Columbia University was founded in 1754, not one of the oldest universities of America, but also one of The highest classification. Due to the fact that its doors were open for more than 270 years, it will be understood that the university has invested in companies throughout the private sector.
This includes even some of the largest dirty energy companies in the world.
In 2021, Columbia University Update her policy Regarding dirty fuel investments. “Colombia will not make any new investments in private funds that invest mainly in oil and gas companies,” the update says.
However, as I mentioned before The spectator ColombiaThe university recently received, then immediately sold the shares of a prominent natural gas company.
According to an official at the University of Colombia, the school remained compatible with the 2021 policy. “We have invested in a special energy fund in 2008, which distributed shares from Riley Explography Permian Inc. To the Investment Management Company in Colombia in January 2025, “the official wrote in a statement.
“Within one day of receipt of shares, IMC sold shares according to the non -investment policy. We are not able to sell shares before the fund manager distributed the shares. This is compatible with investment policies at the university,” says the statement.
However, in Report 2023 From the spectat of Colombia, three projects were revealed in Climate School at Colombia University It was funded by dirty energy companies.
The university was still a partnership with these companies in 2021. The College of International and Public Affairs also received donations from Cheniere Energy, Chevron, Conocophillones, Exxonmobil, Shell and others.
After increasing enthusiasm led to the ESG bubble in the early twenties of the last century, there was a concerted effort in the United States Policy roll It is directed towards strengthening a cleaner and more sustainable future. Despite the road barrier, there were many partnerships that developed to increase the use of solar energy, including Google’s investment on an energy farm.
Meanwhile, many Students have noticed Of the effects High global temperatures.
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Universal, Investments in sustainable energy Climbing climbing. As dozens of countries Work with the United Nations to adapt To the warming climate, dirty energy companies that contribute to increasing heat pollution may continue to face scrutiny.
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