Board of Trustees Announces Divestment from Fossil Fuels by 2030

The college will not make any new investments in fossil fuel investment funds moving forward, Board of Trustees Chair Andrew J. Nussbaum ’85 announced in a letter [https://www.amherst.edu/amherst-story/facts/trustees/statements/node/797137] to the community on March 31. The college will also phase out its remaining investments in fossil fuel funds by 2030 and take a more proactive approach to relationships with investment managers. While recognizing that the announcement is a step in the right d

It's Time to Lead, Not Follow

On March 31, Board of Trustees Chair Andrew J. Nussbaum ’85 sent a statement [https://www.amherst.edu/amherst-story/facts/trustees/statements/node/797137] to the college community announcing a new policy to refrain from investment in the fossil fuel industry and, ultimately, phase out all existing fossil fuel investments by 2030. The announcement largely seems to be a response to an open letter [https://amherststudent.com/article/a-letter-to-the-administration-when-will-we-divest] from the Amhe

Sunrise Amherst Responds to Divestment Announcement

Dear President Martin and Board of Trustees, We would first like to thank the Board for the March 31 announcement regarding fossil fuel divestment. We appreciate that the college is listening to and addressing the concerns that student organizers and the campus community have expressed regarding fossil fuels. Divestment is both a financial and moral statement, and we are thus grateful that Amherst is willing to take a public stance against the unethical and destructive fossil fuel industry. Th