The New York State Teachers' Retirement System (NYSTRS)* has an estimated $4.5 billion** invested in climate destroying fossil fuels with over $500,000,000 invested in Exxon Mobil alone. We call on NYSTRS to stop funding climate destruction and divest its funds from all fossil fuels. Continued investments in coal, oil and gas put our climate and the financial stability of our retirement fund at risk.
Save our planet! Save our pension!
Sign the petition to divest the teachers' pension fund
from coal, oil and gas
Why teachers should care
We have a responsibility to our students and to the future. Already superstorms, fire storms, crop destruction, and climate refugees are dramatically changing our world. Our students will have to live in the world we have created. The pension fund is for our future. Let's use it to create a sustainable future for our retirement and for our students.
Watch this wonderful video about divesting from fossil fuels with drawings and narration by youth from Bay Area Earth Guardians Crew and Youth vs Apocalypse.
* NYSTRS had $122.5 billion in assets at the end of 2019 with nearly 264,000 active members and over 169,000 retirees and beneficiaries. NYSTRS members are all full-time teachers, teaching assistants, guidance counselors and administrators employed in New York public schools (excluding New York City), BOCES, and eligible charter schools. Part-time teachers and teachers in New York State community colleges or SUNY may join.
** NYSTRS's investments in fossil fuels were estimated at $4.5 billion last spring before the pandemic. The pandemic and worldwide efforts to reduce carbon emissions are causing the fossil fuel market to tank. Fracking companies are declaring bankruptcy at record numbers and Exxon Mobil is extirpated to lose more than $1 billion this year, compared with profits of $46 billion in 2008.