Princeton ends Fossil Fuel Divestment
June 1, 2026 - For a short time, it seemed like there was a chance Princeton could actually become the climate leader it should have been. But then the walking back started. And now fossil fuel divestment is officially dead. According to Vincent Tuohey, the President of PRINCO, fossil fuel companies "will necessarily play a significant role in the clean-energy transition". Of course the reality is that fossil fuel companies aren't looking to transition.
PRINCO: Update on Net-Zero Endowment Goal
The Daily Princetonian:In reversing divestment, Princeton chooses moral cowardice
Princeton Alumni Weekly: Princeton Reverses Course on Fossil Fuel Divestment
The Daily Princetonian: Princeton University Investment Company walks back divestment from publicly traded oil and gas companies
Our Campaign
We are a coalition of students, faculty, staff & alumni calling on Princeton University to divest its endowment from fossil fuel companies and reinvest responsibly. Divest Princeton calls for an end to fossil fuel-funded research on campus.
In 2022, thanks to a decade of activism, the University announced a partial divestment from the oil and gas industry, pledging to divest its holdings in publicly traded fossil fuel companies. That was a huge step, even if it did not go far enough.
Princeton still had $700 million invested in private fossil fuel companies, which tend to be the worst emitters as they operate out of the public eye and beyond the oversight of financial regulators. It dissociated from a small group of coal companies in 2022 but continued to accept research funding from the oil and gas industry and welcomes recruiters from all these companies to campus.
Since then, Princeton has incrementally walked back both dissociation and divestment culminating with the 2026 abandonment of divestment. This is a betrayal of all Princetin stands for. We continue to call for an end to Princeton’s financial and institutional involvement with the fossil fuel industry. Join us.
The Truth about BP at Princeton
Princeton's 25-year shameful partnership with BP has finally come to an embarrassing end. And now the real nature of the relationship is coming to light. Read more here.
Divest Princeton endorses PIAD's call for Princeton to dissociate and divest its endowment of all holdings in companies that profit from or engage in Israel’s ongoing military campaign, occupation, and apartheid policies. Click here to learn more
Join our campaign and sign your name alongside thousands of Princeton students, alumni, parents, partners, faculty and staff who say it’s time for Princeton to divest from fossil fuels. Learn more about the letter here.
