MRI/Social Investments
A nonprofit organization in the Midwest has divested its endowment from fossil fuels and selected an investment advisor to manage the portfolio effective July 1.
A foundation based in the Midwest expects to make additional program-related investments later this year after approving a loan for a pharmaceutical and health services startup at its May board of directors meeting.
The executive is diversifying the New York-based company’s investment process.
Faith Investor Services hired Mike Skillman as ceo, effective June 22, the firm announced.
The IKEA Foundation and Rockefeller Foundation are partnering to launch a $1 billion global platform to fight climate change and energy poverty, the foundations announced.
Community foundations are prioritizing diversity and have put an increased emphasis on considering hiring diverse managers for their portfolios, a new study found.
A university in the Mid-Atlantic region will divest from companies that are involved in the thermal coal and tar sands segments of the fossil fuel industry and set a target date to achieve net-zero greenhouse gas emissions within its investment portfolio.
Ninety One has hired a portfolio manager for its thematic equity team
A higher education institution in New England is in the process of decarbonizing its endowment to bring the portfolio in line with its new climate plan of net-zero carbon emissions by 2050.
American Century Investments has appointed Matt Oldroyd as head of corporate sustainability and Patricia Ribeiro as chair of a newly formed sustainability council, the firm announced.