Jay Not Involved with Rockefeller Fund Plan to Divest from Fossil Fuels
Charleston Gazette - The Rockefeller Foundation, known as the Rockefeller Brothers Fund, announced its plans this week to withdraw all its investments in fossil fuel companies, in an effort to improve the environment. Read
A day before Tuesday's U.N. Climate Summit began in New York City, the $860 million philanthropic group announced that it is joining the divestment movement that began three years ago at Pennsylvania's Swarthmore College.
The Rockefeller Fund is part of a coalition called the Global Divest-Invest Group, which has promised to divest $50 billion of investments from fossil fuel-producing companies.