The proportion of global investors committing to net-zero carbon emission portfolios is growing, but many investors around the world are temporarily slowing down their decarbonization efforts, largely in response to the Russia-Ukraine war, according to a recent survey.
A fund in the Great Plains region is in the process of divesting its portfolio’s exposure to Russian securities, which are primarily held within its international equity and absolute return portfolios.
A university in the Midwest will look to divest its exposure to Russian investments within its long-term portfolio, while pledging to make no further investments in the invading country.
U.S. institutional investors continue to commit to divesting from Russian investments or at least monitor those investments in the face of that country’s ongoing invasion of Ukraine.
New Jersey Governor Phil Murphy signed legislation yesterday that prohibits government dealings with businesses associated with Russia or Belarus, as pension funds across the country continue to address their exposure to the country two weeks after its invasion of Ukraine.
The push to divest U.S. institutional assets from Russian holdings has gained widespread adoption across the country – how to divest is the next hurdle investors face.