University endowments are committed to reducing carbon emissions in their portfolios, many with the goal of reaching net-zero by the year 2050, according to a recent webinar.
A Mid-Atlantic university will divest its endowment of all investments in businesses that derive the majority of their revenue from the extraction of fossil fuels by 2025.
A Midwestern religious order is excluding energy-related holdings from its domestic equity investments and applying a “low carbon tilt” to its overall portfolio.
A large foundation in the Northeast will sell taxable bonds to be used for grantmaking to help strengthen mission-critical social justice and creative expression organizations in the wake of COVID-19.