Responding to calls from students and faculty to have the school divest from companies that profit from fossil fuels, Chancellor Mark Wrighton of Washington University said, “our position has long been that our investment policy will not be…used to support political, social or other agendas.”
Members of the Washington University Graduate Workers Union and Fossil Free WashU held protests at Brookings Hall and Anheuser-Busch Hall Saturday.
Fossil Free WashU recently visited a community in southern Illinois to see the direct effects that fossil fuel extraction has had there.
Members of Fossil Free WashU rallied to protest against Washington University’s decision to not divest from fossil fuel companies, asking the administration to reconsider their policy March 30.
Chancellor Mark Wrighton met with undergraduate representatives from Fossil Free WashU and Washington University for Undergraduate Socio-Economic Diversity to discuss the creation of a transparency committee to increase accountability in the University’s investment, endowment and socioeconomic diversity March 22.
Chancellor Mark Wrighton announced that Washington University will not divest its endowment from fossil fuel companies in a statement Saturday.
As alumni, we write to express our support for the student movement demanding that Washington University break ties with Peabody Energy. Despite a dirty reputation of social injustice and scientific misrepresentation, our alma mater continues to propagate the myth of clean coal and Peabody’s CEO Greg Boyce continues to sit on the University’s board of trustees.
As the movement to divest from fossil fuels and cut ties with Peabody Energy gains popularity, the University and the board of trustees must acknowledge not only the social importance of moving away from fossil fuel, but also the tremendous potential this movement has to improve the appearance, influence and popularity of the University.