University News

Adler University Divests from Fossil Fuels 05.19.15
Adler University Divests from Fossil Fuels
05.19.15

Adler University has divested fossil fuels from its investment portfolio in concert with its institutional mission and investment policy supporting socially responsible practice. Adler is one of only 30 higher education institutions to divest from fossil fuels, according to 350.org, which promotes and tracks activity on climate-focused campaigns.

“Our Board of Trustees and our university community expect our investment and financial practices to be consistent with our values,” said Adler University President Raymond E. Crossman. “We know that acquisition and use of fossil fuels is toxic both environmentally and economically, so we have decided not to participate in economic systems which harm our most marginalized communities. Our divestiture is a call for sustainable and socially responsible energy.”

Adler’s investment policy has long prohibited investment in tobacco, firearms, ammunition and military weaponry. On May 14, the university’s Board of Trustees unanimously approved a revision to the policy to also prohibit investment in fossil fuels.

About Adler University

Adler University educates students to engage the world and create a more just society. Established in 1952, the University enrolls more than 1,200 students in master’s and doctoral programs for social change—through its campuses in downtown Chicago and Vancouver, and its online Global Campus. Its mission is to continue the pioneering work of Alfred Adler, the first community psychologist, by graduating socially responsible practitioners, engaging communities, and advancing social justice.

Contact

Jeff Brennan
Associate Director of Media Relations
office: 312.662.4126 | cell: 312.771.0126
jbrennan@adler.edu