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Barnard Columbia Divest is part of the nation-wide divestment campaign launched by 350.org.
Whether the next school to divest is Harvard University, where 72percentt of the student body voted to demand divestment, or a rural, southern school like Clemson University, both now have plenty of market data to consider.
The first reason to divest is, of course, profitability.
Another reason to divest is to increase employee productivity and morale.
Today, the pile of assets that Citi plans to sell or divest is down to $337 billion, less than half of its peak of $827 billion in early 2008.
Chris Hayes, the host of a program on MSNBC who is young enough and smart enough to have caught the reference instantly, said on Twitter that " 'invest, divest' is the most crypto-radical line the president has ever uttered".
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Divestment, and legal imperatives to divest are powerful tools to compel change.
That Syracuse University doesn't have any direct investments in fossil-fuel related stocks from which to divest was a minor detail that went unreported.
The decision to divest was made by the Yale Corporation, Yale's governing board, at its February 11 meeting, based on a recommendation by the Corporation's Committee on Investor Responsibility, following receipt and review of a report by the University's Advisory Committee on Investor Responsibility (ACIR).
Divesting is a daunting process.
Divesting is just good common sense.
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