Stanford University, which has the fourth-largest endowment of any American college, will stop directly investing in coal mining companies. The university announced its limited divestment plan Tuesday citing decades-old investment principles that tell Stanford’s trustees to make as much money as they can but also give trustees the option to avoid investing in companies that “create substantial social injury.” The burning of coal is considered a major contributor to global climate change. Read more...
10 mai 2014
Stanford University Divests From Coal
Commentaires