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University of Toronto Divesting $4B Endowment From Fossil Fuel Investments

by canada.constructconnect.com posted 2weeks ago 94 views
The University of Toronto (U of T) will divest its $4 billion endowment from investments in fossil fuel companies by the end of 2030. UTAM will also allocate 10 percent of the endowment portfolio to sustainable and low-carbon investments by 2025 and based on the current size of the endowment.

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