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University Divestment Movement Grows – Cornell and UC System Are Latest Wins

University Divestment Movement Grows – Cornell and UC System Are Latest Wins

Cornell University’s Board of Trustees announced on Friday that the University will make no new investments in fossil fuels, and it is believed that they have been divesting of their previous investments for several years, though the details of their endowment are not public. 

Why This Matters:  The climate movement has been led by young people and one easy focus of their activism is the universities they attend.

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Large Institutions Continue to Get Pressure To Disclose and Divest

Large Institutions Continue to Get Pressure To Disclose and Divest

Senator Elizabeth Warren continues to push for greater transparency in corporate reporting documents so that shareholders and the public can get meaningful information about climate risks facing companies. Similarly, large institutions are also being pressured by shareholders and stakeholders to divest from fossil fuels in order to lower their climate risks.

Why This Matters:  The pressure is having an impact.  Harvard announced last week that its endowment would be “carbon neutral” by 2050 but does not go enough for climate-conscious students, faculty, and alums.

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