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University of British Columbia faculty eyes fossil-fuel divestment for endowment
trueUniversity of British Columbia Faculty Association members early next year will vote on whether to ask the university's board of governors to divest its C$1.35 billion (US$1.19 billion) Vancouver-based endowment's holdings in fossil-fuel stocks within five years.
Students sue Harvard over fossil-fuel investments
trueA group of seven Harvard University students filed a lawsuit Wednesday against Harvard University and Harvard Management Corp. among others demanding the university divest all of its holdings in fossil-fuel companies.
U.S.-domiciled socially responsible investing assets jump 76% in 2 years
trueU.S.-domiciled sustainable, responsible and impact investing assets under management were up to $6.57 trillion at the beginning of 2014, an increase of 76% from two years previously, said a report from the US SIF Foundation.
American University endowment mulls fossil-fuel divestment
trueAmerican University's board of trustees could vote at its meeting next week on divesting fossil-fuel holdings from the university's $550 million endowment fund.
Taking a more proactive approach to socially responsible investing
trueMany non-profit organizations with growing endowments and foundation investments pools can use SRI to make impactful contributions to their mission and work.
Mercer posts listing to replace Metrick
trueMercer is seeking a senior consultant to lead its responsible investment business in the U.S. in a move to replace Craig Metrick, who joined Cornerstone Capital.
Chart Central: ESG's momentum
trueEnvironmental, social and governance factors continue to gain ground among U.S. and European asset owners.
Panelists talk about responsible investment at WorldPensionSummit
truePension funds around the world should do more to improve the markets and the planet, thereby improving sustainability and potentially helping to restore trust in the financial system.
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trueThe woman at the helm of the United Nations-supported Principles for Responsible Investment and her team are on a mission to get asset owners to use their influence — and trillions of dollars in collective assets — to bring responsible investment into the mainstream, flex their engagement muscles ...
Money managers create firm to cater to Catholic investors
trueSome big names in institutional investing have joined forces to provide Catholic-affiliated pension funds, endowments and other non-profit organizations with money management that follows the tenets of their faith.
Lofty ambitions require sharp teeth for PRI
trueIn order to continue the fight toward a sustainable future, the United Nations-supported Principles for Responsible Investment must grow sharper teeth, its leadership maintains.
McKnight Foundation hires Mellon for carbon efficiency strategy
trueMcKnight Foundation, Minneapolis, hired Mellon Capital Management to run $100 million in a U.S. equity carbon efficiency strategy.
AP2 to divest from coal, oil and gas companies
trueAP2, Gothenburg, Sweden, is to divest from coal and oil and gas production companies to reduce its financial risk in fossil-fuel-based energy, said a spokeswoman.
MSCI launches fossil-fuel free indexes
trueMSCI introduced Thursday a set of indexes excluding fossil-fuel companies.
Calvert Investments names new CEO
trueJohn Streur Monday was named CEO of Calvert Investments.