Goddard College Divests

Third College in Vermont to Move its Endowment to Fossil Fuel Free Accounts

Plainfield, Vt. – Goddard College today announced the finalization of its divestment. This month, the College moved its endowment funds out of fossil fuel investments and into fossil fuel free accounts at Trillium Asset Management in Boston. Goddard is the third college in Vermont, joining both Sterling and Green Mountain College, to divest.

“The divestment from fossil fuel company investments is one action in Goddard College’s long history of taking ‘imaginative and responsible action in the world,’” said Interim President Robert Kenny. “The College’s recent efforts to reduce its carbon footprint have led to a number of energy saving activities, including a proposal to convert our 20, oil burning heating furnaces to a single, centralized, locally-sourced wood chip plant. This divestment is a logical extension of those efforts, and we are proud to finalize its implementation,” he said.

For those interested in learning more about Goddard’s divestment, Interim President Robert Kenny will give a live interview on WGDR/WGDH radio, 91.1FM, 91.7FM, and streaming online (www.wgdr.org) this Thursday, January 15th, at 11:00 a.m.

In related news: bestselling author and environmental activist Bill McKibben will speak about the emerging fossil fuel resistance and climate change at Goddard College in Plainfield, Vermont, on March 1, 2015.

About Goddard College

Initially founded in 1863 as the Goddard Seminary in Barre, Vt., Goddard College moved to its current Plainfield campus and was chartered in 1938 by founding President Royce “Tim” Pitkin. In 1963, Goddard became the first U.S. college to offer low-residency adult degree programs, and now offers accredited MA, MFA, BA, and BFA degree programs from the main campus in Plainfield, and sites in Seattle and Port Townsend, Wash. Goddard’s intensive, low-residency model offers the best of on-campus and distance education, with experienced faculty advisors, rigorous campus residencies, and the freedom to study from anywhere.

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