Brown University Divests 90% of Fossil Fuel Holdings
Brown University sold 90% of its investments in companies that extract fossil fuels and is liquidating the remainder, President Christina H. Paxson said in a letter to the campus community Wednesday.
The president's letter updates the school's efforts to confront climate change, which "may be the single most pressing problem that society faces today," Ms. Paxson wrote.
Scientific evidence is clear that "without a rapid transition away from fossil fuels on a global scale, it will become impossible to avert disastrous consequences for humans and the natural environment worldwide," she said.
By Pension & Investments