ESG
The proportion of global investors committing to net-zero carbon emission portfolios is growing, but many investors around the world are temporarily slowing down their decarbonization efforts, largely in response to the Russia-Ukraine war, according to a recent survey.
The firm has hired a global head of thematic investing to lead and develop its active thematic investing offering, which focuses on companies that benefit from long-term secular trends.
The firm has hired a partner to support its sustainable growth equity team, which focuses on late-stage venture and growth equity investments in companies that have positive economic and climate outcomes.
The firm has closed its latest fund, a venture capital strategy focused on rejuvenating the ecological health of the world’s oceans, above its initial target.
The fund is reviewing its relationship with a firm that handles private energy, international equity and emerging markets mandates after the state comptroller directed entities to divest their existing holdings from financial companies that boycott energy companies.
The university has issued an RFP seeking specialized services related to reporting and communication of climate-related disclosures for its endowment and operating pools for an inaugural report.
An investment management firm has launched a new ESG-related screen for its funds.
The university recently adopted a formal ESG-related investment policy where the institution takes social and environmental considerations into account in the administration of its investments.
The institution expects its exposure to climate transition solutions to exceed exposure to fossil fuels in the coming years as investment activity in climate transition ramps up and fossil fuel exposure winds down.
The college announced it will eliminate all direct holdings of fossil fuel companies and will not make new investments in private funds that focus exclusively on oil and gas extraction.