STATE HOUSE — The University of Massachusetts Foundation will divest its $770 million endowment from investments in coal companies, marking a victory for climate change activists looking to bring financial pressures to bear on carbon emitters.
The UMass Foundation Board, which manages the five-campus system's charitable contributions and endowment, also announced Thursday that it will continue to look for ways to manage endowment funds in a way that promotes "environmental sustainability and so
STATE HOUSE — The University of Massachusetts Foundation will divest its $770 million endowment from investments in coal companies, marking a victory for climate change activists looking to bring financial pressures to bear on carbon emitters.
The UMass Foundation Board, which manages the five-campus system's charitable contributions and endowment, also announced Thursday that it will continue to look for ways to manage endowment funds in a way that promotes "environmental sustainability and so…
