Georgetown Joins Stanford in Divesting Its Endowment From Coal

Georgetown University will no longer make direct investments in coal companies, joining Stanford and other schools that have targeted the industry because of its contribution to climate change.

Georgetown, a Catholic university in Washington with a $1.5 billion endowment, said it will encourage external investment companies that help manage its portfolio to also avoid coal companies. The board’s decision came in response to a student-led campaign seeking divestment from 200 publicly traded companies with the largest reserves of oil, gas and coal.