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Photo:  Overpass  Light Brigade

Photo: Overpass Light Brigade

City & State Divestment Campaigns

The Dane County Board of Supervisors voted unanimously to pass their divestment resolution on June 6, 2013, becoming the first county in the US (that we know of) to do so. See the 350 Madison press release here and the text of the resolution here. We received nice local media coverage from NBC affiliate WMTV.

In April 2013, Madison’s Mayor Paul Soglin joined nine other mayors around the country in “urging their cities to divest from the top 200 fossil fuel companies because of the industry’s responsibility for the climate crisis.” See their press release here and a news story here. Kudos to Mayor Soglin for placing the City of Madison out front as a leader on divestment! The Madison City Council voted in support of institutional divestment on July 2, 2013. See the 350 Madison press release here and the text of the resolution here.

Divestment is a key focus of the Mayors Innovation Project. See the project’s rationale for a city divestment strategy, a list of cities that have divested, and sample divestment resolutions here.

The 350 Madison Divestment Team has started divestment campaigns targeting other investors in our community. Sign the petition to divest Wisconsin public employee retirement funds, whose target is the State of Wisconsin Investment Board (SWIB), the 30th largest institutional investor in the world with more than $80 billion in assets.

Start a New Divestment Campaign!

Interested in starting a divestment campaign in your city or state? Find out more here. And if you do start a new campaign, please send us an email to let us know about it.