"Georgetown To Divest Endowment From Coal Companies"

"Georgetown University's board of directors approved a plan Thursday to divest its endowment from coal companies.

The Washington, D.C., university said its endowment — worth $1.5 billion — does not include many investments in coal to begin with, but that divesting now, and taking steps to prevent future investments, aligns with the school's Jesuit background.

“The work of understanding and responding to the demands of climate change is urgent and complex," Georgetown President John DeGioia said in a statement. "It requires our most serious attention. As a university community, we can best respond to this evolving and ongoing challenge when we acknowledge the tensions embedded in this work — and the variety of perspectives that are present in this moment.""

Devin Henry reports for The Hill June 4, 2015.