Some Recommended Resources
Environmental, Social and Governance Investing:
- Intentionally Designed Endowment Primer: Aligning Investment Portfolios with Institutional
Mission, Values, and Sustainability Goals. Version 5.2. (2017)
https://d3n8a8pro7vhmx.cloudfront.net/intentionalendowments/pages/21/attachments/original/1504700252/Intent-Endowment-Primer_Aug2017.pdf?1504700252 - Environmental, Social and Governance Investing by College and University Endowments
in the United States: Social Responsibility, Sustainability, and Stakeholder Relations.
IRRC Institute and Tellus Institute. (2012)
https://irrcinstitute.org/wp-content/uploads/2015/09/FINAL_IRRCi_ESG_Endowments_Study_July_20121.pdf - The business case for ESG Briefing Paper. Intentional Endowments.
http://www.intentionalendowments.org/the_business_case_for_esg - 2016 NACUBO Commonfund Endowment Study. (2016)
https://www.commonfund.org/news-research/press-release/2015-nacubo-commonfund-study-of-endowments-2/ - 2016 Council on Foundations— Commonfund Study of Responsible Investing Report
https://www.cof.org/content/2016-council-foundations-commonfund-study-responsible-investing - Environmental, Social and Governance Investing by College and University Endowments in the United States: Social Responsibility, Sustainability, and Stakeholder Relations (Tellus and IRRC, 2012) https://www.tellus.org/pub/Environmental%20Social%20and%20Governance%20Investing%20by%20College%20and%20University%20Endowments%20in%20the%20United%20States-Social%20Responsibility%20Sustainability%20and%20Stakeholder%20Relations.pdf
- Fiduciary Duties, and ESG Investing, 42 J.C. & U.L. 247. (2016)
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3149856 - Smith and Smith, 2016 Socially Responsible Investing by Universities and Colleges, 2016, Financial Management. (2016) http://fmaconferences.org/Taiwan/Papers/Smith_et_al-2016-Financial_Management.pdf
Colleges and universities with investment policy:
- Wellesley College: https://www.wellesley.edu/investmentoffice/initiatives
- U Maine:http://www.maine.edu/earth-day-brings-investment-policy-linked-sustainability-ten-year-34-cut-carbon-emissions/
Colleges and universities with a committee or an advisory council that includes faculty, staff and students:
- Berea: http://catalog.berea.edu/en/Current/Faculty-Manual/Campus-Governance/Faculty-Council-and-Committee-Structure/The-Executive-Council/Committee-for-Socially-Responsible-Investing
- Georgetown: https://www.georgetown.edu/new-socially-responsible-investing-policy-2017
- Pittsburgh: http://www.cba.pitt.edu/student_life/socially-responsible-investment-portfolio
Colleges and universities with ESG investment funds that alumni and donors can direct contributions:
- George Washington: https://gwtoday.gwu.edu/student-association-and-university-leaders-announce-creation-sustainable-investment-fund
- Smith: https://www.smith.edu/news/investing-in-environmental-sustainability/ & https://www.smith.edu/president-kathleen-mccartney/letters/welcome-2016-17
- Pitzer: https://www.pitzer.edu/communications/2017/09/21/pitzer-college-and-blackrock-launch-first-ever-esg-focused-fossil-fuel-free-global-equity-index-fund/
- Georgetown: https://www.georgetown.edu/new-socially-responsible-investing-policy-2017
Networks for sustainable investment:
- Global Research Alliance for Sustainable Finance and Investment
https://www.sustainablefinancealliance.org/ - Intentional Endowments Network
http://www.intentionalendowments.org/
Green revolving funds:
- The Virtuous Cycle of Green Revolving Funds
https://www.agb.org/trusteeship/2015/mayjune/the-virtuous-cycle-of-green-revolving-fund - The Billion Dollar Challenge
http://greenbillion.org - Harvard Green Revolving Fund
https://green.harvard.edu/programs/green-revolving-fund - MIT Sustainability Incubator
https://sustainability.mit.edu/campus-sustainability-incubator-fund - Emory Incentives Fund
http://news.emory.edu/stories/2016/12/er_incentive_fund_grants/campus.html
Direct ownership of equities to facilitate shareholder engagement
- “If Black Rock and Vanguard had voted yes…those proposals would have received a majority
of support"
https://5050climate.org/wp-content/uploads/2018/03/5050-Climate-Report-on-Asset-Manager-Votes-030718.pdf?utm_source=newsletter&utm_medium=email&utm_campaign=newsletter_axiosgenerate&stream=top-stories