Rockefeller Foundation Commits to Divesting From Fossil Fuels
December 19, 2020
December 19, 2020
NEW YORK, Dec. 19 -- The Rockefeller Foundation issued the following news release on Dec. 18:
The Rockefeller Foundation announces a commitment to divesting its $5 billion endowment from existing fossil fuel interests while refraining from future fossil fuel investments. The Foundation's Board of Trustees recently approved this new policy, prompting the Foundation's investment team to start taking steps that are expected to more than halve its total exposure to fossil fuels to less . . .
The Rockefeller Foundation announces a commitment to divesting its $5 billion endowment from existing fossil fuel interests while refraining from future fossil fuel investments. The Foundation's Board of Trustees recently approved this new policy, prompting the Foundation's investment team to start taking steps that are expected to more than halve its total exposure to fossil fuels to less . . .