Princeton Divests

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The board of trustees at Princeton University has voted to end its $37.7 billion endowment's financial ties with publicly traded oil and natural companies, becoming the latest — and one of the largest — entities to divest from the fossil fuel industry. The Ivy League university's board said Princeton University Investment Co. (Princo) "will eliminate all holdings in publicly traded fossil fuel companies" as a step toward "achieving a net-zero endowment portfolio."

Topics:
ESG, Corporate Strategy , Low-Carbon Policy
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