Leonardo DiCaprio has long since come out against big oil companies and their effect on the environment. Now in an influential display of force this past fall, DiCaprio and over 2,000 people and 400 institutions have pulled out their funds in fossil fuel companies, representing an extraordinary $2.6 trillion in investments.
Pulling out their investments, or divesting, is part of a global movement to divest funds from fossil fuel industries and invest instead in new climate solutions. According to DivestInvest.org, in only three years since its conception in 2014, more than $3.4 trillion in total assets have moved money out of “planet heating fossil fuels and into climate solutions” (download their full report for the whole text).
In 1998, he created the Leonardo DiCaprio Foundation, whose mission statement is “dedicated to the long-term health and well-being of all Earth’s inhabitants”. The foundation is focused on protecting biodiversity, wildlands, and ocean conservation and most vocally, climate change. His foundation has awarded $45 million worth of grants in over 65 environmental organizations to promote economic sustainability.
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