The privileges that Columbia enjoys as a non-profit institution come with the responsibility to ensure that its resources are put to socially beneficial ends, the Columbia students wrote.
Investments in coal, oil and gas violate each of the three schools' stated missions and pledges to prioritize climate action and research, the complaints say.
Despite the demonstrable financial and social benefits of institutional fossil fuel divestment, the Board has remained steadfast in its support of an industry whose business model is based on environmental destruction and social injustice, the University of Virginia students wrote.
Universities occupy a unique position as a bastion of values and morals the best of society should strive for, said Nicole Xiao, 19, a second-year Columbia student studying climate systems science.
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