Kathryn “Kat” A. Taylor ’80, a member of the University's second highest governing body, publicly called on Harvard to divest from fossil fuels Wednesday afternoon.
Kathryn “Kat” A. Taylor ’80, a member of the Board of Overseers—the second highest governing body of the University— publicly called for Harvard to divest from fossil fuels Wednesday afternoon.
Protesters called on Baupost—which holds $931 million of Puerto Rico’s debt—to cancel its holdings in Puerto Rican bonds and demanded Harvard divest $2 billion from Baupost.
Both a major investor and an educational institution, Harvard seeks to strike a difficult balance between considering ethical responsibilities while remaining apolitical.
The protest forms part of a series of protests calling on higher education institutions to divest from financial groups with significant Puerto Rico debt holdings.
After a Harvard Management Company official said that the natural resources portfolio is "pausing" investments in fossil fuels, the University maintained that the remarks did not represent a change in investment strategy.
I think it is fair to say that the US government is now wholly owned subsidiary of ExxonMobil and the Trump Organization of course,” said environmental activist Naomi Klein.
Students have launched a new effort urging Harvard to divest—this time taking aim at the University’s holdings in private prison stocks.
Isa C. Flores-Jones ’19 speaks in front of University Hall during Divest Harvard’s rally on Wednesday afternoon. Divest Harvard members blockaded the doors to the administrative building as a part of their protest to pressure Harvard to divest university endowment from coal and fossil fuel companies.
Divest Harvard is planning to occupy Massachusetts Hall next week in protest of Harvard’s decision not to divest from the coal industry.