The Union of Concerned Scientists (UCS) is essentially divested from fossil fuels. We achieved this goal without changing our investment strategy, and upheld our financial responsibility to our donors.
Our experience clearly demonstrates that midsize organizations with a conservative investment strategy can divest from fossil fuel companies with no material change in risk or return objectives. While it took some determination, research, and expert assistance, UCS was able to accomplish this in less than 18 months. Our hope is that sharing our experience will help other organizations step up to the challenge of divesting from fossil fuels.