The proposal and this website were created by five students in the spring of 2015. The proposal was submitted to the Investment Office on March 12, and we hope the board of trustees will discuss it during their meeting this summer.
The proposal was a response to Oberlin College’s new divestment policy, released in the fall of 2014. The policy solicits divestment proposals that meet three conditions:
- the investment supports activities that materially contribute to conditions that shock the conscience;
- divestment is likely to have significant financial, reputational, or other adverse impacts on the target of the divestment that may influence its behavior or the behavior of other similarly situated entities; and
- the proposed divestment will be generally understood by and acceptable to the greater Oberlin community, based on the Board’s best understanding of the community’s opinion.
We believe that fossil fuel divestment fulfills these conditions. Furthermore, we believe that it’s crucial Oberlin divests in a timely manner before its peer institutions.