Yale to avoid investing in high-emissions companies
SEP 08, 2014
DOI: 10.1063/PT.5.028236
New York Times : In an effort to address the financial risks of climate change, David F. Swensen, Yale University’s chief investment officer, sent a letter to the managers of the university’s endowment. In it, he asked them to avoid investing in companies that are not actively trying to reduce their greenhouse-gas emissions. Swenson says that does not mean that the university will explicitly divest from such companies at the moment. Yale, whose $20.8 billion endowment is the second largest in the US, has also announced a broader strategy of energy conservation.
© 2014 American Institute of Physics
