MRI/Social Investments
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.
Initiative aims to have 50 endowments adopt a goal of net-zero greenhouse gas emissions by 2050.
Appointee will reinforce firm’s research on climate, strengthen expertise on climate-related topics across sectors.
A university foundation in the South has approved venture capital commitments at its investment committee meetings in February and November.
A university based on the West Coast sold ESG bonds last month to help finance and refinance campus construction and renovation projects.
Nuveen has successfully completed the initial public offering of its core plus impact fund, the firm announced.
