The university will remove investments in energy companies with high carbon emissions and seek out and support investments in technologies that accelerate the transition to a carbon-free energy future.
The firm is launching a perpetual infrastructure strategy that will seek to partner with infrastructure businesses to help drive the global energy transition.
The firm has introduced a free faith-based online investment screening tool that provides access to biblical values data on over 24,000 stocks, mutual funds and exchange traded funds.
The regulatory body proposed amendments to rules and reporting forms for investors to categorize certain types of ESG strategies broadly and require funds and advisers to provide more specific disclosures based on the ESG strategies they pursue.
Massachusetts Treasurer Deborah Goldberg is calling on the state’s legislature to divest its $101.5 billion Massachusetts Pension Reserves Investment Management Board from guns and ammunition for civilian use.
The university has added two commitments as part of its initiative to invest 5% of its portfolio in impact investments, while reducing the carbon footprint of its portfolio over the last two years.
The strategy will focus on investing in growth-stage businesses with proven technology and mission-driven management teams in the areas of planetary health, people health and financial inclusion.
An investment advisor has agreed to a cease-and-desist order, censure and a $1.5 million penalty to settle charges with the Securities and Exchange Commission, which found the firm made misstatements and omissions about ESG considerations in its mutual funds.