Enbridge Divestment Proposal Portal
Contact
Board of TrusteesWeyerhaeuser Hall 206
62 Macalester Street
St. Paul, MN 55105-1899
651-696-6207
651-696-6500 (fax)
On April 19th, 2021 the Social Responsibility Committee (SRC) forwarded a proposal to divest the college from Enbridge Energy, denounce the Line 3 Oil Pipeline Expansion Project and to create greater transparency in the operation of the college endowment.
On August 23rd, the Board of Trustees responded to that proposal with decisions to: 1) divest of its shares of Enbridge, Inc., and 2) adopt a college investment policy that prohibits new investments that are solely oil and gas asset based. The Board declined to denounce Enbridge or the Line 3 project. Read the Board’s full response here.
The Board of Trustees of the college has created an Ad Hoc Committee to review the proposal and make a recommendation to the full board. The committee members are:
- Karen Brasel ’87
- Robin Colman ’78
- Edward Donkor ’04
- Tim Hart-Andersen P’11
- Seth Levine ’94
- Sandra Ortiz ’97
- Susan Schwartz ’71
Collected Feedback
Comments on the proposal were collected from the Macalester community during May-June 2021.
In addition to collecting feedback online, the ad hoc committee set up several sessions to hear directly from student, staff, and faculty representatives about the proposal. You are invited to watch recordings these webinars to listen to comments and questions presented to the Board of Trustees ad hoc committee. These sessions were held on Wednesday, May 26, 6:30-8 p.m. CDT, and Thursday, June 3, 5:30-7 p.m. CDT.