Divest the University of Puget Sound
I find it unacceptable that 12.5% of the University of Puget Sound’s endowment fund is invested in coal and fossil fuels, contributing over $39 million to an industry that is responsible for devastating climate change.
I call on the Board of Trustees of the University of Puget Sound and its outsourced chief investment officer to commit to the following:
1. Abstaining from all new investments in the Underground 200, including the Filthy 15, and private hydrocarbon companies.
2. Divesting from all current holdings in the Underground 200, including the Filthy 15, and private hydrocarbon companies within five years.
Note: The Underground 200 is an annually updated list of the world's 100 largest coal companies and the world's 100 largest oil and gas companies. The Filthy 15 is a list of the 15 largest and dirtiest coal companies in the United States.