“We believe hanging on to fossil fuel assets is a financial risk,” explained University of California chief investment officer and treasurer Jagdeep Singh Bachher and UC Board of Regents’ Investments Committee chair Richard Sherman in an op-ed in the LA Times.
Long-term investment and engagement strategies have enabled faith-based investors, many of whom have small portfolios, to get the ear of corporate behemoths like Walmart on urgent social issues.
- Global corporations including Walmart, Estee Lauder and IKEA are putting their brands and supply chains at risk by failing to disclose deforestation risks.
- This year was all about implementation. “Impact needs to be measurable and intentional,” said Harvard’s George Serafeim in the keynote
- With climate change hard upon us, startups are aiming to scale techniques to suck tons of carbon out of the atmosphere
i(x) launched in 2016 to offer impact companies a more patient alternative to traditional venture capital and private equity-type investments. The holding company has now raised $12 million in its own Series A investment round.
- The pension fund is committing $250 million to Impactive Capital, a woman- and minority-run hedge fund that will take an activist approach to responsible, long-term investing.