Investment Strategies

 

Investment Managers, Advisors, and Financial Services Firms

The following is a non-comprehensive list of companies involved with endowment management and/or sustainable investing.

 

  • 3Sisters Investment Management - offers full spectrum positive impact investment strategies for advisors, consultants and decision makers by funding private and public enterprises that meet the highest financial, social and environmental standards
  • Altenex - provides customers from the public and private sectors advisory and procurement services  through the creation and implementation of a comprehensive renewable energy purchasing programs that help to control energy costs and improve the environmental performance of operations.
  • Alternative Investment Group - allocates to hedge fund managers that either incorporate sustainability themes into their investment approach or integrate environmental, social and corporate governance (“ESG”) factors into their investment process, while also excluding the 200 largest fossil fuel companies.
  • Aperio Group – investment management firm focused on indexing strategies, including “socially responsive” indexing that customizes portfolios to meet clients’ social, ethical, and governance standards.

  • Appleseed Capital - the institutional arm of Pekin Singer Strauss Asset Management, employing a go-anywhere value approach that integrates ESG criteria with Global Value and Long/Short Global Value offerings
  • Arabesque - fund management firm with a unique combination of a quantitative approach and values. 

  • Arjuna Capital – sustainable investment management for engaged investors nationwide.

  • BlackRock - the world's largest asset manager guiding individuals, financial professionals and institutions in building better financial futures.

  • Bloomberg, L.P. - financial information and news provider, delivering data, news, and analytics through innovative technology, including substantial information related to sustainability and ESG factors.

  • Bonwood Social Investments - finances innovative social change efforts that engage people in climate solutions and caring for the commons with four- to six-figure grants.

  • Boston Common Asset Management – investment manager focused on sustainable investing.
  • Breckinridge Capital Advisors - investment advisor specializing in investment-grade fixed income portfolio management with a commitment to ESG and sustainability.
  • Brown Advisory – investment firm with sustainability focused portfolios, portfolio screening, and tailored impact portfolios.
  • Calvert Investments – investment management company with SRI products and services for institutional investors.
  • Cambridge Associates – a global investment advisor with a dedicated mission-related investing practice.  

  • Capricorn Investment Group – investment firm born from a belief that values-based, sustainable investment practices can enhance return rates. 

  • Caravel Management LLC - a New York-based investment manager dedicated to investing in the beyond- BRICs Emerging and Frontier Markers
  • Clean Energy Advisors - creates investment opportunities in the renewable energy sector that provide clients with predictable income, preservation of capital, and positive impact.

  • ClearBridge Investments - an investment firm with an ESG program designed for clients with social investment policy guidelines. 

  • Commonfund - leading investment management firm, particularly focused on educational endowments, foundations and philanthropic organizations, hospitals and healthcare organizations, and public pensions with a variety of resources and products focused on responsible investment, ESG investing, and low-carbon investing. 
  • Commonwealth Impact Partners - works with clients to assist with impact investing related research, design, strategy and measurement, and to catalyze collaboration and engagement with potential partners, communicate objectives and manage data and knowledge related to programmatic impact goals.
  • Community Capital Management - specializes in managing environmental, social and governance (ESG)/impact investing and fossil fuel free portfolios.

  • Cornerstone Capital Investment Management - applies the principles of sustainable finance across the capital markets enhancing investment processes through transparency and collaboration.
  • Cultivian Sandbox - addressing issues of food scarcity through investments. 
  • DBL Partners - with a double bottom line investment strategy, DBL delivers capital return while working with companies who meet ESG criteria. 

  • Entelligent -  has created a big data solution designed to help institutional asset owners and managers hedge climate change related risks, develop environmental, social, and governance (ESG) integration strategies, and provide socioeconomic and policy shock forecasts in one package.
  • esg.solutions - helps clients design and implement custom frameworks and processes that align investment strategies with organizational values and industry best-practices in each stage of the investment process, providing alignment with market trends, risks, and opportunities, evolving standards, frameworks, and regulations and fiduciary and legal responsibilities
  • Etho Capital - recently launched the Ethos Climate Leadership Index. 

  • Farm Animal Investment Risk and Return (FAIRR) - initiative centered on increasing investor knowledge on the material investment risks and opportunities connected with intensive livestock farming and poor animal welfare standards
  • Financial West Group - incorporated 30-year privately owned and operated securities and investment firm.

  • First Affirmative - a registered investment advisor specializing in socially responsible investing, sustainable investing, green investing, and impact investing

  • F.L. Putnam Investment Management Company - independent firm that provides a comprehensive range of personalized investment management services.

  • Fresh Source Capital - an investment firm focused on sustainable food and agriculture. 

  • Gabelli ESG - combine their investment philosophy with social screens and a holistic ESG analysis.
  • Great Lake Advisors - investment managers with funds focused on social responsibility. 
  • Green Alpha – all-cap, multi-sector, global growth asset management firm focused on investing in solutions for the “Next Economy.”

  • Green Century Capital Management – investment advisor of the Green Century Funds, founded by a partnership of environmental advocacy organizations; includes two fossil fuel free funds.

  • High Meadows Institute - current priority is exploring with financial sector leaders how to ensure capital markets are sustainable and operate in the long-term interests of both investors and society.
  • HIP Investor - rates and ranks all types of investments for future risk, return potential and net impact on society.
  • Huntington Capital - mission to have top returns while having a positive impact on underserved businesses and their communities.  
  • Impax Asset Management –  investment manager dedicated to investing in the opportunities created by the scarcity of natural resources and the growing demand for cleaner, more efficient products and services, through both listed and private equity strategies.
  • Imprint Capital – investment advisor exclusively focused on impact investing in companies, organizations, and funds with the intention to generate social and environmental impact alongside a financial return.

  • Iroquois Valley Farms LLC - food and farmland company making impact investments in local and organic agriculture. 

  • Institutional Shareholder Services Inc. (ISS) - the world’s leading provider of corporate governance and responsible investment (RI) solutions for asset owners, asset managers, hedge funds, and asset service providers. 
  • JSA Financial Group - helps clients implement effective long-term strategies aligned with clients’ goals and personal values, and invest with responsibility for not only reasonable returns but to make a positive impact on the environment and society.
  • Kendall Investments - investment firm who focuses on sustainable infrastructure investment. 

  • Know The Chaina resource for businesses and investors that works to make complex material supply chains more transparent, in order to address forced labor abuses within these chains.
  • The Lyme Timber Company - focuses on the acquisition and sustainable management of land. 

  • Mariner Investment Groupa hedge fund that incorporates ESG data into their investment process.
  • Mercer – global investment consultant firm with a dedicated responsible investment team.

  • Metro Partners - Urban Innovation Hubs Program utilizes cities as large-scale, live, labs where they identify localized needs and opportunities for missing solutions and offer financial support and advice throughout the life cycle of the venture.
  • Morgan Stanley – global financial services firm addressing sustainable investing in several ways, including an institute committed to investing $10 billion in impact investments and building the field of sustainable investing. 

  • MSCI – data provider that maintains a variety of ESG-related indices and provides research, analytics and ratings.

  • NatureVest - the impact investment firm associated with The Nature Conservancy. 

  • NEPC - employee owned, one of the industry’s largest independent, full-service investment consulting firms, with an impact investing committee. 
  • North Sky Capital- investment firm that focuses on making investments in professionally managed buyout and clean technology and infrastructure. 
  • oekom research Inc. - one of the world's leading rating agencies in the area of sustainable investment.
  • Osmosis Investment Management - investment managers that use primary research to identify high-quality companies. 

  • Parnassus Investments - investment management company that considers ESG factors as part of the investment process in all of its funds.

  • Pathstone Federal Street - an independent, employee and family-owned advisory firm with a heritage in ESG investing.
  • Pax World Investments – investment advisor offering a comprehensive platform of sustainable investing solutions, including separately managed accounts for institutional investors.

  • Perella Weinberg Partners – advisory and asset management services firm, offering outsourced CIO services through its Agility platform.

  • Prime Buchholz – independent investment consulting firm with outsourced CIO offerings and sustainable investing expertise. 

  • Seamans Capital Management - investment manager with a mission to help endowments, foundations, pensions, and individuals achieve financial stability through risk-mitigated wealth accumulation and preservation.
  • SKBA Capital Management – investment manager that has been active in socially responsible investing for over 25 years, incorporating inclusionary & exclusionary SRI/ESG criteria into their investment process. 
  • Sustainalytics – responsible investment research firm specialized in ESG research and analysis. 

  • Terra Alpha Investments - advocacy investment firm that seeks to demonstrate that Environmentally Productive business practices enhance risk-adjusted returns for businesses and investors.
  • TerraVerde Capital Management – fund of funds focused on green infrastructure investments in clean tech and renewable energy with a focus on sector hedge funds; fossil fuel free investing. 

  • The Investment Fund for Foundations (TIFF) - pursuing investment excellence on behalf of endowed non-profits.

  • The Sustainability Group of Loring, Wolcott & Coolidge -

  • Trillium Asset Management – ESG-focused asset manager with fossil fuel free portfolios.

  • Trucost – environmental data provider. 

  • UBS Global Asset Management - the responsible investment team has established a general ESG approach.
  • Vision Ridge Partners - sustainable investing in a resource constrained world. 

  • Walden Asset Management – oldest institutional socially responsible investment manager; the SRI practice of the Boston Trust & Investment Management Company. 

  • Wallace Global Fund - supports projects and movements that align with their mission to promote an informed and engaged citizenry, to fight injustice, and to protect the diversity of nature and the natural systems upon which all life depends.
  • Wellington Managementan asset management firm that believes ESG factors can drive company performance.
  • Wespath Asset Management - asset management firm with a mission to enable clients to meet their investment objectives while honoring the values of The United Methodist Church
  • Zevin Asset Management – global investment management firm focusing stock selection on well-managed companies with sustainable business practices.

 

See also: Barron's 2016 Ranking of the Top 200 Sustainable Mutual Funds 

 

Sustainable Indices 

  • STOXX INDICES - STOXX ESG and Sustainability index families are available for both global and regional markets. Depending on the selected region, one can find various sustainability related indices.

  • MSCI - ESG Indexing - MSCI utilizes their ESG data and ratings on thousands of companies to provide ESG indexes for those interested in sustainable investing. The MSCI indexes fall into one of five main categories: Sustainability, SRI, Ex Controversial Weapons, Environmental, and Custom.

  • FTSE4Good Index Series - The FTSE4Good Index series is one of FTSE’s several ESG indices. It measures companies with strong Environmental, Social, and Governance (ESG) practices. For the Ground Rules for the FTSE4Good Index Series, click here.

  • Dow Jones Sustainability Indices - Dow Jones Sustainable Indices has created 3 ESG Index families. Each family utilizes RobecoSAM's Corporate Sustainability Assessment (CSA) results to calculate sustainability scores which are then used to weigh each company or country. To learn more about RobecoSAM's methodology click here.

  • S&P Dow Jones Indices - S&P Dow Jones Indices offers 36 different indices in different ESG fields such as water, clean energy, carbon efficiency, sustainability, and the environment.For a complete list of indices on their website, click “themes” on the right-hand column, then select “sustainability.”

  • Access to Medicine Index - The Access to Medicine Index independently ranks pharmaceutical companies’ efforts to improve access to medicine in developing countries. Funded by the Bill & Melinda Gates Foundation and the UK and Dutch governments, the Index has been published every two years since 2008.

 

 Additional Resources by Asset Class:

Equities:

Fixed Income:

Real Estate/Real Assets

Hedge Funds

Community Investing