2 Universities Divesting from Fossil Fuels

The Universities:

• University of Manchester
• Cornell

How did the Universities take action?

• Manchester updated its Socially Responsible Investment Policy
• Cornell Trustees voted for divestment

Their funds:

• Manchester has 3-5% of its investments in fossil fuels
• Cornell $6.9 billion endowment portfolio
  • 4.2% is in fossil fuels
  • 70% of the university’s assets under investment are run by managers committed to considering

University of Manchester to decarbonise its investment portfolio

Cornell announces moratorium on fossil fuel investments