At a time when the Bill and Melinda Gates Foundation has been under unprecedented pressure to commit to fossil fuel divestment, their annual tax filings were released last week. The filings revealed that the Foundation’s investments in fossil fuels have dropped by almost two-thirds, from a huge $1.4 billion to a significantly less huge $475 million. Almost all of that drop can be accounted for by their decision to shed their portfolio of Exxon Mobil, a whopping $824 million share in the company reduced to naught with the stroke of a pen.
— source commondreams.org