of divestment by saying:Were we to guarantee a fossil fuel-free endowment more broadly than the 200 companies, greater than half of the endowment would need to be liquidated. In either scenario, the transition would result in significant transaction costs, a long-term decrease in the endowment's performance, an increase in the endowment's risk profile, and thus a loss in annual operating income for the college.
== Notable alumni ==
Bates alumni have included leaders in science, religion, politics, the Peace Corps, medicine, law, education, communications, and business; and acclaimed actors, architects, artists, astronauts, engineers, human rights activists, inventors, musicians, philanthropists, and writers. As of 2015, there are 24,000 Bates College alumni. Bates alumni, including faculty, include 86 Fulbright Scholars; 22 Watson Fellows; 5 Rhodes Scholars; as well as 12 members of the U.S. Congress; The college is associated, through alumni and academic staff, with the following intellectual, scientific, …
