Swarthmore College will not drop fossil fuel stocks from its $1.9 billion endowment, the school’s board of managers announced on Saturday. The board engaged in “extensive preparation, analysis, and robust discussion and debate” leading up to the decision, Gil Kemp, its chairman, said in a statement. Mr. Kemp said, however, that the board was “fully committed to addressing the threat of climate change” through means other than divestment, and issued a statement on campus sustainability and green investment.

May 2, 2015 ・ From The New York Times