ESG

A college based in Minnesota approved divesting its endowment of public investments in oil or gas companies and barring future allocations to companies or funds invested solely in oil or gas last month.

A university in New England approved a new investment policy last week that will end the investment of its endowment in fossil fuels.

A foundation based in Chicago will divest its investment portfolio from fossil fuel industries and invest more in renewable energy to mitigate the effects of global climate change.

An investment advisor based in the West has hired a as a managing director to support its responsible and sustainable investing approaches.

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.

A foundation based in the South is targeting minority-owned and diverse investment managers as well as ESG strategies within its investment portfolio.