The plan is looking to issue an RFP for a balanced ESG-focused investment option.
New York-based Welton is a global macro and ESG investment manager with $1.3 billion in assets under management.
Appointee reports to global head of sustainable investment and to chief strategy officer.
The two plans have divested from $1.9 billion in securities.
The new head of sustainable investing and corporate responsibility also co-leads the firm’s newly created diversity and inclusion committee.
A university in New England made venture capital and private infrastructure commitments as part of its initiative to commit to positive impact funds related to climate change over the next five years.
The plan will commit $2 billion to the fund as part of its sustainable investment and climate solutions program.
New appointees will support Global Head of ESG Investments Paul LaCoursiere.
The newly created position reports to firm’s co-CEOs.
Appointee is responsible for ESG strategic direction for the U.S. in the newly created position.
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