For Immediate Release
Phone: (202) 670-5345
Clinton Foundation Should Also Divest Its Fossil Fuel Holdings
NEW YORK, NY. - 350 Action, the political arm of climate organization 350.org that has supported the fossil fuel divestment movement, is celebrating today’s announcement that the Clinton Foundation will stop receiving corporate donations if Hillary Clinton is elected President, and urging the Foundation to go a step further by divesting all of its holdings in fossil fuel companies.
“The Foundation’s pledge to stop taking corporate money is a good first step, but it’s investments in fossil fuel companies still pose a conflict of interest,” said Katie McChesney, a spokesperson with 350.org. “Whether or not Hillary Clinton is elected president, the Clinton Foundation should recognize the moral imperative of divesting from fossil fuels. Companies like ExxonMobil are destroying the very world that the Foundation is set up to help.”
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350 Action is the independent political action arm of the non-profit, non-partisan climate justice group 350.org.