Proposal for tobacco divestment dies without a vote
Board Chair David L. Cohen recognized the detrimental health effects of tobacco, but said that it does not constitute a “moral evil.” According to Penn’s divestment policy, areas being considered for divestment must qualify as “a moral evil implicating a core University value that is creating a substantial social injury.” Cohen also stressed that the Trustees are obligated to the growth and protection of the University’s endowment.













