holds a B.S. in environmental studies from UCSB, and has worked in various climate change movement spaces, including involvement in the youth component of the UNFCCC conferences and as a staff campaign director for fossil fuel divestment. She also participates in several programs of scholar advocacy, as a cofounder of the Climate Justice Project and a steering committee member of 350 Santa Barbara, a community-based climate movement.
Emily got involved in 2012!

Notes

cofounded the UC fossil fuel divestment movement

she was a staffer with California Student Sustainability Coalition

she was tasked with working with the CSUs!

connections in board

their divestment success happened from UC Investment Committee, NOT as a policy from Reagents as expected

More powerful as policy from Reagents/Board of Trustees than investment committee

inside and outside groups -

pretend inside group not connected to outside group, but they actually are

they will give in when we are annoying enough

UC campus campaigns had a lot of autonomy - at least 4 dedicated people per campus

coordinating committee across campuses

Not every campus was av=ctive

get our presidents to endorse it

banner drop!!

strategy retreats 2x per year

divestment faculty champions key!!

get structure first then outreach

tenured is best

profs can help with:

signing petitions

academic senate resolution

talking to classes

really excited faculty - invite to join organizing meeting

ask profs for something simple first, then if that goes well, ask for more

John Fran was a crucial professor for them

General ark:

Get the messaging down solid

focus on companies as opposed in individual

Year One: student resolutions

Negotiating meetings come later

Escalation ladder:

You can’t do something less impressive then the last

Find a friend who works in investments!! Insider technical knowledge

For UCSB, the investments guy gave them all the info about the composition of the investments that they needed

Make Strategy Timeline and revise it as needed

**20 minute public comment speech!!

We can do this!!

Next BOT meeting is 3/23 and 3/24 (one month away)

WE can FOIA our investment composition!

Keep inside and outside game going

Revolving door funds - community projects - gardens, grids - IN the communities that the campus is in

follow-up q: how do those make money?

** get to know each other first! relational vs extractive

“organizing is relationship-building”

do the scary stuff together

important to practice and think through: heart of heart why are we doing this??

more infectious when you believe it deeply

Reaching out to allies

Ask about student government staff about old legacy resolutions in support of fossil fuel divestment

$3 billions in fossil fuels at UC!! inc pensions

reinvestment idea: revolving door funds + community investments, push for student leadership but not student owning

UC - most in pensions (9 billion in endowment, 90 billion in total), NOT the case at cal poly

** find faculty involved from CALPERS

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Cal Poly Resolution + Supplemental Report in Support of Fossil Fuel divesment

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Cal Poly Resolution + Supplemental Report in Support of Fossil Fuel divesment

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This can be a base for resolutions for other campuses

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Divest The CSU: 2/17 and 2/22 Meetings - Google Jamboard

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Email! Divest The CSU Weekly Announcements!

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Email! Divest The CSU Weekly Announcements!

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Join our first group action! (in 2 mins!) + Updates

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🦉 The CSU Academic Senate represents the voice of all faculty in the CSU and pass resolutions recommending CSU action 🦉 Getting them to pass a fossil fuel divestment recommendation resolution is a top goal 🦉 I (Lisa) reached out to the Fiscal & Governmental Affairs (FGA) committee, and they

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CSU Board of Trustees Meeting! Reinvestment! Vote on a Training! #StopLine3! and more!

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Our First Group Action! Message to the Faculty Photo Message Call - Success! Thank you all so much for sending in your photos! We got almost 30 and I think it made a really strong impact on the 14 FGA faculty committee members.

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2/23 1 Min Comment Sign-Up Extended!! + Joining 350.org

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📣 The CSU Board of Trustees is responsible for the oversight of the CSU, and adopts rules, regulations, and policies governing the California State University. They meet every two months and there's always a public comment time.

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Divest The CSU Blueprint! (work in progress)

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Divest The CSU Blueprint! (work in progress)

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Divest The CSU Blueprint- Campaign Strategy Outline

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Committee Descriptions - Divest the CSU 

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Meeting Schedule Change! Committee & Scheduling Sign Up!

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2. ✒️ Write a written comment to the CSU Board of Trustees - even if you can't attend the meeting on Tuesday, if you have a few minutes this weekend submit a written comment by Monday at noon! Comments will be distributed to the board before the meeting.

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This doc will be updated and added to in April!

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Cal Poly Meeting TOMORROW! Full Spring Meeting Schedule

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Vision for Coalition-Wide Meetings: Biweekly Divest The CSU meetings will be the place where we connect all together, hear from indiv. campus campaigns, hear from coalition-wide committees, make coalition-wide decisions if necessary, and train and learn together.

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Divest CSU - Cal Poly Meeting - 2021.03.31

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Public file shared from https://slack.com/

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Create a new document and edit with others at the same time -- from your computer, phone or tablet. Get stuff done with or without an internet connection. Use Docs to edit Word files. Free from Google.

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Big Status Updates! Movie night THURS! Meeting this week and next!

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Divest The CSU Coalition-Wide Meetings: Monday 11 AM 4/20 Biweekly On Monday, we will have: - Share-backs for how things are going with divestment at different campuses - Shares and updates from committees - Get feedback on some coalition-wide goal ideas - Start collecting ideas to plan how the coalition can be most helpful next year for helping campuses reach their goals (to be continued next meeting) How does this sound for our goal next year?

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One last thing! Onboarding sesh Monday, 10:30-11!

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Assata and Jessica have been working hard welcoming and onboarding new folks, and now will have onboarding sessions immediately before our coalition-wide Monday meetings. They'll be 10:30 - 11, and our main meeting will be 11 - 12, starting this Monday and going all spring!

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Committees Descriptions and Contact Info! 

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Committees Descriptions and Contact Info! 

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Committee Descriptions - Divest the CSU 

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Create a new document and edit with others at the same time -- from your computer, phone or tablet. Get stuff done with or without an internet connection. Use Docs to edit Word files. Free from Google.

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Create a new document and edit with others at the same time -- from your computer, phone or tablet. Get stuff done with or without an internet connection. Use Docs to edit Word files. Free from Google.

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Comment on Tues/Weds next week! Also - the CSU has $155 mil in fossil fuels!!

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Next Divest The CSU Meetings: TBA! After semester school finals end, we will have some small planning/ leadership transitioning meetings. Stay tuned for a beginning of summer meeting in June, and the possibility of summer organizing! This could include lobbying meetings with the CSU Investments Advising Committee.

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Create a new document and edit with others at the same time -- from your computer, phone or tablet. Get stuff done with or without an internet connection. Use Docs to edit Word files. Free from Google.

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Notes on slide 7

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BIG WINS to celebrate!! 🥳 and sign up for an awesome June training series by Monday! 🖋

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The Cal Poly SLO faculty and student resolutions follow CSUMB's student resolution last month, SDSU's student and faculty resolutions last year (thank you Gener for this info!) and SFSU's student (and faculty maybe?) resolutions several years ago (2012 I believe) Let me know if there are any other schools in the CSU you know of that passed resolutions that we can add to our list!

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Sunday 6/6 Wrap Up Fiesta - don't miss it! And a watershed big, bad day for big oil last week!

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📆 Monday 4/14 - 3:30 PM, public comment opportunity at the CSU Foundation! Last time I went to this meeting, a lot of important CSU financial people were there, including the Chancellor himself! This is an amazing chance to be respectfully intimidating, and show em we're still here, and we mean business!