Burgess COMMENTARY

Peter Burgess

DIVESTMENT COMMITMENTS: CLASSIFICATIONS
http://gofossilfree.org/divestment-commitments-classifications/

Total divestment commitments include full commitments, partial commitments, and divestments from coal & tar sands.

“Fossil Free”

An institution or corporation that does not have any investments (direct ownership, shares, commingled mutual funds containing shares, corporate bonds) in fossil fuel companies (coal, oil, natural gas) and especially, those in “The Carbon Underground: The World’s Top 200 Companies, Ranked by the Carbon Content of their Fossil Fuel Reserves” and committed to avoid any fossil fuel investments in the future

“Full”

An institution or corporation that made a binding commitment to divest (direct ownership, shares, commingled mutual funds containing shares, corporate bonds) from any fossil fuel company (coal, oil, natural gas) and especially, those in “The Carbon Underground: The World’s Top 200 Companies, Ranked by the Carbon Content of their Fossil Fuel Reserves.”

“Partial”

An institution or corporation that made a binding commitment to divest across asset classes from some fossil fuel companies (coal, oil, natural gas), and especially those in “The Carbon Underground: The World’s Top 200 Companies, Ranked by the Carbon Content of their Fossil Fuel Reserves”, or to divest from all fossil fuel companies (coal, oil, natural gas), and especially those in “The Carbon Underground: The World’s Top 200 Companies, Ranked by the Carbon Content of their Fossil Fuel Reserves”, but only in specific asset classes (e.g. direct investments, domestic equity)

“Coal and Tar Sands”

An institution or corporation that made a binding commitment to divest (direct ownership, shares, commingled mutual funds containing shares, corporate bonds) from any coal and tar sands companies.

“Coal only”

An institution or corporation that made a binding commitment to divest (direct ownership, shares, commingled mutual funds containing shares, corporate bonds) from any coal companies.