Harvard Management Company omits fossil fuel investment figures in climate update
What happened
Harvard Management Company released a climate progress breakdown in October 2026. This update omitted specific figures detailing the share of the endowment invested in fossil fuels and climate-transition projects. The company had skipped publishing an annual report in 2025. The 2026 update replaced past percentage disclosures with a "forward-looking analysis".
From thecrimson.com
Why it matters
Harvard Management Company's investment choices impact its financial operations and the revenue it provides to Harvard College. The omission of specific fossil fuel investment metrics changes the transparency of the company's climate strategy.
From thecrimson.com
Who's involved
- CrimsonAnalyzed the tax returns of Harvard Management Company.
- Harvard Management CompanyAmerican investment management company that released the climate progress breakdown.
- Harvard UniversityPrivate university for which Harvard Management Company acts as an investment arm.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Harvard CollegeSpeculative
Harvard College might see changes in financial revenue depending on the long-term performance of Harvard Management Company's investments.
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The entities involved
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Crimson
New Zealand progamer
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Harvard Management Company
American investment management company
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