{"id":31733,"date":"2019-07-05T07:00:43","date_gmt":"2019-07-04T20:30:43","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=31733"},"modified":"2024-10-02T11:11:07","modified_gmt":"2024-10-02T01:41:07","slug":"national-trust-fossil-divestment-mb1122","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/national-trust-fossil-divestment-mb1122\/","title":{"rendered":"Europe&#8217;s Largest Conservation Charity Dumping Fossil Fuel Investments"},"content":{"rendered":"<div id=\"attachment_31735\" style=\"width: 1034px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" aria-describedby=\"caption-attachment-31735\" class=\"size-large wp-image-31735\" src=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/07\/national-trust-divestment-1024x538.jpg\" alt=\"National Trust fossil fuel divestment\" width=\"1024\" height=\"538\" srcset=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/07\/national-trust-divestment-1024x538.jpg 1024w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/07\/national-trust-divestment-300x158.jpg 300w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/07\/national-trust-divestment-768x403.jpg 768w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/07\/national-trust-divestment.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><p id=\"caption-attachment-31735\" class=\"wp-caption-text\">Image: National Trust<\/p><\/div>\n<p>National Trust announced yesterday it will divest from all fossil fuel companies within the next three years, as it continues its own journey towards 50% renewables by 2020.<!--more--><\/p>\n<p>Founded in 1895, National Trust cares for more than 1,250 kilometres of coastline and over 248,000 hectares of land; plus hundreds of\u00a0 historic houses, castles, ancient monuments, gardens, parks and nature reserves in England, Wales and Northern Ireland. It&#8217;s funded by members, donors, volunteers, grants and engages in some commercial activities.<\/p>\n<p>It&#8217;s not exactly scratching for cash &#8211; the organisation has stock market investments valued at just over \u00a31bn (~AUD $1.79 billion).<\/p>\n<p>National Trust had previously required no direct investments be made in companies deriving more than 10 per cent of their revenue from the extraction of thermal coal or tar sands oil. The Trust&#8217;s fossil fuel investments make up around 4 per cent of its current portfolio (so around \u00a340 million), but the organisation has decided that&#8217;s still too much.<\/p>\n<blockquote><p>\u201cMany organisations have been working hard to persuade fossil fuel companies to invest in green alternatives. These companies have made insufficient progress and now we have decided to divest from fossil fuel companies,&#8221; <a href=\"https:\/\/www.nationaltrust.org.uk\/press-release\/national-trust-announces-it-will-divest-from-all-fossil-fuel-companies\" target=\"_blank\" rel=\"noopener noreferrer\">said<\/a> National Trust\u00a0 Chief Financial Officer Peter Vermeulen. \u201cWe have set a three-year timescale but expect the majority of divestments will be accomplished in the first 12 months.&#8221;<\/p><\/blockquote>\n<p>Other new investment measures included establishing a long-term goal to further reduce of the carbon footprint of its portfolio, encouraging companies it invests in to lift their environmental performance and to seek opportunities to support green business.<\/p>\n<p>National Trust doesn&#8217;t expect the divestment push to have a negative impact on financial returns and believes its members will be pleased with the decision. It&#8217;s a huge organisation with around 5.2 million members and 60,000 volunteers.<\/p>\n<h2>National Trust And Renewable Energy<\/h2>\n<p>In terms of the Trust&#8217;s efforts to reduce its own energy related emissions, back in 2015 the organisation announced a four-year, \u00a330 million investment in renewable energy projects. It now has hundreds of renewable energy systems in operation for the supply of heating and electricity generation.<\/p>\n<p>Technologies used include <a href=\"https:\/\/www.solarquotes.com.au\/hot-water\/heat-pump\/\">heat pumps<\/a>, hydro, solar energy and wood fuel boilers &#8211; but the latter being green and renewable is <a href=\"https:\/\/www.greenbiz.com\/article\/pulp-fiction-why-wood-dirty-secret-clean-energy\" target=\"_blank\" rel=\"noopener noreferrer\">the subject of some debate<\/a>. Solar power systems are installed on the rooftops or grounds at a number of premises, including castles.<\/p>\n<p>National Trust has set a target to generate 50 per cent of all the energy it consumes from renewable sources by 2020. This isn&#8217;t just about reducing emissions but also saving money &#8211; the organisation was spending nearly \u00a36 million a year (around AUD $10.7 million) on heating and powering its various premises.<\/p>\n<h2>Fossil Fuel Divestment A Trend, Not A Fad<\/h2>\n<p>The fossil fuel divestment movement is continuing to <a href=\"https:\/\/gofossilfree.org\/divestment\/commitments\/\" target=\"_blank\" rel=\"noopener noreferrer\">gain momentum<\/a> &#8211; not just overseas, but also in Australia. In a recent example closer to home, New South Wales\u2019 Inner West Council announced last month it is the first council in the state to be <a href=\"https:\/\/www.solarquotes.com.au\/blog\/inner-west-fossil-fuel-divestment-mb1082\/\"> totally divested from fossil fuels<\/a>. The council has also set targets of carbon neutrality by 2023 and attaining 100% renewables to power its operations by 2025; with solar energy to play an important role.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>National Trust announced yesterday it will divest from all fossil fuel companies within the next three years, as it continues its own journey towards 50% renewables by 2020.<\/p>\n","protected":false},"author":17,"featured_media":31735,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-31733","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Europe&#039;s Largest Conservation Charity Dumping Fossil Fuel Investments<\/title>\n<meta name=\"description\" content=\"National Trust will divest from all fossil fuel companies within the next three years, as it continues its own journey towards 50% renewables by 2020.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.solarquotes.com.au\/blog\/national-trust-fossil-divestment-mb1122\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Europe&#039;s Largest Conservation Charity Dumping Fossil Fuel Investments\" \/>\n<meta property=\"og:description\" content=\"National Trust will divest from all fossil fuel companies within the next three years, as it continues its own journey towards 50% renewables by 2020.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.solarquotes.com.au\/blog\/national-trust-fossil-divestment-mb1122\/\" \/>\n<meta property=\"og:site_name\" content=\"SolarQuotes Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SolarQuotes\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-04T20:30:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-02T01:41:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/07\/national-trust-divestment.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Michael Bloch\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@solar_quotes\" \/>\n<meta name=\"twitter:site\" content=\"@solar_quotes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/national-trust-fossil-divestment-mb1122\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/national-trust-fossil-divestment-mb1122\/\"},\"author\":{\"name\":\"Michael Bloch\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/person\/66afd571aa00c2e442f0192ebac2f6f1\"},\"headline\":\"Europe&#8217;s Largest Conservation Charity Dumping Fossil Fuel Investments\",\"datePublished\":\"2019-07-04T20:30:43+00:00\",\"dateModified\":\"2024-10-02T01:41:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/national-trust-fossil-divestment-mb1122\/\"},\"wordCount\":533,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/national-trust-fossil-divestment-mb1122\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/07\/national-trust-divestment.jpg\",\"articleSection\":[\"General Solar &amp; 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Initial action, which includes almost complete (99%) disinvestment in fossil fuel extraction, will see the university reduce the carbon intensity of its overall investment portfolio\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"University of Manchester divestment","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/05\/university-manchester-divestment.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/05\/university-manchester-divestment.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/05\/university-manchester-divestment.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/05\/university-manchester-divestment.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/05\/university-manchester-divestment.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":17600,"url":"https:\/\/www.solarquotes.com.au\/blog\/coal-divestment-jhu-mb0364\/","url_meta":{"origin":31733,"position":1},"title":"Johns Hopkins University To Divest From Thermal Coal","author":"Michael Bloch","date":"December 14, 2017","format":false,"excerpt":"One of the USA's leading research universities, Johns Hopkins, has hopped on the coal divestment bandwagon after ongoing pressure from a student group. The institution's board voted last week to direct the University to stop buying the stocks and bonds of companies that produce coal for electricity generation as a\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"coal divestment","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/12\/coal-divestment.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/12\/coal-divestment.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/12\/coal-divestment.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/12\/coal-divestment.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":30870,"url":"https:\/\/www.solarquotes.com.au\/blog\/inner-west-fossil-fuel-divestment-mb1082\/","url_meta":{"origin":31733,"position":2},"title":"Inner West Council Dumps All Fossil Fuel Investments","author":"Michael Bloch","date":"June 5, 2019","format":false,"excerpt":"New South Wales' Inner West Council announced yesterday it is the first council in the state to be totally divested from fossil fuels. Inner West is a local government area in inner western Sydney. The LGA's population is more than 182,000 and its suburbs include Balmain, Leichhardt, Rozelle, Marrickville and\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Fossil fuel divestment - Sydne","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/06\/fossil-fuel-divestment.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/06\/fossil-fuel-divestment.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/06\/fossil-fuel-divestment.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/06\/fossil-fuel-divestment.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/06\/fossil-fuel-divestment.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":36930,"url":"https:\/\/www.solarquotes.com.au\/blog\/fossil-fuels-media-mb1389\/","url_meta":{"origin":31733,"position":3},"title":"More Media Pressure On The Fossil Fuel Industry","author":"Michael Bloch","date":"January 31, 2020","format":false,"excerpt":"An Australian superannuation fund takes out a full page print ad to push fossil fuel-free super, while a major media outlet says it will no longer take ad cash from fossil fuel companies. Superannuation can be a very confusing thing and for the climate-conscious poses an ethical dilemma - where\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Superannuation and fossil fuels","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/01\/fossil-fuel-super.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/01\/fossil-fuel-super.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/01\/fossil-fuel-super.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/01\/fossil-fuel-super.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/01\/fossil-fuel-super.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":37751,"url":"https:\/\/www.solarquotes.com.au\/blog\/unisuper-divestment-fossil-fuels-mb1423\/","url_meta":{"origin":31733,"position":4},"title":"UniSuper Urged To Dump Fossil Fuel Investments","author":"Michael Bloch","date":"February 27, 2020","format":false,"excerpt":"One of Australia's largest superannuation funds is under increasing pressure to completely divest from fossil fuels. UniSuper is the default super fund for those working in Australia's higher education and research sectors. It has more than 450,000 members and $85 billion in net funds under management. In a November 2019\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"UniSuper fossil fuel divestment","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/02\/unisuper-divest.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/02\/unisuper-divest.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/02\/unisuper-divest.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/02\/unisuper-divest.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/02\/unisuper-divest.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":43275,"url":"https:\/\/www.solarquotes.com.au\/blog\/arena-funding-reactions-mb1688\/","url_meta":{"origin":31733,"position":5},"title":"ARENA&#8217;s New Funding: Reactions","author":"Michael Bloch","date":"September 18, 2020","format":false,"excerpt":"The Morrison Government yesterday announced new long term funding for the Australian Renewable Energy Agency - and an expanded focus that includes dabbling in fossil fuels. The Agency was established under a Labor Government back in 2011 with support from the Liberal-National Opposition. Its stated purpose is to: \"improve the\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"ARENA funding","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/09\/arena-funding.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/09\/arena-funding.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/09\/arena-funding.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/09\/arena-funding.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/09\/arena-funding.png?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/31733","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=31733"}],"version-history":[{"count":15,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/31733\/revisions"}],"predecessor-version":[{"id":87189,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/31733\/revisions\/87189"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/31735"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=31733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=31733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=31733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}