Bella Alvarez

  • Weekly News Round-Up: December 1, 2022

    We’re sincerely grateful for your donations toward our end of year fundraiser! We were able to raise almost half of our $25,000 goal on #GivingTuesday. Please give us an extra push to meet our goal by making a financial donation here.

    We also invite members to register and join our upcoming Q4 initiatives calls. The JEDI call will have the honor to hear Rep. Emanuel Cleaver III remarks on his pending “Endowment Transparency Act of 2022”, and the Sustainable Retirements Initiative will have a conversation with brief presentations from legal and investment experts on the recently published DOL rule.

    In this week’s news, the University of Pennsylvania divests from its direct fossil fuel holdings, industry leaders express support for the DOL’s ESG rule, and the Ivey Foundation will distribute its endowment to support the transition to a low carbon economy over a period of 5 years.

    Read more

  • IEN Net Zero Initiative Quarterly Call | March 29, 2023 | 1:30 PM ET

    March 29, 2023

    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]

    IEN Initiative calls are only open to IEN Members. Interested organizations and individuals should contact Georges Dyer at [email protected] for more information, to get involved, or with any questions.

    This conversation explored ways to avoid greenwashing in Net Zero commitments with a real estate decarbonization focus, including practical steps on how to implement a Net Zero policy. 

    Speakers:

    • Madeline Clark, Associate Investment Director, Cambridge Associates
    • Kate Murray, Director, Impact Strategy & Measurement, TAS
    • Wendy Cromwell, Vice Chair and Head of Sustainable Investment, Wellington Management

    Recording:

    About the Net Zero Initiative

    Net Zero Portfolios are an effective and powerful way for investors to reduce risks associated with climate change and the transition to a low-carbon economy.  They also accelerate corporate climate action to reduce systemic risk for all investors and to protect current and future generations from climate impacts. 

    A commitment to Net Zero means committing to transition the investment portfolio to net-zero GHG emissions by 2050 consistent with a maximum temperature rise of 1.5°C above pre-industrial temperatures, taking into account the best available scientific knowledge including the findings of the IPCC, and regularly reporting on progress, including establishing intermediate targets every five years in line with Paris Agreement Article 4.9. 

     


  • IEN SIILK Quarterly Call February 2023

    February 23, 2023

    This call featured a presentation by an emerging Student-Led Shareholder Engagement Network. The Network aims to provide resources and a structure for student leaders to connect year over year to advance shareholder engagement work by student groups (within and outside of student-managed investment funds) across higher education institutions for the purpose of promoting sustainability and environmental and social corporate responsibility.

    Presenters:

     Zach Albregts, Director of Operations, Sustainable and Impact Finance Initiative (SIFI) at Arizona State University

     David Krantz, Member, Sustainable and Impact Finance Initiative (SIFI) at Arizona State University

    Recording:

     

    The SIILK Network (Sustainable & Impact Investing Learning & Knowledge) is an Initiative of the Intentional Endowments Network (IEN).

    IEN Initiative calls are only open to IEN Members and/or students, faculty, or staff stakeholders at colleges and universities pursuing the development and implementation of sustainable investing education. Contact Nicole Torrico at [email protected] with any questions, for more information, or to get involved.

    About SIILK

    SIILK has three main goals:

    1. Scale the uptake of sustainable investing education, including courses and experiential education opportunities like Student-Managed Investment Funds (SMIFs),
    2. Support SMIFs as they work to build stronger bridges between their SMIF and their institution’s broader endowment, and
    3. Increase the diversity and number of students that enter the sustainable investing field.

    Through SIILK, IEN is working to ensure higher education institutions develop the next generation of investment and finance leaders committed to an equitable, low carbon, and regenerative economy.


  • NORTHLIGHT FOUNDATION SIGNS SUSTAINABLE INVESTING RETIREMENT PLEDGE FOR FACULTY AND EMPLOYEE PLANS

    NORTHLIGHT FOUNDATION SIGNS SUSTAINABLE INVESTING RETIREMENT PLEDGE FOR FACULTY AND EMPLOYEE PLANS

    NorthLight Foundation Joins Growing List of Colleges, Universities, Foundations, and Other Nonprofit Institutions Committing to Evaluate Sustainable Retirement Plan Options with Renewed Focus on Climate and Social Justice

    NEW YORK, NEW YORK – November 17, 2022 – NorthLight Foundation has become a new signatory of the Intentional Endowments Network’s (IEN) Sustainable Retirements Plan Pledge. IEN’s Sustainable Retirement Plan pledge, supported by Second Nature and The Association for the Advancement of Sustainability in Higher Education (AASHE), establishes that university and nonprofit “employees deserve a range of sustainable investing retirement fund options that consider environmental, social, and governance factors, consistent with the goals of reducing risk, protecting capital, and enhancing financial returns.”  

    By signing this Pledge, NorthLight Foundation has set the intention to review its current retirement plan fund offerings and assess the sustainable investing options currently available.  NorthLight Foundation will also work with plan administrators to determine if there are suitable sustainable investing options for plans that take into account the best interest of the Foundation’s beneficiaries and their retirement goals.

    “We are thrilled to be the first private family foundation to sign the Intentional Endowments Network’s Sustainable Retirement Plan,” said Kate Sinding Daly, Executive Director of Northlight Foundation.  “As a foundation that has aligned its endowment with its mission, we knew that the next step was to find sustainable, values-aligned options for retirement investments. We had begun looking for suitable 401(k) plans, and when we heard of this pledge we signed almost immediately.”

    Now open for additional signers, the IEN Sustainable Retirement pledge was first adopted by Arizona State University, The ASU Foundation, Chatham University, and Lewis & Clark College. Those who sign onto the pledge by the end of 2022 will be recognized as Founding Signatories. 

    “It’s with great pleasure that IEN and our partners welcome NorthLight Foundation as a signatory of the Sustainable Retirements Pledge,” said Georges Dyer, executive director of IEN. “Institutional retirement plans represent trillions in investments, and we at IEN are committed to ensuring that they offer participants options that align with the transition to a sustainable future, so retirees are not caught ‘holding the bag’ of risky investments that are not positioned for the transition to a more equitable, clean energy and low-carbon economy.”

    The Sustainable Retirements Pledge was first announced at IEN’s Institutional Investor Roundtable during Climate Week with over 100 endowment trustees, CIOs, investment staff, asset managers, investment consultants, outsourced CIOs, retirement planning experts, sustainability leaders, faculty, and nonprofit partners.

    Demand for sustainable investing is increasing. There are nearly $1 trillion in assets held in 403(b) employee retirement plans. ESG assets are predicted to grow to $53 trillion by 2025, which would comprise one-third of all global assets under management. The interest in sustainable investing is also reflected in demands on investment managers, and a stronger connection between investment returns and sustainable outcomes is being established. Including sustainable investment options in 403(b) retirement plans can mitigate investment risk and yield greater economic resilience.

    MEDIA CONTACT: Georges Dyer, Co-founder & Executive Director, Intentional Endowments Network, [email protected]

    ABOUT IEN

    The Intentional Endowments Network (IEN) is a peer learning network of colleges, universities, and other mission-driven institutional investors working together to achieve their risk and return objectives through investment actions that create a thriving, sustainable economy. IEN has more than 200 network members including endowments, asset managers, investment consultants, nonprofit partners, and individuals.


  • Webinar: The Future of Investor Engagement: How to Engage on Systemic Risks

    January 17, 2023

    1 PM ET

    This conversation with IEN Member Wespath Benefits and Investments will discuss the unique challenges that systemic risks like climate change pose to asset owners and highly diversified long-term investment portfolios.

    We’ll then cover stewardship strategies that go beyond corporate engagement and proxy voting and seek to address systemic risks through the identification of systemic solutions.

    Join Ryan McQueeney, Karen Manczko, and Evan Witkowski for a conversation on these solutions and the hurdles facing investors.

    Wespath Benefits and Investments (Wespath) has been serving The United Methodist Church for over 100 years. Wespath and its subsidiaries maintain one of the largest faith-based pension funds in the world, serving more than 100,000 active and retired clergy and lay employees of the Church. As a sustainable investor, Wespath incorporates consideration of environmental, social, and governance (ESG) factors in its investment decision-making and aspires to make a positive impact on the environment and society.

    Recording:

    Resources:

    IEN Slides

    Wespath Slides

    The Future of Investor Engagement

    Speakers:

    Wespath_Speaker_Photos_(1).png

     


     Ryan McQueeney
    , Analyst, Sustainable Investment Stewardship, Wespath Benefits and Investments 

     Learn more about Ryan




    Wespath_Speaker_Photos_(2).png 


     Karen Manczko
    , Director, Institutional Relationships, Wespath Benefits and Investments

     Learn more about Karen



    Wespath_Speaker_Photos.png


     Evan Witkowski, CIPM, Manager, Institutional Relationships, Wespath Benefits and Investments

     Learn more about Evan


  • Weekly News Round-Up: November 23, 2022

    We’re taking a moment to express our gratitude for you and your collaborative work on climate action. We hope you take this long weekend to spend quality time with family and friends.

    This special Thanksgiving news edition covers the DOL’s new ESG rule, invites you to support our Giving Tuesday Campaign by making financial donations and encourages you to register for our upcoming Q4 IEN members working group calls.

    Read more

  • Weekly News Round-Up: November 17, 2022

    Remember to register for our next Learning Cafe with ValuesAdvisor to learn about the vetted database of values-aligned financial advisors that makes it easy for endowments to invest with impact.

    In this week’s news, Virginia Union University’s board of trustees updated its endowment policy, requiring 60% of its portfolio to be managed by minority firms. The University of Barcelona will mandate a course on climate change for students, and the Oregon treasurer will map out a plan for net zero emissions.

    Read more

  • Weekly News Round-Up: November 10, 2022

    Our focus this week is on COP27, as world leaders are coming together in Egypt to collectively take action towards achieving world climate goals. Join us at the 2023 Higher Education Climate Leader Summit on Feb 5 - 7 at the University of Miami, FL, to further integrate the COP27 conversations with a selected group of higher education leaders into your investment process. Learn more about the 2023 Summit and sponsorship opportunities here.

    In this week’s news, UTAM achieves divestment from direct holdings in fossil fuels, the UK unveils a disclosure framework for net zero transition plans, and Mexico raises its decarbonization targets for the first time since 2016.

    Read more

  • Weekly News Round-Up: November 3, 2022

    During this Native American Heritage Month, we recognize indigenous and native communities and keep them top of mind as we plan our 2023 Higher Education Climate Leadership Summit. Help us incorporate indigenous perspectives and needs into our programming by responding to our call for content.

    We also invite you to take advantage of our 2023 Summit early-bird registration before it closes, and invite IEN members to register for our upcoming Member Only quarterly calls to take a deep dive into topical conversations tailored to members' institutional and individual needs. Please contact Harrison Ungar at [email protected] for event sponsorship opportunities.

    In this week’s news, Oberlin College divests from fossil fuels, the SEC adopts a proxy-voting disclosure rule and the Governor of North Carolina announces a diversity commission for the UNC system.

    Read more

  • Weekly News Round-Up: October 27, 2022

    We were thrilled to learn of U.S. Representative Emanuel Cleaver’s proposed amendment to the Higher Education Act this week. It would mandate reporting on the gender and race data of ownership and management within the asset management firms that oversee college endowments. The amendment builds off of his previous work pushing for greater diversity data from universities.

    Don’t forget that registration is open for our 2023 Higher Education Climate Leadership Summit, and sponsorship opportunities are available! For more information on sponsorship, contact Harrison Ungar at [email protected]

    In this week’s news, the UK hits a milestone with 100 universities divested from fossil fuel companies, the Chicago Public School Teachers’ Pension & Retirement Fund pledges to divest, and the ISSB mandates Scope 3 emissions in GHG disclosures.

    Read more

  • Weekly News Roundup: October 20, 2022

    Registration is open for our 2023 Higher Education Climate Leadership Summit, and partnership opportunities are available! You can view an overview of partnership information in the sponsor brochure. Please contact Harrison Ungar at [email protected] if you’d like more information on sponsoring the Summit.

    The sign-up form is still open for the Student Corporate Engagement Challenge! Participating students will receive a variety of benefits, including building their professional networks and learning from leaders in the sustainable investing field through mentorship and exclusive workshops. 

    In this week’s news, investors can sign on to the 2022 Global Investor Statement, Barclays and Oxford University announce a 3-year partnership, and Schwab Asset Management pilots a proxy voting polling platform.

    Read more

  • Sustainable Retirements Initiative Quarterly Call 12/15/22

    Unpacking the DOL rule: “Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights”

    December 15, 2022

    The Biden Administration's Department of Labor (DOL) has released its new rule on ESG investing in retirement plans - clarifying that ESG factors can be considered financially material in investment selection and that sustainable funds can be used as the default investments on plan menus.

    This interactive meeting included brief presentations from legal and investment experts sharing their views on the rule, with time for questions and dialogue amongst the group. 

    To learn more about this initiative, please contact Chris Walker at [email protected]

    Recording:


  • published Learning Café with ValuesAdvisor in Past Webinars 2022-11-02 13:31:48 -0400

    Learning Café with ValuesAdvisor

    Date: November 29, 2022

    Time: 12 PM ET

    Recent announcements from universities like Princeton, San Francisco State University, and Coventry University demonstrate the ways higher education institutions are taking action and moving investments to better align with their values.

    A critical first step to implementing a values aligned investment strategy is to find the right financial advisor who can integrate both your mission and financial goals into a successful investment strategy. 73% of investors say that the most important quality when selecting an advisor is “depth of direct impact investment knowledge and experience” (TIAA). Yet despite this interest, 40% of investors say the main challenge to increasing their allocation to impact is  “difficulty sourcing credible investment advice” (Rockefeller Foundation).

    IEN has partnered with ValuesAdvisor to help members overcome these challenges. ValuesAdvisor is a platform that aggregates information from the sustainable investing field to create a searchable list of the top financial advisors who deliver both financial and environmental/social returns.

    Lisa Renstrom, Co-Founder and Head of Partnerships at ValuesAdvisor, and Kate Simpson, Co-Founder & Director of Advisor Outreach at ValuesAdvisor, took a deeper dive into the platform and gave participants the chance to questions and plan next steps at your institution.

    Speakers:

     

    Kate Simpson, Co-Founder and Director of Advisor Outreach

     

     

     

     Lisa Renstrom, Co-Founder and Head of Partnerships

     

     

    You can learn more about the platform, the other groups it’s partnered with for added exposure for your firm, criteria and associated fees here

    You can view a brief infographic on accessing the platform here.

    To learn more, please reach out to Kate Simpson, Head of Advisor Outreach: [email protected].

    Recording


  • [MEMBER ONLY] JEDI Working Group Quarterly Call 12/13/22 | 1 - 2:30 PM ET

    This Q4 JEDI working group call furthered IEN members' education on, and advocacy for endowments to include JEDI (Justice, Equity, Diversity, and Inclusion) throughout the investment processes. College and university endowment assets collectively total more than $821 billion. However, determining how much of those assets are managed by diverse-owned firms is challenging, as a majority of the 50 wealthiest U.S. colleges and universities decline to share data.

    House of Representative Emanuel Cleaver II gave his remarks on his pending “Endowment Transparency Act of 2022” and actions university endowments and like-minded foundations can take as a group to move towards effective allocation of capital for ESG and diverse managers.

     

    Meet the Speaker:

    Rep. Emanuel Cleaver II

    To ensure you receive JEDI updates and announcements from IEN, please sign-up for our DEI listserv here 

    Join us on February 5-7, 2023 at the University of Miami for the Annual Higher Education Climate Leadership Summit

     

    Recording:

    https://youtu.be/--MsHmtSssw

     


  • published Summer 2022 Newsletter in Quarterly IEN Newsletter 2022-10-31 11:41:53 -0400

    Summer 2022 Newsletter

    As record-breaking temperatures extend across the world, the urgency of our climate emergency and the prescient warnings from the scientific community feel ever more dire. IEN is continuing to work with institutional investors to push for systems-level change for a more sustainable future, and are looking forward to accelerating action at our upcoming Roundtable at the Nest Summit in NYC on September 22. Registration is now open, and we’re looking forward to joining many of you for intimate dialogue and catalytic conversations.

    We also invite you to save the date for our 2023 Higher Education Climate Leadership Summit, which will be in-person at the University of Miami on February 5-7. Please respond to our Call for Content to inform our program design -- we appreciate your thoughts and the time it takes to share them!

    Warm Regards,

    The IEN Team

    twitter linkedin facebook

     
    Spotlight: Warren Wilson College: Impacting How Companies Do Business

    Launched last week, the Briefing Paper: Warren Wilson College, Impacting How Companies Do Business , details how, through partnerships with IEN and As You Sow, Warren Wilson College (WWC) has influenced companies’ actions through proxy voting and shareholder resolutions.

    During the 2021-2022 engagement season, WWC signed 32 letters of authorization allowing As You Sow to enter into dialogue and submit shareholder resolutions to companies WWC invested in. Of those 32 signed letters of authorization to engage, dialogue with over 80% of companies led to impactful agreements that addressed the resolution request sufficiently.

    WWC has also influenced the actions of companies through proxy voting. From March 2021 through January 2022, 13,000 proxy ballot line items were voted on WWC’s behalf at approximately 1,200 companies, including 420 shareholder proposed ballot items.

    Colleges and universities across the country can learn valuable insights from the process WWC has developed and followed to engage with the companies in their endowment investment portfolio through proxy voting and shareholder resolutions.

    Read the full briefing paper to learn more (pdf).

    Spotlight: 2022 Climate Week NYC: Roundtable at the Nest Summit

    The Nest Summit, a part of Climate Week NYC, will take place on September 21-22, 2022 and gather the leading organizations in the climate solutions movement.

    IEN’s Roundtable on September 22rd from 1:30 PM to 5:30 PM ET will be a dynamic, interactive set of conversations on mission-aligned investing, ESG options in retirement plans, Net Zero Portfolios, JEDI (Justice, Equity, Diversity & Inclusion) in the investment process and more.

    Please note that attendees will also need to register for the Nest Summit, which can be done for free below:

     

    Updates from the Network
    New IEN Members

    We're pleased to welcome the following members to the network:

    To learn more about the benefits of membership, click here.

    IEN Team News

    IEN is thrilled to welcome our Sustainable Investing Program Manager, Climate Justice & Events, Aicha Ly! Aicha is a recent Eastern Connecticut State University graduate, where she majored in political science and government. Aicha brings her extensive event programming experience to the Network, and will also support our Net Zero Endowments Initiative.

    We also named two new senior fellows, Dorien Nuñez and Garrett Ashley. Dorien (left) is the Co-Founder and Director of Research, The OMNIResearch Group, and Co-Founder of the ‘OMNI Wall Street Advantage’. Garrett (right) is the Vice Chancellor Emeritus of the California State University System. We’re looking forward to contributions both will bring to the network by way of their unique experiences and perspectives.

    Additionally, we extend a warm thank you to our summer sustainable investing intern, Lisa Su. Lisa is studying at Boston College in the class of 2025 and is from the greater Chicagoland area. She’s currently pursuing a degree in finance and business analytics with a minor in philosophy. Thank you for your contributions to the team, Lisa!

    Recent Webinars

    IEN Members can access the following recent webinars through our member-only archive:

    • IEN Learning Cafe with MSCI | August 22, 2022, 12 PM ET
    • IEN Learning Cafe with Southern Reconstruction Fund | August 8, 2022, 12 PM ET
    • Decarbonizing our Maritime Industry and the Global Supply Chain | July 26, 2022
    • The Power of Intersectionality in the Endowment and the Urgency of JEDI & Racial Equity Investing | July 13, 2022
    • Overcoming Unconscious (and conscious) Bias in the Asset Management Industry: A Juneteenth Season Discussion | June 30, 2022
    • Investing for Impact in the Food System: Philanthropic, Private & Public Markets Strategies | April 29, 2022
    Upcoming Events

    Please join us for our upcoming IEN events:

    Other Events

    IEN's Focus Areas
    SIILK (Sustainable & Impact Investing Learning & Knowledge) Network

    We’re thrilled to share that this spring we announced the winners of our 2022 Student Corporate Engagement Challenge! Student teams from Bard College and Virginia Wesleyan University are our graduate and undergraduate winners, respectively.

    And now is the time to indicate your interest in participating in the 2023 Student Corporate Engagement Challenge! Participating students will receive a variety of benefits, including access to mentorship and networking opportunities, free and discounted registration to educational workshops and industry events, presentation opportunities, and multimedia interview opportunities.

    We are also looking for sustainable finance professionals to serve as mentors to students participating in this year's Challenge. Mentors will guide student teams as they develop their investment recommendations and shareholder engagement strategies. If you are a sustainable investing professional, we want you to volunteer to mentor a student team.

    Indicate your interest to compete or mentor a student team here.

    To connect on the Challenge or additional ways to be a part of our work supporting sustainable investing education through SIILK, reach out to Nicole at [email protected]

    Supported by

    Sustainable Retirements: ESG Options for Retirement Plans

    As part of IEN’s Sustainable Retirements Initiative, we launched our Guide to Sustainable Retirements. This guide is designed to provide practical information relevant to plan sponsors, human resources and finance officers and personnel, advocates, employees, investment advisors, legal scholars, and others. It aims to address misconceptions related to the use of ESG funds in retirement plans. In addition, this guide contains modules on financial performance and fiduciary duty concerns, a how-to guide for plan sponsors evaluating the addition of ESG funds to retirement plans, and steps outlining how to advocate for ESG integration in retirement plans.

    The Sustainable Retirements Initiative was also the focal point of a recent panel the Intentional Endowments Network had at GreenFin 2022, entitled “Aligning Retirement Funds With ESG Goals.” The panel, moderated by Georges Dyer and featuring Marina Severinovsky from Schroders, Eric Pitt from Ceres, and Danielle Fugere from As You Sow as speakers, explored how groups like IEN are working to encourage retirement plans to adopt options that will support the transition to a regenerative economy.

    Read the full Guide here.

    Sustainable Retirement News:

    Supported by

    Net Zero Endowments

    In July, we hosted a webinar with IEN Member EnTrust Global and with Purus Marine focusing on the role the maritime industry has in decarbonizing the global supply chain. Members can view the recording here, and you can watch a short highlight reel on our LinkedIn. In August, we hosted a “Learning Cafe” with MSCI, exploring the concepts and methodologies investors can use in tracking progress toward zero carbon emissions, such as Implied Temperature Rise and Carbon Value At Risk.

    IEN’s Net Zero Steering Committee meets monthly to advance this initiative, and in recent meetings heard guest presentations from the Science Based Targets Initiative (SBTi), FFI Solutions, and Ninety One.

    It was encouraging to see a number of net-zero commitments made in the past few months from asset managers like AllianceBernstein. In addition, a number of asset owners have announced their divestment from fossil fuels, including Rose Bruford College, The University of Northampton, and the Presbyterian Church USA, who divested from 5 fossil fuel companies.

    The meaningful progress we’ve seen in this space in the recent months and years is encouraging, and we’ll look to push these commitments forward through our Climate Justice & Net Zero Portfolios panel at our Nest Summit roundtable.

    Supported by

     

     

     

    Justice, Equity, Diversity, and Inclusion (JEDI)

    This summer has been a busy one for our JEDI Initiative! Thanks to the guidance of our new Director of JEDI, Paris Prince, we’ve had the opportunity to host a three-part series on unconscious bias. The first webinar in this series provided an overview of unconscious bias in the asset management industry against a backdrop of Juneteenth season discussions. The second focused on racial equity investing and the power of intersectionality in the endowment, while the third will be a workshop focused on unconscious bias in the hiring process and employee belonging.

    We also enjoyed a learning cafe, the first of its kind for the Intentional Endowments Network, with the Southern Reconstruction Fund! Founder Dorian Burton and senior adviser Theresa Zawacki shared the work SRF is doing to lay the foundations for a restorative economy, especially in the South.

    Supported by

    Investment Governance Working Group

    IEN’s Investment Governance Initiative supports endowment fiduciaries in developing the tools needed to provide the leadership, stewardship, and governance to ensure their portfolios and institutions are positioned to have their investment practices reflect their mission while meeting the endowment’s risk and return objectives.

    Members of the Investment Governance Initiative undertake and enable peer-to-peer connections among endowment trustees.

    The group meets quarterly to hear case studies and expert presentations, network with peers and share best practices, covering a number of topical discussions from how to engage with endowment decision makers to implementing best practices in investment governance with asset managers and allocators and integrating justice, equity, diversity, and inclusion and climate solutions.

    Shareholder Engagement

    In July, we hosted a learning session on As You Vote, a new ESG aligned proxy voting service which was created to streamline the process of proxy voting along ESG guidelines for endowments. As You Sow shared an overview of the service and examples of the impact you can make by proxy voting, and Warren Wilson College and Arizona State University also shared their experience utilizing the service.

    Additionally, be sure to check out our new Briefing Paper: Warren Wilson College, Impacting How Companies Do Business, which details how, through partnerships with IEN and As You Sow, Warren Wilson College has influenced companies’ actions

    If you have interest in getting involved in our shareholder engagement work, reach out to [email protected]

    Featured Resources
    Resources from IEN

    Below are some recent resources from the Intentional Endowments Network and other organizations. To see more reports, articles, videos and other resources by topic, visit the resource page on our website.

    From IEN’s Blog:

    Endowment Sustainable Investing Reports:

    Other Resources from the Field

    Other Resources from the field:

    In the News
    IEN in the News

    Below is a sampling of recent news articles we've posted in our Weekly News Round-Up, ranging in topics from Sustainable, Impact and ESG Investing, Climate Risk, Science & Regulation, Sustainability in Higher Education, Divestment, Clean Energy, and more. To receive news updates directly in your inbox every Friday, manage your mailing preferences here.

    IEN in the News:

    Read more coverage of the network here

    Recent Announcements About Higher Education Endowments Aligning Their Investments with Institutional Goals

    Other News:

    Read coverage of recent announcements by endowments and other asset owners about their progress:

    Received this email as a forward from a colleague? Subscribe to IEN's news updates here.

    If you have an original piece you would like to submit for an upcoming newsletter, or for more information about the Intentional Endowments Network and how you can support this work, please contact Sorelle Ngatchou at [email protected].

    View past issues of IEN’s weekly news summary online here.

     

     

     


  • published Geri Melchiorre in Steering Committee 2022-10-28 10:18:06 -0400

    Geri Melchiorre

    Geri Melchiorre, Senior Director of Investments, University of Illinois System

    Read more

  • published Kunle Apampa in Steering Committee 2022-10-28 10:15:36 -0400

    Kunle Apampa

    Kunle Apampa, Head of Client Solutions & Partnerships, Capricorn Investment Group

    Read more

  • [MEMBER ONLY] SIILK Initiative Quarterly Call 11/10/22

    The Sustainable & Impact Investing Learning & Knowledge (SIILK) Network was formed at the convergence of several conversations within and beyond the Intentional Endowments Network (IEN) around the growing interest in student-managed investment funds (SMIFs) pursuing sustainable investing strategies, as well as the development of sustainable investing focused curriculum.

    SIILK has three main goals: (1) scale the uptake of sustainable investing education, including courses and experiential education opportunities like SMIFs, (2) support SMIFs as they work to build stronger bridges between their SMIF and their institution’s broader endowment, and (3) increase the diversity and number of students that are entering the sustainable investing field.

    This call was open to members only. For more information, please visit SIILKnetwork.org or contact Nicole Torrico at [email protected]

    Recording:


  • [MEMBER ONLY] Net Zero Portfolios Initiative Quarterly Call 12/01/22

    Social equity is central to the need to address the climate crisis.  Marginalized communities, disproportionately Communities of Color, are often the most vulnerable to climate impacts.  To ensure an equitable and just transition, climate solutions must be viewed from a holistic perspective to ensure all communities are protected and have opportunities to benefit from the wealth generated in creating a new economy.   

    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.  

    This call was only open to IEN Members. If you or your organization would like to learn more or participate in this initiative, please contact Georges Dyer at [email protected]

    Recording


  • [MEMBER ONLY] Investment Governance Working Group: Quarterly Call 11/9/22

    IEN’s Investment Governance Initiative supports endowment fiduciaries in developing the tools needed to provide the leadership, stewardship, and governance to ensure their portfolios and institutions are positioned to have their investment practices reflect their mission while meeting the endowment’s risk and return objectives.

    Members of the Investment Governance Initiative undertake and enable peer-to-peer connections among endowment trustees and actively serve as ambassadors for IEN.

    The Investment Governance Working Group will cover a number of topical discussions from how to engage with endowment decision-makers to implementing best practices in investment governance with asset managers and allocators and integrating justice, equity, diversity, inclusion, and climate solutions. Members will engage in activities such as peer learning, resource development, and training programs and will have access to exclusive benefits and resources including partner engagements and leadership recognition through op-ed placement, social media highlighting, and other strategic communications.

    The first meeting of this newly convened group was on November 9, 2022 at 12 PM ET. This 90-minute meeting featured presentations from San Francisco State University, Cambridge Associates, The Investment Integration Project (TIIP), and Competent Boards.

    Presenters:

    Jeff Jackanicz, SFSU

    Mike Pearce, Cambridge Associates

    Nancy Wright, Competent Boards

    Bill Burckart and Monique Aiken, TIIP

     

    To learn more about the benefits of membership, please visit our membership overview page or contact Harrison Ungar at [email protected]


Get up to date IEN News

Sign up for our Newsletters