ESG
The university is still searching for sustainability-focused investments after reaching its initial socially responsible investment goal created five years ago.
The college agreed to prioritize selling all directly owned oil and natural gas wells and two legacy investment partnerships in fossil fuels.
The London-based investment firm focused on energy has acquired a U.S.-based private equity firm focused on sustainability investments.
The foundation has committed to achieving net-zero greenhouse gas emissions for its endowment by 2050 and the strategy centers on investment in climate solutions and other climate-focused strategies as well as engagement with asset managers and others on data, disclosures and decarbonization plans.
The foundation is aiming to allocate at least 5% of its portfolio to emerging managers, while also looking to add climate-solution investments as it looks achieve a net-zero endowment by 2030.
The firm has completed an initial close of its fund targeting sustainably managed forestlands with more than $200 million in commitments.
The global asset manager has raised approximately $1 billion for an energy transition infrastructure fund.
The college’s board of trustees will consider divestment proposals for its endowment at meetings this week.
The firm has revised its due diligence questions around sustainability and diversity, equity and inclusion.
The European manager has released its proprietary sustainable investment scoring and data to the public.
