Climate Change
The “safe” degree of warming established by the Paris Agreement.
1.5C
The 5 largest oil and gas companies, by market capitalization.
Saudi Aramco, ExxonMobil, Chevron, Shell, and ConocoPhillips
250+ colleges have committed to fossil fuel divestment, Olin has not.
This is a college that has divested.
Many possible answers, including Harvard, Wellesley, Princeton, Brown, Cornell, Dartmouth, BU, Brandeis, Columbia, and more.
Date, time, and location of the student body referendum on Divestment.
November 16th at 6:30pm in Nord.
This major fossil fuel company has carbon-reduction plans aligned with the safe level of warming established by the Paris Agreement.
None
The IPCC reports that greenhouse gas emissions need to peak this year and then reach net zero by this year for the world to stay under safe levels of warming.
Immediately and 2050.
Number of years Shell has known its actions were causing climate change.
50 years
Amount of money that has been divested from fossil fuel companies since 2012.
40.5 trillion
Amount of money in Olin’s endowment.
$419 million
Fossil fuel companies call this source of energy, which emits carbon and air pollution when burned and is dangerous to human health, “clean burning”.
Natural gas, or methane
The 2021 IPCC report predicts that based on current emissions, the world is likely to become this much warmer by 2100.
2.7 - 3.1C
% of fossil fuel reserves that need to stay unburned if we want to stay under safe levels of warming.
90%
He said, “The divestment movement played a key role in helping liberate South Africa...Once again, we can join together as a world and put pressure where it counts.”
Desmond Tutu
% of Olin’s investment pool in positive sustainability investments according to our 2021 AASHE stars rating.
0%
This fossil fuel company coined the concept of the “carbon footprint” to distract from their culpability in the climate crisis.
British Petroleum, or BP
On the worst trajectory, sea levels will rise this much in Boston by 2100
6.4 feet above current levels
The largest 5 fossil fuel companies spend this much money annually lobbying the federal government.
~$200 million
This company was the largest coal producer in the world before going bankrupt in 2016, citing divestment as one of the main factors.
Peabody Coal
Amount of Olin’s endowment invested in fossil fuels (both percent or actual amount ok)
2% or $8 million
Chevron: “We work to deliver the energy the world needs while protecting the environment.”
% of Chevron’s capital expenditure in low carbon energy between 2010 and 2018.
0.2%
The number of people that will be displaced because of climate change by 2100.
200 million to 1.6 billion
% of global fossil fuel emissions emitted by the 100 largest oil and gas companies
71%
Legal complaints from Harvard, Princeton, Stanford, Yale, and Vanderbilt allege that fossil fuel investments are illegal due to this law.
Uniform Prudential Management of Institutional Funds Act
AASHE STARS, a comprehensive sustainability metric, gave Olin this rating and Babson this rating.
Olin: silver rating,
Babson: gold rating.
Investing in Shell and Chevron is considered “responsible investment” under this investment strategy.
ESG (Environmental, Social, Governance)