The new investor responsibility framework was developed to guide the company’s investment approach and align with broader sustainability and social responsibility objectives of its founding institution.
A university and its foundation based in the Rocky Mountains are exiting their small investments in Russian companies in an action to send a message that it stands in solidarity with the people of Ukraine following its invasion last week.
College and university endowments posted “dramatically higher” investment returns in fiscal year 2021, however, the institutions foresee inflation as a longer-term issue posing as a challenge to meet return targets, according to a recent study.
The new guidelines are part of broader recommendations from an investment group focused on climate change to help asset owners to build a ‘net-zero’ portfolio.