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Kusy Maple Leafs look to past for new logo
TORONTO 鈥?The University of Toronto has become the latest institution to commit to the divestment movement, saying Wednesday that it will sell off all fossil fuel investments in its $4 billion endowment fund by the end of 2030 to help fight climate change.The commitment includes divesting from all direct in stanley isolierkanne vestments in fossil fuels companies within the next year, divesting from indirect exposure to foss stanley spain il fuels through things like pooled investments by 2030, and reaching a net-zero portfolio by 2050.The announcement by University of Toronto president Meric Gertler comes after he rejected a call in 2016 for the university to d stanley termosky ivest, saying at the time that the university would focus on pushing for better carbon disclosure and encouraging companies to reduce emissions. ARTICLE CONTINUES BELOW Gertler said in a letter to the university community that it time to do more. The growing severity of the climate crisis now demands bold actions that have both substantive and symbolic impact. ARTICLE CONTINUES BELOW The university decision to go beyond investor activism toward an outright sell-off of fossil fuel assets comes amid a wave of divestment commitments globally.On Tuesday, Dutch pension giant ABP said it would sell off all of its fossil fuel assets, worth some 15 billion euros, because it didn ;t see enough opportunity to push those companies towards sustainable pra Yzzc BG Chamber celebrates ATHENA, small business award recipients
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发表于 2024-11-11 05:17:23