Students for Renewable Energy meet with WWU Foundation

Western Today staff

Associated Students President Carly Roberts presented on AS divestment efforts to the WWU Foundation board May 16. The presentation included a student-produced video and 75-plus handwritten letters from students, faculty, staff, alumni and community members.

Roberts asked the WWU Foundation Board to commit to an immediate freeze of new investments in fossil-fuel companies and a five-year divestment plan for any existing investments in 200 specific companies. The AS has asked for a decision by the end of 2014.

After the presentation, the Foundation board wanted to hear more, and directly from the students, and an hour-long listening session was held on campus Tuesday, June 3. Five Foundation board members, including Board President Dan Guy and Executive Director Stephanie Bowers, met with a number of Foundation staff, six SRE students and Roberts to discuss details of WWU Foundation’s portfolio manager, Commonfund, and the possibility of a fossil-free portfolio.

SRE began the meeting with brief campaign updates and presented the newly released faculty and staff sign-on letter in support of divestment, which included 100-plus signatories collected in the previous week. The meeting closed with the commitment to continue discussion on divestment at the summer Foundation board retreat later in June.