Oil Fund Divests from Fossil Fuels

What is happening? The Rockerfeller Fund, an $860 million philanthropic organization built on wealth from Standard Oil, announced in 2014 that it would divest from fossil fuel companies.

Why is this important? Divestment from fossil fuels is ongoing among University pension systems.

How will this be important? The executive director of the Intentional Endowments Network calls divestment inevitable

Inside Higher Ed | Divestment Gap Emerges