“I think the investment office is going to go the extra mile,” Jonathan Macey, a Yale law professor who chairs the advisory committee on investor responsibility, said in an interview.
Past Positions
The university has taken positions on issues in the past, from apartheid in South Africa to climate change. In 2016, Yale said it sold less than $10 million in investments in fossil-fuel companies that were “inconsistent with our principles” of a sustainable environment.
The university, based in New Haven, Connecticut, has the second-largest endowment in higher education, and its longtime chief investment officer, David Swensen, holds considerable sway in the investment world.
This article provided by Bloomberg News.