Asset Allocation
Boston University Joins Harvard in Divesting From Fossil Fuels
The $3 billion endowment, which eliminated coal and tar sand investments in 2016, will phase out crude oil and natural gas immediately.
The group says the global food system accounts for one-third of the world’s emissions, and it wants institutional investors’ help to engage the highest polluters.
Investors with $315 billion in assets under management commit to setting net-zero goal within a year.
Pat Toomey and Ron Johnson say firms’ CEOs are putting personal views above their fiduciary duty.
A committee seeks to examine government’s pension stewardship ahead of COP26 climate conference.
University’s Academic Senate approves recommendations to shift portfolio to ‘positive sustainability investments.’