Over 1,330 institutions with over 14.68 trillion dollars of assets have committed to divesting from fossil fuels. 15% are educational institutions.
Below are some of the universities that have fully or partially divested. See the full list of divested institutions at Fossil Free.
2021 UNIVERSITY OF TORONTO U of T announces divestment and new sustainability measures on October 27th. "When a large institution like the University of Toronto decides to take such steps, it is our belief that this will both accelerate the transition to a low-carbon economy and inspire other investors to do the same."
2021 VASSAR COLLEGE Vassar announced it is divesting on October 18th.
2021 LOYOLA UNIVERSITY CHICAGO On October 14th, Loyola announced it was divesting.
2021 REED COLLEGE On October 11th, Reed College confirmed it is divesting from fossil fuels.
2021 DARTMOUTH COLLEGE On October 8th, Dartmouth confirmed it is divesting from fossil fuels.
2021 CALIFORNIA STATE UNIVERSITY The California State University System, the largest in the U.S., decided on October 6 to divest from fossil fuels.
2021 UNIVERSITY OF ABERDEEN Aberdeen University, considered one of the UK’s top academic institutions for petroleum studies, has decided to divest from fossil fuels.
2021:UNIVERSITY OF MINNESOTA Under student pressure, University of Minnesota announces it will phase out fossil fuel investments.
2021: BOSTON UNIVERSITY Shortly after Harvard's announcement, the Trustees of Boston University announced they had voted to divest the university endowment from fossil fuels.
2021: HARVARD UNIVERSITY UPDATE Without mentioning divestment, Harvard announces full divestment: "HMC has no direct investments in companies that explore for or develop further reserves of fossil fuels. Moreover, HMC does not intend to make such investments in the future. Given the need to decarbonize the economy and our responsibility as fiduciaries to make long-term investment decisions that support our teaching and research mission, we do not believe such investments are prudent." An analysis of Harvard's slippery language is here.
2021: YALE UPDATE Yale sets new carbon reduction targets, takes divestment steps
2021: UNIVERSITY OF MICHIGAN After years of student advocacy, protests and calls for action, the University of Michigan will discontinue fossil fuel investments.
2021: RUTGERS UNIVERSITY Rutgers to divest from fossil fuel industry
2021: TRINITY COLLEGE, CAMBRIDGE UNIVERSITY Trinity College Cambridge to dump fossil fuel companies this year
2021: COLUMBIA UNIVERSITY Columbia divests from oil and gas companies
2021: SOMERVILLE COLLEGE, OXFORD Somerville College To Divest By July
2021: PEMBROKE COLLEGE, CAMBRIDGE UNIVERSITY Pembroke College to divest fully from fossil fuel investments by 2023
2021: UNIVERSITY OF VICTORIA, BRITISH COLUMBIA University of Victoria divests $80 million from fossil fuel investments
2021: USC "USC will halt making new investments in fossil fuels and will begin liquidating current investments in an effort to make sustainability a priority."
2020: UNIVERSITY OF CAMBRIDGE "The University of Cambridge aims to divest from all direct and indirect investments in fossil fuels by 2030 as part of the University’s plan to cut its greenhouse gas emissions to zero by 2038, more than a decade before the date set by the UK Government."
school will stop making new investments of endowment funds in fossil fuel companies and will move to withdraw funds already invested in those firms…That decision — which was made by the school’s board of directors — comes amid pressure from students and other activists on campus asking the university to divest as part of the battle against climate change.”
2020: BROWN UNIVERSITY "The University is in the process of selling all of its direct investments and managed funds that focus on fossil fuels, President Christina Paxson P’19 wrote in a March 4 Today@Brown announcement.”
2019: UNIVERSITY OF CALIFORNIA Chief Investment Officer and Chairman of the UC Board of Regents’ investments committee write that the “reason we sold some $150 million in fossil fuel assets from our endowment was the reason we sell other assets: They posed a long-term risk to generating strong returns for UC’s diversified portfolios.” Read more about their decision here.
2017: COLUMBIA UNIVERSITY "The Columbia board of trustees voted to divest from thermal coal producers at its most recent meeting…” Students are now fighting for full divestment from fossil fuels. (see above 2021)
2017: JOHNS HOPKINS UNIVERSITY "The university’s board of trustees voted to divest its endowment from thermal coal...after the Public Interest Investment Advisory Committee (PIIAC) recommend that the University divest from fossil fuels.”
2017: BARNARD COLLEGE "Barnard’s board of trustees voted to accept the Presidential Task Force to Examine Divestment’s recommendation to divest from companies that deny climate change, as well as companies that mine coal and tar sands…”
2016: YALE UNIVERSITY "Chief Investment Officer David] Swensen reported that after months of talking with Yale’s external investment managers about the potential risks associated with investments in coal, oil, around $10 million of the endowment has been removed from two publicly-traded fossil fuel producers.”
2014: STANFORD UNIVERSITY "The Stanford University Board of Trustees announced yesterday that the University will no longer directly invest endowment funds in coal mining companies, making Stanford the first major American university to take such a step.” Fossil Free Stanford continues the fight for full divestment from fossil fuels, namely oil and gas."