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Divestment Proposal Rejected, CDCJ Responds

This sky is going to be tainted with air pollution

This sky is going to be tainted with air pollution

Columbia Divest for Climate Justice (CDCJ) posted a statement on their website yesterday evening, responding to Tuesday’s decision from the Advisory Committee on Socially Responsible Investing (ACSRI) to reject fossil fuel divestment.

In the statement, CDCJ notes that they “weren’t exactly surprised” by the decision. They go on to condemn ACSRI for failing to do its job and “demonstrating a devastating lack of courage” in “examining how other Ivy League schools have acted–not realizing that Columbia could be a leader amongst the Ivies.”

The rejection is particularly embittering, they write, because it comes so soon before the Paris United Nations conference on climate change in early December.

Maybe next year ACSRI will do something. Maybe.

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3 Comments

  • Anonymous says:

    @Anonymous Divest form Marco Polo’s Sineurabia Code, instead!

  • Anonymous says:

    @Anonymous Harvard, Yale, and Princeton investors have already stated they will not be divesting.

  • wow says:

    @wow its almost like … the university wants to make money! say it aint so

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