The Pitt News

The Cathedral of Learning seen from Schenley Plaza.

Pitt endowment’s first ESG report ‘being finalized’

By Jon Moss, Editor-in-Chief February 10, 2022
The first Environmental, Social and Governance report for Pitt’s $5.7 billion endowment is “in the process of being finalized,” officials said Wednesday.
Pitt, Chatham and Carnegie Mellon students walk down the street with a banner that reads “Divest Now” during Saturday’s “College Climate March.”

Photos: “College Climate March”

By John Blair, Senior Staff Photographer November 15, 2021

About 50 students from Pitt, Chatham and Carnegie Mellon walked the streets from Chatham’s campus to the Cathedral of Learning to protest continued fossil fuel investment from all three schools on...

Dawne Hickton, the chair of the Board’s Ad-hoc Committee on Fossil Fuels, said the committee found that fossil fuel investments will pose a “higher risk” in the future.

Board votes to increase endowment transparency, continue gradual fossil fuel divestment

By Rebecca Johnson and Jon Moss February 26, 2021
Pitt’s Board of Trustees voted Friday to adopt all of the suggestions recommended by its ad-hoc committee studying whether and how the University should divest its $4.2-billion endowment of fossil fuel investments.
Pitt’s Student Government Board, including President Eric Macadangdang, urged the Board of Trustees to immediately divest of fossil fuel investments in a Thursday statement.

SGB slams board report advising slow fossil fuel divestment

By Martha Layne, Assistant News Editor February 26, 2021
Student Government Board slammed a report released last Friday by a Board of Trustees committee which advocated for a gradual divestment from fossil fuels. SGB President Eric Macadangdang, along with the other board members, supports immediate divestment.
Members of the Fossil Free Pitt Coalition staged a February sit-in in the Cathedral of Learning, calling for fossil fuel divestment.

Board fossil fuels committee delivers report

By Rebecca Johnson and Jon Moss February 19, 2021
The report — which the board will consider at its winter meeting next Friday — did not recommend that Pitt completely divest from fossil fuels in the near future and instead outlined strategies for continuing to reduce such investments.
The Fossil Free Pitt Coalition unveiled a billboard Monday morning that it purchased near the intersection of Boulevard of the Allies and Bates Street in South Oakland.

‘The world is watching’: Fossil Free Pitt unveils billboard in South Oakland

By Rebecca Johnson, News Editor February 15, 2021
The Fossil Free Pitt Coalition unveiled a billboard Monday morning at the corner of the Boulevard of the Allies and Bates Street in South Oakland. The billboard features two eyes and the words, “PITT THE WORLD IS WATCHING, DIVEST NOW.” 
Pitt community members voiced their dissatisfaction with Pitt’s Board of Trustees ad hoc committee on fossil fuels at Wednesdays virtual open forum.

Community members urge divestment at open forum

By Nathan Fitchett, Senior Staff Writer October 30, 2020
Pitt community members voiced their dissatisfaction Wednesday evening with the University investing part of its $4.3-billion endowment in fossil fuels and the Board of Trustees committee now charged with investigating whether Pitt should divest.
Members of the Fossil Free Pitt Coalition staged a February sit-in in the Cathedral of Learning, calling for fossil fuel divestment.

Op-ed | Commendable ESG reports will need transparency

Reinvestments, which should be made in consultation with stakeholders like the Fossil Free Pitt Coalition and the Pitt community, should also be outlined in the report.
Protesters sing the popular folk song “We Shall Not Be Moved” on Tuesday in the Cathedral to commemorate the 100th hour of the Fossil Free Pitt Coalition’s sit-in with lyrics changed to be specific to the sit-in.

Fossil Free Pitt to continue Cathedral sit-in indefinitely

By Jon Moss, News Editor February 28, 2020
When protestors from the Fossil Free Pitt Coalition sang “we shall not be moved” at Friday morning’s Board of Trustees meeting, they meant it — literally.
Around 100 students protested in favor of fossil fuel divestment at Friday mornings Board of Trustees meeting.

Board of Trustees unanimously approves formal socially responsible investing process, commits to carbon neutrality by 2037

By Jon Moss, News Editor February 28, 2020
Pitt's Board of Trustees unanimously approved measures to create a formal socially responsible investing process for its $4.3 billion endowment, as well as supporting carbon neutrality by 2037.
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