ESG
Institutional investor incorporation of ESG into investment decision-making processes was down year-over-year, however, foundations and endowments integrated ESG at the highest rate, according to a recent survey.
The university system is considering adding 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.
The firm has appointed a chief responsibility officer effective Jan. 9 to oversee its corporate responsibility and responsible investing efforts.
The plan will receive ESG manager search results in February.
A major public pension in Canada aims to achieve a net-zero portfolio by 2050.
The New York-based venture capital manager has closed its oversubscribed early-stage decarbonization strategy.
New rule allows plan fiduciaries to consider climate change and other environmental, social and governance factors.
The Western-based firm closed its inaugural fund, which invests in early-stage climate tech companies, with approximately $90 million in total commitments, above its $50 million target.
The global group of alternative asset managers has spearheaded a new standard format for ESG-related disclosures for private companies or investors in partnership with top investment firms.
The college is divesting from indirect investments in companies that support fossil fuel development as part of its goal to achieve campus-wide carbon neutrality by 2025.