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Corporation Committee, Students Discuss Responsible Investing

“I think we made a huge amount of progress,” Raghuveer said.

Before the social choice fund meeting, three members of Divest Harvard, an organization that is asking Harvard to divest its $30 billion endowment from the top 200 publicly traded fossil fuel companies, gave a presentation outlining the importance of divestment to the CCSR’s Reischauer and committee chair Nannerl O. Keohane.

“We were really excited to see the members recognizing how absolutely dire it is that we start addressing climate change,” said Hannah M. Borowsky ’15, a co-coordinator for Divest Harvard. “They weren’t convinced that divestment was the best option, but they were open for discussion.”

According to Borowsky, who is also a Crimson editorial editor, the students told the CCSR members that fossil fuel investment is “morally impermissible” because of its contribution to climate change.“

Overall the atmosphere was very good and productive,” said Ben Franta, a graduate student and co-coordinator for Divest Harvard.

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However, Franta continued, many questions remain, such as determining exactly how the University will  approach divestment if administrators agree to the students’ demands.

Borowsky said Divest Harvard expects to hear back from the Corporation in the next two weeks after Reischauer and Keohane discuss divestment with the rest of the committee.

Galvin wrote in an email on Sunday that the CCSR viewed both meetings as productive and that “there will be further communication around these issues over the course of the semester.”

—Staff writer Nikita Kansra can be reached at nkansra01@college.harvard.edu.

—Staff writer Samuel Y. Weinstock can be reached at sweinstock@college.harvard.edu.

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