Britain's LSE to reduce investments in coal, tar sands

The London School of Economics and Political Science has joined a growing number of institutions that have committed to divest from fossil fuels. In its socially responsible investment policy, the university said it would not make direct or indirect investments in equities or bonds issued by companies engaged in the extraction of thermal coal and tar sands, the most polluting of fossil fuels. "The school will seek to progressively reduce its investment in funds which indirectly place its endowment in companies significantly engaged in the extraction of thermal coal and tar sands," it added. Read More http://ift.tt/1ljHotC

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