Divestment Activists Claim Victory as Harvard Adopts Green Investment Principles

Harvard has become the first American university to sign on to a United Nations-backed code of responsible investment – in a move to assuage a carbon divestment campaign.

Six months after explicitly rejecting calls to divest from fossil fuels, managers of Harvard's $33bn endowment will now be guided by a set of investment principles taking into account environmental and social factors such as water and human rights, the university announced on Monday.

Divestment Activists Claim Victory as Harvard Adopts Green Investment Principles