Pedro Henriques da Silva, Director of Shifting Trillions, Sierra Club FoundationRead more
Bella Alvarez published Investment Governance Initiative Call Q2 | June 20 | 11 am ET in Past Webinars 2023-05-16 09:31:53 -0400
June 20, 2023 | 11 am to 12:30 pm ET
IEN's Investment Governance Initiative connects trustees to create opportunities for peer-to-peer learning among college and university fiduciaries on sustainable investing. It also develops documents and other vehicles to clarify for higher education trustees how sustainable investing strategies relate to their fiduciary duties, designed for audiences of trustees, presidents, CIO's, and CFO's.
This quarterly call is open to members only. To learn more about this initiative or IEN membership, contact Harrison Ungar at [email protected].
Note: This quarter's Inv Gov Initiative call was mainly conversational; since the presentations were only a small portion of the convening, we do not have a recording available to share.
Bella Alvarez published Sustainable Retirements Initiative Q2 Call | June 8 | 12 PM ET in Past Webinars 2023-04-24 15:51:48 -0400
Natixis: Findings from the 2023 Natixis DC Participant Survey
The Vogel Group: Updates on Anti-ESG Push: Regional and National
TIAA-Nuveen: Sustainable Retirement Options and ESG Backlash
Wespath: On Signing the Sustainable Retirement Plans Pledge
Bella Alvarez published Weekly News Round-Up: April 20, 2023 in Weekly News Round-Ups 2023-04-24 14:49:04 -0400
We invite you to register for next Tuesday’s webinar on the climate investing opportunities associated with the Inflation Reduction Act! On April 25 at 11 am ET, Brendan Bell, Radhika Shroff, and Sydney Bopp will talk through the IRA and learn how they are maximizing this new policy tailwind with highlighted case studies.
We’re also happy to announce the finalists for the 2023 Student Corporate Engagement Challenge!
Presidio Graduate School, the Haas School of Business at UC Berkeley, and Columbia University are the finalists in the graduate category, and the teams from LeHigh University, Central Washington University, and Virginia Wesleyan University are finalists in the undergraduate category. Learn more about their proposed investments and engagement strategies on the Challenge website!
Finally, students that are residents of MA or attending school in MA qualify for IEN’s Summer 2023 Sustainable Investing Internship. Interested qualifying students should email their cover letter and resume to [email protected] by April 28th.
In this week’s news, Victoria University and the University of the Pacific divest from fossil fuels, 31 faith organizations divest from fossil fuels, and the University of Pittsburgh publishes its second annual endowment ESG report.Read more
Bella Alvarez published Weekly News Round-Up: April 13, 2023 in Weekly News Round-Ups 2023-04-24 14:47:09 -0400
We’re highlighting student opportunities and DEI in our work this week! Look out for the winners of our 2023 Students Corporate Engagement Challenge, to be announced the week of April 24th! In addition, we’re excited to partner and support the ESG for Impact Conference Scholarship, an all expense paid opportunity for students and recent graduates to attend the ESG for Impact Conference in October of 2023.
And we’re excited to share that our Director of JEDI, Paris Prince, was featured on this week’s DiverCity podcast! Listen to hear them, as well as our Senior Fellow Dorien Nunez, explore justice, DEI and ESG in the financial services industry.
Finally, we want to remind you that the investor letter in support of the FTC’s proposed rule to rescind and eliminate noncompetes in employment contracts closes next week, April 18. Directions to sign on are in our “Take Action” section and on our sign on page.
In this week’s news, FFI Solutions and IEN release a new episode of Beyond Carbon with Jenna Nicholas, a former treasury official defends the DOL’s 401(k) ESG rule, and CalPERS explains its opposition to a California divestment bill.Read more
Bella Alvarez published Weekly News Round-Up: April 6, 2023 in Weekly News Round-Ups 2023-04-24 14:32:02 -0400
We are excited to announce that we have launched registration for our 2024 Higher Education Climate Leadership Summit! Take advantage of our lowest rates by registering today to join your peers in the sustainable investing space!
IEN Members can now watch the recording of last week’s webinar on “The Case for Diverse and Woman Owned Alternative GP Staking and Seeding.” We invite you to register for IEN’s upcoming learning opportunities this month and next!
First, join Align Climate Capital on April 25 at 11 am ET to learn about the impact the Inflation Reduction Act will have on climate investing. Next, Able Noser will join IEN on May 3 at 2 pm ET to illustrate how ESG consensus scores can optimize shareholder engagement.
In this week’s news, the University of Portsmouth divests from fossil fuels, the president of Impax Asset Management defends sustainable investing, and the higher ed sector examines how the anti-ESG push will affect college endowments.Read more
Bella Alvarez published Weekly News Round-Up: March 30, 2023 in Weekly News Round-Ups 2023-04-24 14:29:58 -0400
The proxy season is underway. We've revamped our sign-on opportunities page with the latest proxy resolutions, voting guides and letters in support of ESG related initiatives to help you vote your proxy ballots and champion sustainable investing.
In this week’s news, Terra Alpha releases its 2022 Impact Report, the CEO of Impax says asset managers are running out of investable green assets, and the Institutional Investors Group on Climate Change launched its Net Zero Engagement InitiativeRead more
Bella Alvarez published Weekly News Round-Up: March 23, 2023 in Weekly News Round-Ups 2023-04-24 14:28:41 -0400
We’ll be closing Women's History Month next week with an all-female-panel webinar. Register to learn why GP seeding in diverse alternative asset managers remains insufficient, and how support of these managers aligns with institutional values on March 30, at 1pm ET. Register here.
In this week’s news, the University of Manchester publishes its endowment investments climate report, the UK Universities Climate Network releases its climate report, and Ceres’ CEO Mindy Lubber speaks out against the ESG backlash.
If you haven’t yet, make sure to register to join our final initiative call of this quarter. Participants of the Net Zero initiative call will discuss how to avoid greenwashing in Net Zero commitments including practical steps on Net Zero policy implementation.Read more
Bella Alvarez published Weekly News Round-Up: March 16, 2023 in Weekly News Round-Ups 2023-04-24 14:27:27 -0400
In celebration of Women’s History Month, we'll be hosting a webinar on The Case for Diverse and Woman Owned Alternative GP Staking and Seeding on March 30 at 1 pm ET. Register to learn the process for identifying women owned GP firms and how to support them.
We also invite IEN- members to sign up for our next JEDI focused initiative call on March 21 for a discussion around quantifying impact and preparing for DEI disclosure requirements. In addition, the fourth episode of Beyond Carbon podcast featuring major league baseball player Brent Suter is now available for streaming.
In this week’s news, FFI Solutions releases an updated version of its Net Zero Blueprint for Institutional Investors, Biden gives the OK for the controversial Willow Oil Drilling Project, and Larry Fink releases his annual letter.Read more
Bella Alvarez published Weekly News Round-Up: March 9, 2023 in Weekly News Round-Ups 2023-04-24 14:25:52 -0400
We’re excited to announce that Felicia Davis has been recognized as IEN’s first Leadership Award recipient for her excellence in championing our network’s efforts to engage more HBCUs in climate justice conversations. We also invite IEN members to register for next week’s Investment Governance Initiative conversation.
In this week’s news, Vanguard faces pressure from investors, RBC moves to tie incentive compensation for CEOs to its climate strategy, and BlackRock and Rockefeller begin to set their priorities for proxy voting season.Read more
Bella Alvarez published IEN and Second Nature Webinar: Protect Higher Ed’s Freedom to Consider Sustainability Factors in Portfolios in Past Webinars 2023-04-24 13:15:38 -0400
IEN and Second Nature Webinar: Protect Higher Ed’s Freedom to Consider Sustainability Factors in Portfolios
May 16, 2023 | 2 PM ET
Our economy's prioritization of short-term returns over long-term value creation has exacerbated the issues of climate change, racial injustice, and widening economic inequality. Higher education institutions are making critical choices every day about how to operate in a society and economy facing multiple intersecting crises.
Colleges and universities allocate $650 billion in capital toward endowment assets and $890 billion toward retirement funds. These institutions have the power to adopt investment strategies that create an equitable, low-carbon, and regenerative society and economy. However, over the past year, there has been a concerted effort by political forces attempting to discredit the use of environmental, social and governance (ESG) information in the investment process. The turmoil has been stoked via media campaigns and state laws that ban certain investment management firms that have been vocal about the (financial and societal) value of considering issues like climate change and diversity, equity and inclusion in the investment process.
Higher education institutions are influential actors with power to drive systemic change – to benefit themselves and society as a whole. In this webinar, we will discuss why political attacks against sustainable investing are relevant to higher education, share the current sustainable investing landscape, and invite you to take action to protect higher education’s ability to consider sustainability metrics when investing endowment and retirement funds.
Steven Rothstein, Managing Director, Ceres Accelerator for Sustainable Capital Markets, Ceres
Tim Carter, President, Second Nature
Georges Dyer, Executive Director, IEN
Brooke Barton, Vice President, Innovation & Impact Evaluation, Ceres
Bella Alvarez published IEN JEDI Initiative Q3 2022 Call | September 9, 2022 in Past Webinars 2023-04-11 09:25:13 -0400
September 9, 2022
This JEDI Quarterly call, led by JEDI co-chairs Dorien Nunez and Angela Outlaw-Matheny, featured presentations from leaders in the diversity and equity space in asset management. Speakers included:
- Bhakti Mirchandani, Managing Director, Responsible Investing at Trinity Church Wall Street and Co-Founder and Steering Committee Member of Institutional Allocators for Diversity, Equity, & Inclusion (IADEI)
- Stephanie Westen, Investment Operations Analyst, University of Rochester
- Jamie Lu, Manager, Investments, CommonSpirit Health
- Gil Garcia, Garcia Hamilton & Associates
- Lisa Renstrom & Kate Simpson, Co-Founders at ValuesAdvisor
IEN's JEDI Initiative is comprised of senior leaders from higher education, the investment industry, foundations, and non-profit partners. The group seeks to leverage the wide networks and expertise of the members and enable cross-sectoral collaboration to ensure that this work is championed by a diverse range of decision-makers involved in the endowment investment process.
Bella Alvarez published Net Zero Endowments Initiative Call | June 22, 2023 in Past Webinars 2023-04-10 15:25:15 -0400
June 22, 2023 | 1:30-3:00 pm EST
This initiative supports higher education institutions in learning about Net Zero Portfolios, making commitments, and participating in shareholder engagement efforts to get portfolio companies onto decarbonization pathways aligned with the 1.5 degree C warming target of the Paris Climate Agreement.
IEN convenes and supports endowments in learning about Net Zero Portfolios, making commitments, and participating in shareholder engagement efforts to get portfolio companies onto decarbonization pathways aligned with the 1.5 degree C warming target of the Paris Climate Agreement.
If you or your organization would like to learn more or participate in this initiative, please contact Georges Dyer at [email protected].
Bella Alvarez published IEN Webinar: How the Inflation Reduction Act Supercharges Climate Investing in Past Webinars 2023-04-05 16:54:27 -0400
April 25, 2023 | 11 AM ET
The Inflation Reduction Act of 2022 (IRA) is one of the most significant climate policies ever adopted by the United States with the injection of more than $360 billions of incentives to scale climate solutions. What are investors doing to capitalize on the advancement associated with the IRA, and how are they implementing solutions? These three industry professionals talked through the IRA and explored how they are maximizing this new policy tailwind with highlighted case studies.
Brendan Bell, Chief Operating Officer at Aligned Climate Capital
Radhika Shroff, Managing Director, Private Equity Impact Investing at Nuveen
Sydney Bopp, Partner at Boundary Stone Partners
Bella Alvarez published IEN Webinar: The Case for Diverse and Woman Owned Alternative GP Staking and Seeding in Past Webinars 2023-04-03 12:32:55 -0400
March 30, 3023
The Endowment community continues showing interest in diverse, emerging, and women owned investment enterprises as it seeks competitive returns and avenues to further ESG and DEI mission objectives. GP staking and seeding in diverse alternative asset managers is a vastly under-resourced endeavor that can support these objectives.
There is a significant unmet need for diverse and women-owned alternative managers to source equity staking and seed capital for their enterprises that affords savvy and mission-oriented investors to achieve attractive long-term returns while meeting their mission objectives. This webinar will consider the opportunity set, risks, and rewards of such activity.
Participants of this webinar will learn the following:
● The process for identifying women owned GP firms and how to seed them
● The due diligence that goes behind that effort
● Learn the historical data supporting women owned GP financial performance.
Sherrese Clarke Soares, Founder and CEO, Harbourview Equity Partners
Jenifer B. Rizza, CFA, CAIA Trust Investment Manager, Eversource
Tina Byles-Williams, Xponance Founder, CEO & CIO
Lisa Hinds, Managing Director, Client Engagement & Sustainability (Moderator)
Bella Alvarez published JEDI Initiative Quarterly Call Q2 in Past Webinars 2023-03-27 09:55:03 -0400
June 13, 2023 | 1 pm ET
IEN's JEDI Initiative seeks to start the education and advocacy process for endowments to consider JEDI factors in the investment process in the following ways:
- Enhancing diversity within the university investment offices by ensuring people are not excluded deliberately or through implicit bias on the basis of race, ethnicity, or gender.
- Evaluating the performance of companies and funds with regard to diversity, equity, and inclusion in their boards, management, and staff in the investment process and engage with companies and funds to improve on these issues.
- Identifying minority-led investment managers.
- Making investments that benefit women, low-income communities, and communities of color.
- Supporting finance and investment education of diverse students to build a pipeline of talent.
We advance the conversation on this agenda through a series of educational and peer-networking activities, including events, webinars, and white papers.
JEDI Initiative Call Recap
We held our JEDI (Justice, Equity, Diversity, and Inclusion) quarterly call featuring four industry leaders' presentations on various aspects of racial equity investing. See details below
Tynesia Boyea-Robinson, President and CEO at CapEQ, presented on the The Investor Blueprint, a tool kit that outlines the full scope of what it means to invest equitably and setting the norms for all investing to be equitable.
Kendall Bedford, Impact Fellow at SustainVC, shared her personal experience and research on DEI within the impact focused private market investing.
George Suttles, Executive Director at the Commonfund Institute presented on the mission of the Commonfund Institute and his strategy for identifying diverse asset managers including implementation strategies.
Monique Aiken, Managing Director at The Investment Integration Project (TIIP), shared on why and how to connect investors’ action to racial equity as an investment risk by reorienting the strategy level from a portfolio approach to a holistic approach.
Bella Alvarez published Webinar: Optimizing Shareholder Engagement with ESG Consensus Scores in Past Webinars 2023-03-20 15:21:47 -0400
May 3, 2023 at 2 pm ET
With over 30,000 global publicly traded companies to cover, overburdened staff, manual processes, and lack of benchmarking tools, how do organizations effectively monitor or target fund portfolio companies for shareholder engagement?
Our discussion will revolve around how to use quantitatively structured ESG consensus scores to accomplish this important function. Valid, consistent, and comprehensive ESG engagement ratings data is critical for a proper oversight process. The application of artificial intelligence and machine learning to the consumption of ESG adherence data has provided a solution to this problem: ESG consensus ratings.
By using ESG consensus ratings, asset owners can identify those companies within a fund’s portfolio or (target lists) whose key performance indicators are aligning with an organization’s ESG goals.
Participants will learn:
- To use quantitative research to evaluate public equity portfolio alignment with fund values and ESG policies;
- To develop data driven shareholder engagement strategies and dialogues with portfolio companies;
- To track ESG performance trends and benchmarking corporate dialogues with new reporting tools and analytics;
- To obtain breakouts of each ESG metric to better understand weaknesses and strengths;
- To efficiently scale shareholder advocacy campaigns;
- To apply what they've gathered to real world use cases
Eric Darrisaw, Senior Consultant, Hackett Group
Brian J. Greene, Senior Vice President, Zeno AN Solutions
Dale M. Neibert, Managing Director, OWL ESG, Inc.
Bella Alvarez published ESG & Impact Investing Forum 2023 in Past IEN Events 2023-03-14 14:25:00 -0400
Today, we see an increase in companies increasing their mission-driven and communication along ESG principles, to attract a values based workforce, investor base, and like-minded consumer. Impact investing strategies are proving to be able to generate returns in line to their traditional counterparts. Over the next three decades, it is estimated that over $68+ trillion will transfer from baby boomers to Millennials. As we move to the next generation of investors, we are finding more companies aligning their beliefs, operation, and communication strategies with that of the Millennials & Gen X.
The ESG & Impact Investing Forum will look at many of the asset classes that encompass this space. We invite you to join us and meet top influencers, experienced investors, money managers, and service providers that are leading the charge in this ever growing space. Themes of defining impact investing, portfolio construction, asset class opportunities, comparing ESG vs Impact trends and the role of the investor are just a few of the stimulating topics to be covered at this event.