Oil Prices Boom Amid Pressure To Divest From Fossil Fuels
The surge comes at a time when many universities have backed away from fossil fuels, divesting from the energy sector following sustained pressure from students and environmental activists concerned about climate change and the ways colleges are contributing to it.
Can Index Funds Be A Force For Sustainable Capitalism?
The investment industry is changing. Among other things, there is growing demand from both retail and institutional investors to align their capital with better environmental and social outcomes, and more resources going into index fund or quasi-indexing products.
Biggest Pension Fund Craves More After Foray Into ESG Assets
The world’s largest pension fund aims to boost and broaden its socially responsible assets after buying them for the first time this year.
As Elites Switch to Texting, Watchdogs Fear Loss of Transparency - The New York Times
In a bygone analog era, lawmakers and corporate chiefs traveled great distances to swap secrets, to the smoke-filled back rooms of the World Economic Forum in Davos, Switzerland, or the watering hole...
Sovereign Wealth Funds Tweak Portfolios For Environmental Risk
Norway's and NZ Super Fund are among those taking the lead The post Sovereign wealth funds tweak portfolios for environmental risk appeared first on DealStreetAsia.
Sovereign Wealth Funds Scaling Down Exposure To Fossil Fuels
Some sovereign investors are reducing their exposure to fossil fuels or seeking clean alternatives to protect their portfolios from rising environmental risk.
Sovereign Investors Tweak Portfolios For Environmental Risk
Some sovereign investors are reducing their exposure to fossil fuels or seeking clean alternatives to protect their portfolios from rising environmental risk.
Sorting Out Impact Investing In A Changing Market
Impact investors seek both financial returns along with social and environmental impact. To achieve this, the impact must be inherent in the business model, meaning that as they sustainably scale on a financial and operational basis, the expected impact scales right along with the business scaling.
Two New Members Appointed To Idaho Endowment Fund
Governor C.L. “Butch” Otter has appointed Mary E. Hughes and Jerry F. Aldape to the nine-member Idaho Endowment Fund Investment Board, with terms ending in 2020 and 2021, respectively. Both appointme...
Norwegian Billionaire Who Made Fortune Polluting Oceans Will Donate Wealth To Clean Them Up
Our oceans may have found an unlikely savior. Norwegian billionaire Kjell Inge Røkke, who accrued his wealth in part through offshore oil drilling, announced this month that he’s donating the majority of his wealth to help save the oceans. Røkke is funding a 600-foot research yacht, which will tackle some of the most pressing environmental concerns of our time ― including how to rescue endangered species and eliminate plastic trash from our big blue seas.