The Board of Trustees amended its Statement on Investment Responsibility and approved the Stanford Management Company’s (SMC) first-ever Ethical Investment Framework in its Tuesday morning meeting. In addition, the Advisory Panel on Investment Responsibility (APIRL) — which previously recommended that the University not divest from private prisons and fossil fuels — was dissolved and replaced by committees that will be appointed and convened on an ad-hoc basis.
Board of Trustees announces new ethical investment policies, dissolves former advisory panel
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