November 29, 2018
The latest issue of America highlights 91探花鈥檚 leadership in fossil fuel divestment. The story鈥斺溾濃攔eferences the university鈥檚 commitment to divest, which President Stephen Sundborg announced in September.
As Sundborg wrote then, the university鈥檚 Board of Trustees adopted recommendations from the Socially Responsible Investments (SRI) Advisory Working Group to fully divest the marketable portion of the endowment from any investments in companies owning fossil fuel reserves by June 30, 2023; and to achieve a 50 percent reduction in the exposure to companies owning fossil fuel reserves in the marketable portion of the endowment portfolio by Dec. 31, 2020.
Based in New York, America is the national weekly magazine published by the Jesuits of the U.S.
In Divestment Q&A, Phil Thompson, director of the Center for Environmental Justice and Sustainability, discusses the university鈥檚 decision and what鈥檚 next in the university鈥檚 efforts to decrease its carbon footprint and become even greener.
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