A university in New England will not directly invest in companies that explore for or develop fossil fuels and will refrain from indirect investments in funds with holdings in the fossil fuel industry going forward.
Canadian endowments and foundations are looking to real assets and alternatives to continue diversifying their portfolios moving forward, according to a recent study.
A university in Canada has committed to reducing the carbon footprint of its pension and endowment portfolios by 50% by 2030 and achieving full carbon neutrality by 2040.