Yale rolls out 5 principles for endowment on fossil-fuel investing

Yale rolls out 5 principles for endowment on fossil-fuel investing
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Yale University's board of trustees approved a new set of five principles to guide decisions regarding potential fossil-fuel divestment in its $31.2 billion endowment.
The principles, applicable to fossil-fuel producers and companies, state that they should neither explore for, produce, or supply fossil fuels that result in high greenhouse gas emissions when there are feasible alternatives; should operate in a manner consistent with best industry practices to reduce those emissions; support sensible government regulation and industry self-regulation; support accurate climate science; and provide transparency to Yale and Yale's managers regarding all those practices.

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