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The Boston Globe

Metro

Harvard takes steps to promote environment

Six months after announcing that Harvard University would not divest its endowment’s holdings from the fossil fuel industry, its president, Drew Faust, unveiled several new initiatives Monday to strengthen the university’s commitment to environmental sustainability and renewable energy.

Harvard says its endowment will be the first of a US university to sign on to a United Nations-supported organization, Principles for Responsible Investment. The principles do not require Harvard to sell specific funds, but rather provide the university’s fund managers with a method for considering environmental and social factors, from water scarcity to human rights.

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