ESG
The retirement fund approved the addition of an 11% sub-allocation target to a climate transition index in the third quarter.
The plan replaced a domestic large-cap equity fund with a social index fund as the previous manager had been on watch for performance concerns.
The firm launched an actively managed, high-conviction equity portfolio as it recognized the need for a diversified mix of energy sources to meet rising demand.
A new survey finds asset owners and investment managers expect sustainable fund allocations to increase.
Momentum surrounding environmental, social and governance efforts has slowed in the last two years among managers providing data to a recent study from an investment consulting firm.
Mercer’s former head of sustainable investment for the Americas has launched a new institutional investment consultant focused on environmental sustainability and value alignment.
The university is considering replacing an existing ban on securities tied to oil and gas companies within two of its investment portfolios with more flexible environmental and societal impact investment guidelines.
The community foundation merged its long-term, mid-term and socially responsible investment pools this summer to reduce fees, improve performance and strengthen social impact.
The college approved a new investment policy statement that included a directive to divest direct exposures to weapons manufacturers.
The foundation is searching for a firm to design and implement a comprehensive impact-investing strategy for its investment portfolio, including designing allocation models, targets or benchmarks across asset classes around the themes of health, education and the environment.