By Wu Po-hsuan / Staff reporterNational Taiwan University (NTU) plans to divest NT$432 million (US$14.3 million) from six “high pollution” and “high carbon emission” companies by the end of next year, the university’s Student Association said. NTU’s chief financial officer (CFO) told the student group that the school has targeted six companies, accounting for 22 percent of the university’s investments, and has already divested from four of them, NTU Student Association head of sustainability Huang Yu-ting (黃毓庭) said. International groups that track divestments would base their observations on public and official commitments made by the university, she said, urging NTU to make a public announcement. She said that NTU should set guidelines for future investments and that it consider not just profit, but also environmental risks. In the past, the university has invested in companies with the top 12 highest levels of greenhouse gas emissions in Taiwan, Huang said.
