Christine Y. Cahill
Although the University has signed onto the United Nations-supported Principles for Responsible Investment, sustainability and investment experts cautioned that the voluntary nature of the principles are closer to a statement of values than policy.
More than 100 faculty members from across the University signed an open letter on Thursday urging University President Drew G. Faust and members of the Harvard Corporation, the University’s highest governing body, to divest the University's endowment from fossil fuel companies.
The three-fold endeavor will launch a research-focused Climate Change Solutions Fund, increase sustainability measures on campus, and affirm the endowment’s commitment to environmentally sustainable and socially conscious investing.
Congressman David L. Camp’s tax reform plan could cost Harvard tens of millions of dollars in endowment taxes if passed.
The task force will be chaired by former University Provost Steven E. Hyman, who, during his tenure as provost, helped oversee the creation of the Office of Sexual Assault Prevention and Response.
Weston alleges that Harvard failed to comply with the terms of a 2010 contract which required the University to “remediate” contaminated portions of the 62.5-acre Case Estates property it had agreed to sell to the town.
Richard L. Hall '90 will replace Lane MacDonald ’88-’89, who stepped down in February, less than three months after being promoted to the position.
The documents advertising the sale were posted in Romanian provinces two days after Dragos Lipan Secu, a former contractor for a University subsidiary, was arrested on charges of bribery and money laundering.
Due to a mistake in the way the University reported its employees’ taxable income, approximately 11,000 Harvard employees paid excess income taxes between 2009 and 2013, with the hardest hit contributing several thousands dollars more than they should have.
While a contractor for Scolopax, a Harvard-owned timber company in Romania, Dragos Lipan Secu allegedly conspired with timber sellers to purchase timberland at artificially high prices.
More than 150 students from Harvard and other Boston-area colleges rallied Sunday afternoon at the Weeks Footbridge to continue pressuring their administrations to divest their endowments from fossil fuel companies.
Just hours before the Undergraduate Council Vice President-Elect told The Crimson that he no longer plans to step down, the UC met to approve a change to the bylaws designed to prepare for potential vacancies in the President and Vice President-Elect positions.
About 60 protesters gathered in front of the Smith Campus Center on Thursday afternoon to encourage the University to support the unionization efforts of employees at the DoubleTree Suites by Hilton Hotel Boston, which is housed in a Harvard-owned building.
The National Science Foundation is expected to reduce the number of grants for university research from 11,000 to 10,000 per year after this spring’s federal sequester. How this downsizing will affect Harvard’s School of Engineering and Applied Sciences—which receives 80 percent of its federal monies from NSF, according to school administrators—is still unclear, causing the school to anticipate cuts and to look to finding alternative funding sources.
A landmark labor case argued before the Supreme Court on Wednesday could drastically impact the ways in which unions organize and expand membership, according to legal and labor experts. Officials representing Harvard unions voiced concerns that future organizing efforts could be seriously hindered by the Court’s decision.
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