On April 5, students from The College of Arts and Sciences and The School of Theology debated divesting the University endowment of holdings in fossil fuel companies.
The debate was co-sponsored by CRE, the Babson Center for Global Commerce, The School of Theology, the Business House, Divest Sewanee, the Office of Environmental Stewardship and Sustainability, and the Student Investment Club.
The group arguing for divestment from fossil fuel stocks included Arthur Jones, T'18, of Thomasville, Georgia; Mallory Graves, C'16, an environment and sustainability major and economics minor from Nashville; and Darby McGlone, C'17, a double major in economics and environment and sustainability from Lakeville, Conn. The group was coached by CRE Assistant Director Andrew Thompson and Divest Sewanee founder Zack Loehle, C'17.
The team arguing that investment options in endowment funds should not be restricted, comprises Michael McCain, T'16, of Little Rock, Arkansas; Mark Flournoy, C'16, an economics major and business minor from Chapel Hill, North Carolina; and Grey York, C'16, an economics major with business and politics minors from High Point, North Carolina. The group was coached by Babson Center Chip Manning and Finance Professor Serkan Karadas.