Members of Divest Harvard, a student organization that calls for Harvard’s divestment from fossil fuel companies, said Monday evening that they were “encouraged” by Faust’s initiatives but still consider there to be a “long way to go.”

Henney H. Sullivan ’15, a member of Divest Harvard, said that he was “troubled” that Faust’s announcement did not address the “political obstruction that stops Harvard research from being implemented.” He added that there were discrepancies in Harvard’s approach to finding solutions for climate change.

Responsible Investment at Harvard Coalition, an activist on-campus organization that advocates for just endowment management practices, similarly praised the decision and “the new direction” laid out by Faust in a statement, while urging vigilance.

“We hope that Harvard’s new commitments to responsible investment will lead to a swift resolution to the conflict between Harvard's plantations in Argentina and the surrounding communities,” the group wrote in a statement.

—Staff writer Christine Y. Cahill can be reached at christine.cahill@thecrimson.com. Follow her on Twitter @cycahill16.

—Staff writer Amna H. Hashmi can be reached at amnahashmi@college.harvard.edu. Follow her on Twitter @amna_hashmi.