A college in New England will reduce its endowment’s fossil fuel holdings to zero over time and invest in energy transitions as part of its plan to address the ongoing climate crisis.
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.
Twelve investment consulting firms have launched the Net-Zero Investment Consultants Initiative with the goal of achieving global net zero greenhouse gas emissions by 2050 or sooner, according to an announcement.
A foundation in the Midwest has named an investment director as deputy cio effective immediately and he will succeed its v.p. and cio next year after he retires.