Yale University Shapes Its Investment Policy to Address Climate Change

With climate change accounting for the increasing frequency and severity of weather-related disasters, climate mitigation and disaster risk reduction policies are coming under scrutiny. To underscore the importance of reducing our carbon footprint, many institutional fund managers are divesting their portfolios of fossil fuel stocks. Yale University took a more measured approach, performing a carbon audit on each energy firm in its portfolio. Today’s New York Times has a great article on this approach.