CLAREMONT, Calif.--(BUSINESS WIRE) -- Press Release: Pitzer College, Apr. 12, 2014
Pitzer College’s Board of Trustees unanimously approved a
new Fossil Fuel Divestment-Climate Action Model during a special trustee
meeting on Saturday, April 5. Pitzer College President Laura Skandera Trombley
and Trustees Robert Redford and Donald Gould made the formal announcement
during a press conference at noon on April 12 at the Los Angeles Press Club in
Los Angeles, Calif. Pitzer College is the first higher education institution in
Southern California to commit to divesting its endowment of fossil fuel stocks.
“I continue to marvel at Pitzer College’s ability to take
risks that pay off and go where many other educational institutions dare not
go,” said Pitzer Trustee Robert Redford. “With student-activists as a
galvanizing force, today’s announcement makes Pitzer the first college or
university in Southern California to divest, and the first to come up with an
innovative solution that other organizations can model.”
Pitzer College’s new integrated Fossil Fuel
Divestment-Climate Action Model:
- Divests virtually all College endowment investments in
fossil fuel stocks by December 31, 2014
- Develops an environmental, social and governance policy to
guide endowment investment decisions
- Creates the Pitzer Sustainability Fund within the endowment
to make environmentally responsible investments
- Targets a 25 percent reduction of the College’s carbon
footprint from current levels by the end of 2016
- Establishes a Campus Sustainability Taskforce to bolster
on-campus measures to promote sustainability
Read the full story: www.in.finance.yahoo.com
Redford is a demented old narcissist who has no clue as to the depravity of his own delusions and worldview.
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