You are here

Should Your Union’s Pension Fund Divest from Fossil Fuels?

By staff - Labor Network for Sustainability, November 2018

This guide is designed to help you and your union consider whether you should divest from fossil fuels.

Working people collectively own an enormous amount of capital in our pensions. As a sector, pensions are the largest source of investment in financial holdings, even larger than standard investment houses and banks! Pensions constitute over $40 trillion! Our pension funds are invested in stocks and bonds that may not be serving our interests as working people and may be harming our families’ futures. Imagine what we might be able to support and build, imagine the great jobs we could create, if we use more of our pension funds to directly benefit our members and our families.

The Guide Contains:

  • An introduction to pension fund divestment and links to further information about it
  • Whether failure to divest can constitute a failure in fiduciary responsibility
  • How you can respond to divestment proposals and what questions need to be answered to reach a decision
  • How to start a divestment campaign yourself and answers to questions you may encounter from union members and divestment opponents

Download and Read the PDF Here.

Disclaimer: The views expressed here are not the official position of the IWW (or even the IWW’s EUC) and do not necessarily represent the views of anyone but the author’s.

The Fine Print I:

Disclaimer: The views expressed on this site are not the official position of the IWW (or even the IWW’s EUC) unless otherwise indicated and do not necessarily represent the views of anyone but the author’s, nor should it be assumed that any of these authors automatically support the IWW or endorse any of its positions.

Further: the inclusion of a link on our site (other than the link to the main IWW site) does not imply endorsement by or an alliance with the IWW. These sites have been chosen by our members due to their perceived relevance to the IWW EUC and are included here for informational purposes only. If you have any suggestions or comments on any of the links included (or not included) above, please contact us.

The Fine Print II:

Fair Use Notice: The material on this site is provided for educational and informational purposes. It may contain copyrighted material the use of which has not always been specifically authorized by the copyright owner. It is being made available in an effort to advance the understanding of scientific, environmental, economic, social justice and human rights issues etc.

It is believed that this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have an interest in using the included information for research and educational purposes. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner. The information on this site does not constitute legal or technical advice.