Biz Money

Lori Valigra

Source

Mainebiz

Date

11-2-2015

Pages

11

Abstract

In mid-October, 81 of the world's largest companies joined a White House initiative to curb greenhouse gas emissions and to invest in clean energy. Some universities that have been divesting their endowment portfolios from fossil-fuel companies are mentioned, as well as the cost some institutions have incurred as a result of not divesting from fossil fuels. The challenges of doing so are presented.

Subjects

Portfolio management, Asset allocation, Universities and colleges

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