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In February, members of the BFA Budget & Planning Committee (BPC) along with members from the BFA Climate, Science, and Education Committee (CSEC) agreed to create a joint subcommittee to create a resolution calling on CU's retirement fund company TIAA to divest from it's holdings in oil and gas. The group drafted a resolution, BFA-R-2-030122 Resolution for TIAA Divestment & Climate Reinvestment which was introduced at the BFA March 3, 2022 meeting as a notice of motion. The resolution expands on previous BFA resolutions and acknowledges Chancellor Philip DiStefano's 2021 "Call to Climate Action." It also calls on TIAA as the sole administrator of retirement funds available to CU Boulder faculty to make a number of changes to the one Social Choice fund it offers, including developing a more robust selection of funds without holdings in the fossil fuels industry or deforestation-risk companies, and to reinvest in companies that invest in a climate-responsible and socially just transition.

After discussion on the resolution, BFA Chair Tiffany Beechy announced that the BFA would host a seperate session on Thursday, March 17 from 4-5pm via Zoom for further discussion on the resolution. This session will have a faculty focus, but is open to CU Boulder students, staff, and faculty. BFA Representatives and their constituents have until March 31 to send questions, comments, and proposed edits for consideration. Emails and other questions on the listening session should be sent to: bfa@colorado.edu. 

BFA discussion regarding resolution for TIAA Divestment & Climate Justice Reinvestment - March 17, 2022 4-5 p.m.

Zoom Meeting information: 

• Topic: BFA Assembly - Special Meeting re: TIAA resolution**
• Meeting ID: 963 0295 1791

Related BFA Resolutions

• BFA-R-120116 Resolution to address climate change
• BFA-R-1-090519 Supporting youth climate action
• BFA-R-4-110719 Supporting CUSG's Resolution Declaring a Climate Emergency

**Please note in order to join the meeting you MUST be logged into your