Tag: Divestment

Queen’s to join University Pension Plan on July 1

On July 1, the Queen’s Pension Plan (QPP) will be amalgamated with the University of Toronto and University of Guelph pension plans as a part of the University Pension Plan (UPP).    The UPP is a jointly sponsored pension plan for university faculty and staff. The plan aims to enhance the long-term...

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Board of Trustees clarifies its climate change endorsement

Before the Board of Trustees voted on the agenda at its May 8 meeting, Donald Raymond, chair of the Board, addressed the community’s “misinterpretation” of its earlier climate change recommendations. “It’s come to my attention there’s been some confusion in the Queen’s community about the recommendations,”...

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SGPS Council votes to divest

Following months of deliberation, SGPS Council voted to relinquish the Society’s investments in oil and gas on Jan. 14.  The council also voted to sign onto QBACC’s call for Queen’s to divest from fossil fuels. The vote comes after months of Council debates about how the decision would impact graduate...

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Student group continues to press Trustees on divestment

At December’s Board of Trustees meeting, Nick Lorraway (ArtSci ’20), president of Queen’s Backing Action on Climate Change (QBACC) delivered refined divestment proposals, aiming for more feasibility.    After rallying with students on Sept. 27, QBACC made its first appearance of the year at a Board...

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QBACC heading back to Board of Trustees with more student support

On Sept. 27, Queen’s Backing Action on Climate Change (QBACC) representatives presented the Board of Trustees with a list of demands to address the climate crisis on campus. Two months later, little headway has been made. While QBACC has been gathering support for their advocacy efforts across multiple...

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QBACC appeals to Trustees at first meeting of academic year

After addressing more than 500 students at Friday’s climate strike, representatives from QBACC headed into Richardson Hall to bring their demands to Queen’s Board of Trustees. QBACC President Nick Lorraway (ArtSci ’20) and Vice-President Sam Green (Sci ’20) attended the first Board of Trustees meeting...

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QS2I partners with QBACC for action on the climate crisis

Queen’s Social Investment Initiative (QS2I) and Queen’s Backing Action on Climate Change (QBACC) have struck a partnership to pursue climate initiatives on campus. QS2I is the first university-based impact investing organization in Canada, approaching social finance through management of a mock portfolio...

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Inside the AMS's push to divest

The AMS announced on Monday it had completely divested from holdings in companies that produce, transport, and dispense fossil fuels, becoming the first student government in Ontario to do so. “This is meant to serve as a message and send a message to our industries, to our leaders, to our university,...

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AMS announces complete divestment from fossil fuels

The AMS has divested from all holdings in companies that produce, transport, and dispense fossil fuels, according to a statement released by the Society on Monday afternoon. The move makes the AMS the first student government in Ontario to completely divest itself of financial interest in the oil...

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In conversation with Patrick Deane

When Queen’s announced it would begin the search for its 21st principal, Patrick Deane was thrilled at the opportunity to put his name forward. Leaving behind an eight-year tenure as principal of McMaster University, Deane has returned to Kingston, where he served as Queen’s Vice Principal (Academic)...

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Queen’s should divest from the source of climate change

The University’s refusal to divest from fossil fuels proves that Queen’s values its finances above the changing climate.     Queen’s positions itself as a leader in action against climate change. But if the school is sincere about its commitment to reducing its carbon footprint, that should extend...

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Divestment from fossil fuels is overdue for Queen’s

The world’s continued use and exploitation of fossil fuels has been scientifically proven to affect the climate. Climate change isn’t just warmer weather around the globe, it’s more rain, more severe weather and more frequent natural disasters like Hurricanes Harvey and Irma. Even though Queen’s...

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Queen’s votes not to divest from fossil fuels

Queen’s Board of Trustees’ Investment Committee announced on Nov. 6 that they will not be divesting Queen’s funds from fossil fuels. The decision comes roughly a year after Queen’s Backing Action on Climate Change (QBACC), a student environmental activist group, submitted a petition to Principal Woolf...

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Queen’s environmental group talks fossil fuel divestment

The Advisory Committee on Divestment of Fossil Fuels held its final feedback meeting on Thursday, Sept. 17, moving them closer to finalizing a report on divestment at Queen’s. The committee has held four consultation dates open for submissions from concerned individuals, with its final meeting taking...

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Visual action lends fuel to QBACC’s fire

Though Queen’s has pledged to explore the feasibility of fossil fuel divestment, Queen’s Backing Action on Climate Change (QBACC) isn’t taking the pressure off. As part of their “Responsible Investment” campaign, QBACC held a visual demonstration at the ARC on the afternoon of Feb. 12. The demonstration...

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Queen’s looks at divestment

Following a push from students and campus groups, the University has launched discussions on fossil fuel divestment. In last week’s AMS winter referendum, 4,127 students — or 73.5 per cent of voters — voted in favour of the AMS assessing the feasibility of divestment from fossil fuels from its Restricted...

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Queen’s gets dirty with oil

Ryan Broe, ArtSci ’15 By investing in companies that degrade and pollute the environment, Queen’s has shown it isn’t committed to sustainability on campus. The University as an institution behaves as though it values that principle. Queen’s created a Sustainability Office in 2008, which claims its...

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In considering divestment

The threat of climate change calls for a response from young people and the institutions that cater to them. University divestment from fossil fuel companies should be seriously considered going forward. Students at the University of British Columbia, the University of Victoria and Simon Fraser University...

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No rest until we divest

Jessica Buttery, ArtSci ’14 The CBC has reported that fossil fuel divestment is the biggest student movement in the U.S. in years. Hundreds of universities and colleges across the United States are campaigning to have their school’s divest from fossil-fuel companies in an effort to combat climate...

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