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 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.