In light of recent articles by the New York Times regarding Swarthmore’s unwillingness to divest from fossil fuels and its limited commitment to the promotion of socioeconomic diversity, the college’s endowment has been under increasing scrutiny from both internal and external critics.
Yesterday, Cambridge Associates, the highest-paid financial advisement firm hired by the college, announced that for the first time it would provide the option of fossil-free portfolios for institutions that wish to divest from fossil fuels. Cambridge advises 71 percent of the largest