For the past 6 years, student organization, Divest Dal, has been advocating for the Dalhousie University endowment fund to divest of fossil fuel investments. This week, Dal's governing board, chaired by Larry Stordy, backed a decision to adhere to the United Nation's Principles of Responsible Investing in the management of the $625 million fund. This move shows the university's commitment to incorporating Environmental, Social and Governance (ESG) issues into its investment practices as outlined below in the Signatories Commitment.
I am available here to discuss incorporating ESG issues into your own portfolio, whether personal or institutional.
(Photo credit Kendra Lovegrove)