Tufts University to End Direct Investments into Coal and Tar Sands

Link: https://www.ai-cio.com/news/tufts-university-end-direct-investments-coal-tar-sands/


Tufts University joins the growing number of colleges that have pledged to end direct investments into coal and tar sands companies. The decision comes after a review from an internal school sustainability committee. 

A list of 120 of the largest energy firms will be banned by the $1.9 billion endowment, the university said Wednesday. At the moment, the school has no direct investments into the excluded companies, though the list will be reviewed and updated every year.

Author(s): Sarah Min

Publication Date: 11 February 2021

Publication Site: ai-CIO