MRI/Social Investments
The foundation is seeking an associate director for program-related investments to grow and manage its PRI portfolio.
More than half of institutional investors are requiring or plan to require asset managers to provide portfolio-level exposure to financially material environmental, social and governance risks along with impact and thematic reporting, according to a recent study.
The plan’s contract with its current ESG investment option will expire.
The pushback on diversity, equity and inclusion by the federal government, which plans to investigate whether DEI initiatives at several large universities and foundations are illegal, alongside several state governments has left some nonprofit institutions questioning their mission.
The fund is seeking information on creating a statewide community development financial institution to promote and integrate business development and access to capital opportunities for limited-income and underserved small businesses and communities in the state.
The foundation is launching an impact investment fund dedicated to driving growth and technological advancement in the region through venture capital.
An investment firm focused on climate-related investments has made a strategic investment in a private markets firm that is focused on environmental sustainability.
The endowment is looking to deploy capital in new impact investments targeting change for the nation’s working forests and forest-reliant communities.
Endowments and foundations have increased their interest in responsible investing practices despite expressing less concern about the economic backdrop, according to the preliminary results of an annual study.
The foundation made two $1 million loans as part of its impact investment allocation, which targets 5% to investments that align with its mission.