Task force calls for UC sustainable investments, rather than divestment

Arya Aliabadi/File
Student campaigns such as Fossil Free Cal, shown here at a protest on Sproul Plaza in October 2013, have been urging divestment from fossil fuel-related companies by the university. The UC Task Force on Sustainable Investing chose not to recommend that the University of California divest funds from fossil fuel companies, instead advocating for sustainable investment.

The UC Task Force on Sustainable Investing chose not to recommend the university divest funds from fossil fuel companies, instead advocating a “framework for sustainable investment” which would consider environmental and social factors.
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Task force recommends sustainable investment to UC Regents

The UC Task Force on Sustainable Investing presented its recommendations Friday to the UC Board of Regents’ Committee on Investments, advocating that the university’s investment portfolio reflect environmental concerns while minimizing explicit discussion of divestment from fossil fuel companies.
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