ESG
Firm’s sustainable investment team has over 20 dedicated professionals.
College will phase out its indirect investments in fossil fuels, including real assets funds related to oil and gas extraction, with the goal of completing liquidation of the funds by 2033.
The university is planning to divest its portfolios from direct fossil fuel investments by May 31 and indirect fossil fuel investments by 2030.
The trio began working at the Paris-based firm in March.
New hire will help refine ESG priorities, goals, metrics and criteria and work with investment teams to identify how ESG considerations may be further incorporated into investment processes.
A pension board affiliated with a major church is recommending the denomination add several energy companies to its divestment/proscription list due to involvement in environmental issues.
But some have reservations about ESG, with 75% noting that ESG mutual funds often contain companies that they do not consider socially or environmentally responsible.
University is planning to divest its three investment portfolios from fossil fuels by 2030.
University on track to divest its endowment of all private investments in fossil fuel companies over the next thirteen years, according to a new report.
Investment policy adjustments to include sustainability considerations and a higher corporate bond cap.
