Thursday, May 22, 2014

Stanford does not expect coal divestment “to impact our endowment returns”

A query from Etopia News to Lisa Lapin, Associate Vice President, University Communications, Stanford University, this morning, asking about the names of the coal companies whose stock will be divested by the University, as recounted here, brought this reply:

“We are not expecting to release a list at any point. Our policies prohibit disclosure of specific investments. The dollar amount will be small and is not expected to impact our endowment returns.”

For more on coal divestment at Stanford, watch three spokespersons for Fossil Free Stanford here.

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