Georgetown to Divest From Fossil Fuels

Posted in News

(Washington Post, 2/6/20): Georgetown University’s president announced Thursday that the school will stop making new investments of endowment funds in fossil fuel companies and will move to withdraw funds already invested in those firms…. “We are facing the biggest threat that we’ve seen with the climate crisis,” Lucy Chatfield said before the board of director’s vote was announced. “By continuing to invest our endowment in the fossil fuel industry, we are complicit in the climate crisis and we are not taking the opportunity to show real moral leadership.” After the announcement, she said joyfully, “We feel this is an ambitious and a bold step for Georgetown to be taking.” … The school has added academic programs including an undergraduate minor in environmental studies and a business-school certificate in sustainable business. (read the whole article)