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The Daily Tar Heel

UNC needs an ethical investment option

TO THE EDITOR:

Those who attended the endowment forum on Wednesday learned that ultimately, the UNC administration feels that the top priority of most endowment stakeholders is maximizing profit, and divestment from coal conflicts with that goal.

As students, we will soon be alumni and hopefully in a position to give back to UNC as donors.

If you care more about the planet than maximizing profits, even for our beloved University, please use your future influence as an alumni donor and only give on the condition that your money be ethically invested.

On Wednesday, we learned that UNC takes the concerns of donors seriously.

Yale University, whose endowment model we follow, gives donors the option to have their contributions only invested in ethical assets.

UNC should similarly work to provide an ethical investment option for its donors.

Zach Ferguson ’14
UNC School of Law

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