All 90 companies are being given the opportunity to appeal, Princeton officials said.
following nearly a decade of advocacy by environmental advocates.
considering a bill that would divest the state’s public worker pension fund, valued at $92.9 billion, from fossil fuel companies Princeton has had “existing or recent relationships that involve a financial component” with 8 of the 90 companies targeted for possible dissociation, including Exxon Mobil Corp., Total Energies SE and Syncrude Canada Ltd., the university’s website said.Dissociation means refraining “to the greatest extent possible”
“If a company provides information in a timely manner that resolves the concerns or demonstrates changed behavior moving forward, it could be exempt from dissociation and removed from the list,” Princeton stated.
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