Leonardo DiCaprio joins divestment program pulling away from fossil fuels

By Kate Hassett

Leonardo DiCaprio joins divestment program pulling away from fossil fuels
DiCaprio has joined thousands of others in the fight against global warming, making a serious dent in the fossil fuel industry.

Actor Leonardo DiCaprio’s commitment to curb global warming has long been a significant part of his legacy. Now, he has thrown his weight behind an international push to divest in companies that deal in fossil fuels.

In partnership with over 400 institutions and nearly 2000 individuals across 43 countries, DiCaprio will join a significant group that have pledged to withdraw support from the fossil fuel industry. This move, according to Reuters, will decrease funding by a significant $2.6 trillion.

“Climate change is severely impacting the health of our planet and all of its inhabitants, and we must transition to a clean energy economy that does not rely on fossil fuels, the main driver of this global problem,” said DiCaprio, in a statement released by his foundation.

“After looking into the growing movement to divest from fossil fuels and invest in climate solutions, I was convinced to make the pledge on behalf of myself and the Leonardo DiCaprio Foundation. Now is the time to divest and invest to let our world leaders know that we, as individuals and institutions, are taking action to address climate change, and we expect them to do their part this December in Paris at the U.N. climate talks.”

Image: Reuters

DiCaprio’s push comes just weeks after the actor invested an “undisclosed amount” in a waste management company called Rubicon Global.

This most recent gala held to raise funds for the Leonardo DiCaprio Foundation – which focuses on ocean and wild land conservation, climate change, and the protection of biodiversity, managed to raise nearly $40 million for the group.



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