ESG
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.
The firm has added a green energy infrastructure investment team to its Asia business and the transaction is expected to be completed next month.
The institution approved four new voting guidelines on climate commitments, biodiversity, racial equity audits and cybersecurity in 2022 and has made the guidelines available publicly.
Plan hired its new sustainability program head from the International Finance Corporation.
Report identified emerging risks and key themes to comprehend the challenges and opportunities that corporations and investors may face.
The firm has completed its acquisition of a specialist global ESG and impact fixed-income investment manager, adding approximately $1 billion to its total assets under management.
Many nonprofit investors are increasing their sustainable investment strategies to combat shared concerns related to climate change and carbon emissions, according to a recent report.
The university is looking to invest $300 million of its short-term working capital in the debt securities of high-performing companies that meet a certain ESG rating threshold.
The university system has added a fossil fuel-free passive index strategy to align with its recent mandate to divest its portfolios of direct and indirect investments in fossil fuels.