The University of Michigan Endowment Fund Divesting from Fossil Fuels Andrew Hoffman 2020
PESTEL Analysis
Today, the University of Michigan has $53.3 billion in assets, and nearly 10% of that (4.9% of the value) goes to the Endowment Fund, and they were not divesting from fossil fuels in 2019. I was amazed and upset about this because I am a member of the investment club (Alliance for a Greener UM) and one of my goals is to have at least 51% of our assets be invested in green companies (like EVs
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I’ve been the President and CEO of Michigan’s Endowment Fund since 2009. This year, the university is facing a historic test of our commitment to a cleaner, more sustainable future. Last year, I wrote in my annual report on the impact of the endowment’s strategic plan, “The University of Michigan remains one of the best places on earth for learning, discovering, and leading. The Endowment’s work and contributions, including the university’s commitment to sustainability, reflect our
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I wrote: – First, I’d like to make it clear that I’m not a climate expert. I’m a professor of psychology. However, my perspective as a citizen of this planet will not differ much from the views of the most informed scientists. I believe that divestment from fossil fuels by the University of Michigan is a wise move. my site I’ve been a fan of U-M since 1963, which is the year of my undergraduate degree. Over the last thirty-five years, I’ve
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I am the world’s top expert on The University of Michigan Endowment Fund Divesting from Fossil Fuels Andrew Hoffman 2020 — I write from personal experience — in first-person tense (I, me, my) Keep it conversational and human-centered with small grammar slips and natural rhythm. No definitions, no instructions, no robotic tone. I have been reading and writing for over two decades, publishing over 100 academic and professional articles. Background information on The University
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In my last blog post, I reported on a University of Michigan employee who, during their lunch break, spent two hours researching and writing a three-page persuasive essay arguing for the divestment of the university’s endowment from all fossil fuel companies. The endowment, the largest in Michigan’s history, manages nearly $4.5 billion in endowment income, more than 95 percent of which is invested in U.S. Equity. The endowment has benefited the university significantly, making up about
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Porters Five Forces Analysis
In a surprising decision, the University of Michigan Endowment Fund has announced that it will begin divesting from companies that derive more than 30% of their revenue from fossil fuels. The move, which took place earlier this month, is the latest step towards aligning the fund’s investments with global climate change goals, according to the University’s statement. The announcement is a significant development for a fund that is among the largest in the US, with approximately $76 billion in assets. The decision follows recommendations from two external review comm
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“In November 2019, the University of Michigan, one of the most prestigious research institutions in the United States, voted to divest from companies that fund fossil fuels in their investments. The divestment is a part of a global trend in favor of divesting from fossil fuels, which have been identified as major contributors to climate change. This move came just a few months after a petition by the University’s alumni and faculty resulted in a university-wide vote of no confidence in the fossil fuel industry.