The firm has promoted a senior engagement specialist as its new head of ESG to integrate ESG issues across its investment strategies as well as investment policies, proxy voting and engagement practices.
The research analyst will conduct due diligence on sustainable investment products and managers as well as develop macroeconomic and capital markets research.
The university has finalized the members for its reestablished investment responsibility advisory committee, which advises on the management of its endowment through a social and ethical lens.
A recent executive order directs federal agencies to launch civil investigations concerning DEI policies at private sector institutions, including large universities and foundations.
The university committee, which advises on responsible investment decisions, decided not to refer a divestment proposal to rid the endowment from companies with ties to the State of Israel to a board of trustees subcommittee for consideration.
The university has rejected student requests to join the boycott, divest and sanctions movement and divest its endowment from companies that do business in or are located in Israel.