The Student Environmental Alliance (SEA) is a Loyola registered student organization dedicated to working for intersectional justice and environmental sustainability.
What is divestment you may ask? Divesting is the opposite of investing, so this means no longer investing in something in order to allocate your funds elsewhere.
Normally this is done in order to reinvest in something productive and ethical. Divestment normally stems from a negative connotation of having money in questionable investments. How does this apply to Loyola students though?
Currently, Loyola University Chicago has an undisclosed amount of money invested in fossil fuels. You may now be asking, “But I thought Loyola valued sustainability and was an environmentally friendly school?”
Loyola’s student body has asked the same question over the last several years which has now led us to this moment. Your next question then may be, “Does this follow Jesuit values?” — to which we would then answer “no.” The act of investing in fossil fuels is far from following Jesuit values regarding care for the environment or social justice.
There is no bettering of yourself or the individuals around you through investing in fossil fuels. However, there is profit. Through the pursuit of profit it’s possible the values have been blurred.
How can we change this?
As students of Loyola, we have a right to know where our money is allocated and how our school invests its endowment. However, as the university is private, we are robbed of much of the information pertaining to this. At this point, all we can do is urge the school to reverse the wrongs they have done and ask for them to divest from fossil fuels.
Join us, the Student Environmental Alliance, to call for the university and the administration to divest fully from fossil fuels. If we work together to change this flaw, we believe this school will be stronger.
Please sign the petition if you also believe change is needed and that Loyola University Chicago MUST divest from fossil fuels.