Boston University’s Advisory Committee on Socially Responsible Investing Proposes Creation of Board Climate Plan

Boston University’s Advisory Committee on Socially Responsible Investing Proposes Creation of Board Climate Plan l BU Today

By: Art Jahnke, April 20, 2016

  • The Boston University Board of Trustees was presented on Friday with a broad-based proposal to expand the University’s sustainability initiatives, as well as a recommendation to divest from companies that continue to explore for new fossil fuel reserves or that extract coal and tar sands. The proposal, put forth by the University’s Advisory Committee on Socially Responsible Investing (ACSRI), also recommends that the University hire endowment investment managers with expertise in renewable energy sources and incorporate a comprehensive Climate Action Plan (CAP) in BU’s Strategic Plan.