Harvard to let the United Nations dictate how it spends college endowment money

Campus Reform Reporter

Total Shares
This is the CRO SBAR

  • Harvard is taking a cue from the UN when it comes to their endowment money.
  • University president justifies decision over concern for climate change.
  • Harvard is the first university to adhere to these guidelines.
  • Harvard University has committed to listening to the United Nations (UN) when deciding how to spend the college’s endowment money.

    “Harvard’s endowment will become a signatory to the United Nations-supported Principles for Responsible Investment (PRI),” Harvard President Drew G. Faust announced in an email on Monday.

    “Harvard Management Company will manage Harvard’s endowment consistent with these principles,” she continued.

    PRI instructs supporters to focus on environmental and social impacts, according to a description of the principles on a UN website.

    To adhere to the policy, Harvard will launch a Climate Change Solutions Fund and expand its efforts in the areas of sustainability and climate change, saying that people must “devote” themselves to these issues.

    “Worldwide scientific consensus has clearly established that climate change poses a serious threat to our future,” Faust’s email stated.

    Harvard is the first college to commit itself to these guidelines.

    Harvard did not respond to requests for comment from Campus Reform in time for publication.

    Follow the author of this article on Twitter: @kctimpf

    LATEST TWEETS

    Big Dog
    @kenk22 - 47 min ago

    @campusreform @res416 @y_mdbailey They missed one... http://t.co/3bLo68TeE1

    Dr. #Dude® Kafir™
    @Jesse_sDad - 4 hours ago

    @thedartmouth Hummm... is that before or AFTER he 'democratically' does away with free speech? @campusreform PS. the USA is a 'Republic'

    Dr. #Dude® Kafir™
    @Jesse_sDad - 4 hours ago

    #Dartmouth anti-free speech advocate also wants to do away w/ Congress and go all UK Parliament on us http://t.co/MqesRZF3Ee @campusreform

    Ed Baker
    @EdBaker3000 - 4 hours ago

    @jswifty250 @campusreform @K_Schallhorn I doubt if rapists even care if their victims have a face.

    eB2B_Law
    @eB2B_law - 5 hours ago

    @campusreform Free Webinar: How SMEs can join the content marketing revolution (Joe Pulizzi): http://t.co/JOpHFUKWjI

    eB2B_Mobile
    @eB2B_Mobile - 5 hours ago

    @jones_lauryn @campusreform Free Webinar: How SMEs can join the content marketing revolution (Joe Pulizzi): http://t.co/UYtRn6tEEh

    ?Phoenix
    @Phoenix_RblAll - 7 hours ago

    Progressive college defunds liberal lobbying group for first time in history http://t.co/ifTBPN5xbq via @campusreform

    Shea H. Amorasi
    @Shea_SoCal - 7 hours ago

    Progressive college defunds liberal lobbying group for first time in history http://t.co/SuWCAzZjLz via @campusreform