Reinvest Vanderbilt in The Tennessean

Reinvest Vanderbilt in The Tennessean

Reinvest Vanderbilt Co-Chair Sommers Kline and SPEAR’s Vice President of Recycling Patrick Burton have a great letter in The Tennessean calling on the Board of Trust to take up reinvestment at their November 2013 meeting. “We are asking the Board of Trust to make a formal pledge to strive for a socially responsible endowment, including a promise to no longer invest directly in fossil-fuel stocks. If there are currently no direct investments of the Vanderbilt endowment in fossil-fuel stocks, the pledge would be largely preventive for future investments. If there are direct investments in fossil-fuel stocks, it probably would be an insignificant portion of the endowment.”

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