ESG is about more than the Environment: it’s also about Social Impact and Corporate Governance. Aside from investments in companies that pollute the environment, what other types or categories of investments typically pose a risk or a hazard from an ESG standpoint, and what do you do about them?
Replied Apr 01
This is a great point, and certainly 2020 will be remember as the year that the “social” element of ESG rose in prominence. All signs indicate that social issues will continue to be a focus going i... Show more
We have been altering the portfolio slightly. A couple of years ago, we were a little bit over-allocated to venture (within the private equity portfolio, not at the total plan level). We've been tr... Show more
I would say Hawaii ERS is one of the most diverse I've ever worked at. I'm used to being one of the only females in the room, but here we've got diversity of gender, ethnicity, education, backgroun... Show more
Private equity firms are making fewer new investments in fossil fuels and are pivoting toward renewables. From a purely market standpoint, just how risky are fossil fuel investments going forward?
Replied Mar 22
Among the other trends that Covid-19 may have accelerated is the move away from fossil fuels. It remains to be seen if and how demand rebounds over the next few years, but there are more and more c... Show more
Replied Mar 19
WRS has been fairly active in terms of adding new managers since the pandemic started. We have the flexibility to continue due diligence and make new investments without the requirement of an onsit... Show more
Over the last few years, we have worked to increase the geographic diversification of our portfolio across both public and private markets, committing to funds that operate in higher growth markets... Show more
What criteria, aside from total carbon footprint, do you use to determine whether or not an asset is sustainable or unsustainable?
Replied Mar 15
Fundamentally we believe that the world – from a regulatory and technological perspective – is moving towards one that is lower carbon and eventually net-zero carbon. So, for us, an asset is sustai... Show more
Replied Mar 10
In terms of governance, OCIOs can provide best practices for developing roles and responsibilities for internal staff, committee members, and the OCIO. Proper governance is critical for the efficie... Show more
I started at Rockefeller as a Senior Analyst after completing a three-year analyst program at a fund of hedge funds. One of the things that attracted me to the job opportunity at Rockefeller was th... Show more
Replied Mar 04
In March of last year, SFERS was one of the first US investors to announce our ambition to be a net zero greenhouse gas emissions asset owner by 2050. This reflects an ambition to invest in alignme... Show more