5529698153ab13dd4efff65c_IPAA.png

The #DivestmentPenalty

Divestment is a symbolic campaign that carries a high cost for endowments, while having no tangible impact on targeted companies or carbon emissions.

March 23, 2022

A recent Princeton University analysis shows that top U.S. schools continue holding fossil fuel assets despite the divestment movement’s claims that they have been victorious in getting these institutions to divest. The analysis, presented on Monday, March 21st at the Council of the Princeton University Community (CPUC) meeting, is part of the school’s efforts to …

January 26, 2022

Amid vocal calls for divestment, experts and financial leaders continue to affirm that engagement drives change. Endowment decision-makers and asset managers are following this plan for climate action, as their vested interests remain with the energy sector. To continue the cause of finding climate solutions, two cases in point – Harvard President Lawrence Bacow’s non-divestment …

September 30, 2021

Harvard University President Lawrence Bacow has been praised by divestment supporters after releasing a public letter connecting climate change to Harvard’s investment strategy. The trouble is that neither Bacow’s letter, nor his team, ever mentioned divestment. Bacow’s letter shows the need to focus more on solutions than empty gestures, where industry and academia are partners …

September 23, 2021

Earlier today Boston University President Robert Brown made the disappointing announcement by its Board of Trustees to divest from the oil and natural gas industry. This decision is yet another harmful step in the wrong direction in our battle to reduce carbon emissions. Jeff Eshelman, Chief Operating Officer of the Independent Petroleum Association of America, …

View More Blog Posts ›