As of January, 2021, Columbia University does not hold any direct investments in publicly traded oil and gas companies, and is formalizing this policy of non-investment for the foreseeable future. Recognizing that certain oil and gas companies aim to transition their businesses to net zero emissions by 2050, the University may make an exception to its non-investment policy when a credible plan exists for a company to do so. Together with its 2017 decision to divest from thermal coal, the University’s current investment approach aligns with its considerable academic and research commitment to this essential cause.
This policy was informed by The Advisory Committee on Socially Responsible Investing (ACSRI), a volunteer committee that was established in March 2000 to advise the University Trustees on ethical and social issues that arise in the management of the investments in the University's endowment.
- Read Columbia’s Investment Policy on Fossil Fuels
- Learn about the recent actions and work of the ACSRI
- Read Columbia's 2017 announcement to divestment from thermal coal producers
- Relevant Investment Policies
- Columbia Investment Management Company - The Columbia Investment Management Company (IMC) is a wholly-owned subsidiary of Columbia University. The IMC is charged with managing the bulk of the University's endowments, also known as managed assets.