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Advisory Committee on Investment Responsibility discusses transparency, communication in public meeting dailynorthwestern.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailynorthwestern.com Daily Mail and Mail on Sunday newspapers.
Duke moves forward on sustainability but stops short of fossil fuel divestment dukechronicle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dukechronicle.com Daily Mail and Mail on Sunday newspapers.
Los aspectos sociales ganan terreno en la inversión sostenible diarioresponsable.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from diarioresponsable.com Daily Mail and Mail on Sunday newspapers.
USC will halt making new investments in fossil fuels and will begin liquidating current investments in an effort to make sustainability a priority, the University announced in a news release Wednesday. The decision comes after a Feb. 4 vote from the USC Board of Trustees Investment Committee and efforts by faculty, staff, student groups including DivestSC and student governments urging the University to divest its $277 million in fossil fuel investments 5% of the $5.5 billion endowment. “Going forward, our new investment policies reinforce USC’s commitment to generate strong returns while also upholding USC’s values, including sustainability,” Chief Investment Officer Amy Diamond said in the press release. “We see this approach as a way to grow our portfolio and support clean, new technologies for the 21st century.” ....
Students asked for transparency from Northwestern’s Board of Trustees at the Advisory Committee on Investment Responsibility meeting Thursday. ACIR and attendees discussed the University’s search for a new vice president and chief investment officer, a job that manages the University’s endowment, which is currently valued at about $10 billion. Associated Student Government passed a resolution in October calling for students to be added to the CIO search committee, currently composed of trustees, faculty and University administrators. Psychology Prof. and ACIR chair David Uttal said he plans to email Senior Vice President for Business and Finance Craig Johnson about potentially adding student representatives to the CIO search committee. He said he thinks there’s still time in the University’s search to add student input, especially once the committee reaches the candidate stage. ....