Acknowledging the urgency of addressing climate change, the Rachel’s Network Finance Committee approved a plan to move the organization’s reserve fund to a 100% fossil free portfolio focused on environmental solutions.
Powering 33 percent of our nation’s electricity, coal is a foundation to our lifestyles and industries. But Rachel’s Network Member Anne Butterfield shows that the nation is running out of its affordable, profitable supply. It’s time for the utility industry to stop taking coal for granted.
While much has been written on this vast stretch of plastic soup in the ocean, we know relatively little about the Great Pacific Garbage Patch and its impacts on the ecosystem. The recent Mega Expedition hopes to give researchers a better picture of the problem and what we could do to solve it. In the meantime, Rachel’s Network members are supporting the organizations that are fighting plastic pollution at the source and developing more sustainable packaging and supply chains.
It’s no great surprise that funders have taken up the fossil fuel divestment cause. For many, unloading these stocks and investing in positive social and environmental projects goes hand-in-hand with good grantmaking. As environmental funders, a number of Rachel’s Network members have made a commitment to divest from fossil fuels, both personally and through the foundations they direct. As we celebrate Global Divestment Day, they offer tips for those ready to move their money.
Each year for the past four years Rachel’s Network Member Annarie Lyles has been shifting 2% of her assets away from conventional stocks to businesses that align with her values. Here’s how she got started in impact investing, and how you can too.