At its May 15, 2019 meeting, the Investment Committee approved the following resolution about sustainable investing proposed by the EIAC:
“The University of Rochester pledges to make no direct investments in companies engaged in substantial production of thermal coal or oil from tar sands, with the understanding that the EIAC will revisit this pledge if the facts underlying this recommendation should change.”
In addition, on the recommendation of the EIAC, the University became a signatory to the Climate Action 100+ coalition.
Read the EIAC report accompanying its recommendation here: May 2019 EIAC Investment Committee report