Faust sets out University position on divestment

After careful review and lengthy discussion on campus, Harvard President Drew Faust issued a statement making clear that she and the Harvard Corporation do not consider proposals to divest the University’s endowment of holdings related to fossil fuels to be “warranted or wise.” She also cautioned against any impulse to use the endowment as a political tool and said there are more effective ways to address the threat of climate change. Read the full statement here.

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