ESG
The university has finalized the members for its reestablished investment responsibility advisory committee, which advises on the management of its endowment through a social and ethical lens.
The university created the advisory committee to consider ethical issues and Catholic values surrounding investments within its endowment.
A recent executive order directs federal agencies to launch civil investigations concerning DEI policies at private sector institutions, including large universities and foundations.
The university committee, which advises on responsible investment decisions, decided not to refer a divestment proposal to rid the endowment from companies with ties to the State of Israel to a board of trustees subcommittee for consideration.
The university added a commitment to a carbon trading impact fund within its endowment in the fourth quarter.
The recent report surveyed more than 250 managers and institutions using sustainable investment strategies.
The university has rejected student requests to join the boycott, divest and sanctions movement and divest its endowment from companies that do business in or are located in Israel.
The college’s board of trustees decided against a student proposal to divest its endowment from military and surveillance companies.
The governor will consider passing a law that would bar state colleges or universities in the state from considering ESG-related factors when making an investment decision.
The university approved adding a small-cap value equity fund and an all-equity ESG fund as fund options for participants within its defined contribution plan this month.