The Chronicle of Higher Education

How One College Decided to Invest More Responsibly

November 21, 2017

Pitzer College is not big, or old, or rich. But students and trustees alike want the liberal-arts college’s modest endowment — $135 million — to be invested in ways that align with its longtime interests in the environment and social responsibility. So the 54-year-old college took an unusual step that could be pivotal for other colleges and nonprofits with similar values: It pioneered a new global-equity-index fund that avoids stocks in fossil-fuel companies and chooses other investments based on how companies act toward employees, communities, the environment, and shareholders. 

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