Harvard seeks in-house specialist to integrate ESG issues into investment process
By Barry B. Burr | February 19, 2013 4:17 pm
The $30.7 billion Harvard Management Co., Boston, is searching for a vice president-sustainable investing, a new position.
“Given the growing conversation around sustainability and related issues on campus and across the financial sector, we wanted to develop a more integrated approach to these issues at HMC,” Jane Mendillo, HMC president and CEO, said in a statement. “We are long-term investors and that means we are concerned with sustainability and stewardship. This new position will strengthen this longstanding focus at HMC.”
All the endowment fund’s investments are vetted for potential returns, risks and sustainability, Ms. Mendillo said.
The vice president-sustainable investing would work with investment management professionals across all assets classes to analyze how environmental, social and governance issues are integrated into the investing process and suggest related enhancements at HMC, which oversees Harvard University’s endowment fund and other assets, according to a posted job description.
Among other duties, the vice president-sustainable investing would advise on possible partnerships related to ESG investing and provide support to Harvard University’s Corporation Committee on Shareholder Responsibility.
The person chosen will report to Kathryn I. Murtagh, managing director and chief compliance officer.
Qualifications include investment management working experience and knowledge of social responsibility investing trends.
The position is posted on adp.com, where interested candidates may apply.