The university’s special committee on investment responsibility has decided to take no action on a student-led proposal to divest its endowment from companies supporting the Israel Defense Forces.
The advocacy group and peer network is looking for endowments and foundations to participate in the latest cohort of its impact investment benchmarking program.
The proposed policy would expand the funds’ divestment from fossil fuel reserve owners and exclusion of upstream fossil fuel investments in private markets to cover midstream and downstream infrastructure, such as pipelines and distribution terminals.
The university voted against a student-led proposal to divest its endowment from companies involved in the Israeli occupation of Palestinian territory.
The university’s board of trustees voted against a proposal to divest from weapons manufacturers and other companies involved in the Israel-Hamas war last week.
The university will consider a proposal to divest its endowment from companies that facilitate the Israeli occupation of Palestinian territory at its October meeting.
The university has formed an ad hoc committee to review a petition to divest its endowment from companies financially benefiting from the Israel-Hamas war.
The college decided against student and faculty proposals to divest its endowment from companies supplying military equipment used by Israel in the current campaign in Gaza.