Friday, September 26, 2014

UNC Board of Trustees Adopts Proposal to Invest in Clean Energy

The UNC Board of Trustees unanimously adopted the Sierra Student Coalition’s proposal to target clean energy in future investments for the University’s $2.1 billion endowment. The Board resolution encourages the UNC Management Company, which handles the endowment funds, to research investments that advance environmentally-friendly, clean energy strategies. The resolution will not affect current investments in coal-related energy companies. The Sierra Student Coalition led a coal divestment campaign last year that was supported by 77% of voting students.