In Support of Divestment
March 6, 2014Last December, following a 26-3 Student Assembly vote in favor of gradually divesting our $775 million endowment from the biggest carbon-emitting companies, The Spectator offered conditional support for the initiative. We applauded student efforts toward divestment, but questioned whether the December proposal was practicable enough to balance Hamilton’s fiduciary duties with its moral obligations. Following improvements to the divestment proposal and, on the heels of a supportive faculty voice vote, The Spectator now stands behind the Divestment Committee’s most recent letter to the Board of Trustees (see p. 7). More ...