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OUR PROGRESS

In September 2022, Princeton University announced it would divest its endowment from publicly traded fossil fuel companies, a historic achievement for activists who have been working for years to convince the University to divest. Here are the key moments that have gotten us to this point:

 

  • On February 16th, 2022, Divest Princeton filed a legal complaint with the New Jersey Attorney General, urging them to compel Princeton University to fully divest from fossil fuels.

  • At the CPUC meeting on March 21st, 2022 the Administrative Committee made a presentation detailing previously unreleased information about Princeton's interactions with fossil fuel companies and investments in the industry: key slides

  • On September 29th, 2022, Princeton announced divestment from publicly traded fossil fuel companies and dissociation from 90 companies. Divest Princeton was not mentioned in the statement. Divest Princeton released a press release later that day. Princeton's $700 million of private equity fossil fuel investments were not affected by the decisions and companies like BP and Shell continue to sponsor energy research on campus. Fossil fuel companies including Exxon are also still recruiting on campus.

Companies subject to dissociation

* Indicates the University has existing or recent relationships that involve a financial component with this company. 

  • Adaro Energy Indonesia Tbk PT*

  • AES Corp.

  • Agritrade Resources Ltd.

  • ALLETE, Inc.

  • Alliant Energy Corp.

  • Anyuan Coal Industry Group Co. Ltd.

  • Arch Resources Inc.

  • Banpu PCL

  • Bathurst Resources Ltd.

  • Beijing Energy Holding Co. Ltd.

  • Beijing Haohua Energy Resources Co. Ltd.

  • BlackGold Natural Resources Ltd.

  • Canadian Natural Resources Ltd.*

  • Cenovus Energy, Inc.

  • China Coal Energy Co. Ltd.

  • China Energy Investment Corp.

  • China National Coal Group Corp.

  • China Pingmei Shenma Group

  • China Qinfa Group Ltd.

  • China Shenhua Energy Co. Ltd.

  • CLP Holdings Ltd.

  • Coal India Ltd.

  • CONSOL Energy, Inc.

  • DMCI Holdings, Inc.

  • Dominion Energy, Inc.

  • Enea SA

  • Exxaro Resources Ltd.

  • Exxon Mobil Corp.*

  • Geo Energy Resources Ltd.

  • Glencore PLC

  • Golden Energy & Resources Ltd.

  • Guanghui Energy Co. Ltd.*

  • Gujarat Mineral Development Corp. Ltd.

  • Hallador Energy Co.

  • Henan Dayou Energy Co. Ltd.

  • Henan Energy and Chemical Industry Group Co. Ltd.

  • Huayang New Material Technology Group Co. Ltd.

  • Idemitsu Kosan Co. Ltd.

  • Ikwezi Mining Ltd.

  • Imperial Oil Ltd.

  • Inner Mongolia Yitai Coal Co. Ltd.

  • Intra Energy Corp. Ltd.

  • Jinneng Holding Shanxi Coal Industry Co. Ltd.

  • Jizhong Energy Group Co. Ltd.

  • Jizhong Energy Resources Co. Ltd.

  • Kinetic Development Group Ltd.

  • Kuzbasskaya Toplivnaya Co. JSC

  • Lubelski Wegiel Bogdanka SA

  • Mechel PJSC (Mechel PAO)

  • Mercator Ltd.

  • Mitsui Matsushima Holdings Co. Ltd.

  • Mongolia Energy Corp. Ltd.

  • NACCO Industries Inc.

  • New Hope Corp. Ltd.

  • NRG Energy, Inc.*

  • Nui Beo Coal JSC

  • Oxbow Carbon LLC*

  • Peabody Energy Corp.

  • Pingdingshan Tianan Coal Mining Co. Ltd.

  • PT Sinar Mas

  • Refex Industries Ltd.

  • Reliance Infrastructure Ltd.

  • Reliance Power Ltd.

  • Semirara Mining & Power Corp.

  • Shaanxi Coal and Chemical Industry Group Co. Ltd.

  • Shaanxi Coal Industry Co. Ltd.

  • Shandong Energy Group Co. Ltd.

  • Shanghai Datun Energy Resources Co. Ltd.

  • Shanxi Coal Import & Export Group Co. Ltd.

  • Shanxi Coal International Energy Group Co. Ltd.

  • Shanxi Coking Coal Group Co. Ltd.

  • Shanxi HuaYang Group New Energy Co. Ltd.

  • Shanxi Lanhua Sci-Tech Venture Co. Ltd.

  • Shanxi Lu’an Environmental Energy Development Co. Ltd.

  • Shanxi Lu’an Mining Industry (Group) Co. Ltd.

  • Shumba Energy Ltd.

  • SouthGobi Resources Ltd.

  • Suncor Energy, Inc.*

  • Sundiro Holding Co. Ltd.

  • Syncrude Canada Ltd.*

  • Tata Power Co. Ltd.

  • TBS Energi Utama Tbk PT

  • TerraCom Ltd.

  • Thoroughbred Resources LP*

  • TotalEnergies SE*

  • Tri-State Generation and Transmission, Inc.

  • Vietnam Nat. Coal Mineral Holding Ind. Corp.

  • Westmore Mining Holdings, LLC

  • Whitehaven Coal Ltd.

  • Xcel Energy, Inc.

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