Harvard Group Protests Investments in Argentina Logging

A student-led organization says Harvard University endowment investments in two Argentine timber companies are harming the environment and community-development efforts in the South American nation, Bloomberg writes.

The Responsible Investment at Harvard Coalition, which also includes alumni and faculty, said the school’s shares in firm operating timber plantations in Argentina’s Ibera Wetlands undermine its commitment to sustainable investing.

The coalition, formed in 2011, has conducted on-site research of the endowment’s investments in natural-resources firms. Another student-led group has been lobbying the world’s richest university to sell its shares of publicly traded fossil-fuel companies. Harvard President Drew Faust dismissed that campaign this month.