Four New York City pension funds reached deals with four investment firms to publicly disclose the race and gender of individual directors.
Over three-quarters of money management firms have formal DEI policies, but the population of decision-makers remains less diverse.
Thomas P. DiNapoli filed new shareholder proposals at four portfolio companies, and refiled with a fifth, seeking racial equity audits.
San Francisco City & County Employees' Retirement System adds restrictions to companies tied to thermal coal mining, tobacco and guns.
John D. and Catherine T. MacArthur Foundation announced plans to divest from fossil fuels.
Investment consultants are more likely to recommend hiring money managers that commit to diversity and inclusion.
Bruce Hogg was named head of Canada Pension Plan Investment Board's new sustainable energy group, a new position.
More than 1 in 5 people in the alternative investment industry are women, representing a slow but steady increase in gender parity.
David DeVos was named global head of ESG and Elena Alschuler was named U.S. head of sustainability at LaSalle Investment Management.
Macquarie Asset Management plans to manage its investment portfolio with a goal of reaching net zero carbon emissions by 2040.
Canadian institutional investors representing $2.3 trillion in assets signed a statement acknowledging systemic racism and pledging action.
Andrea Blackman was named global head of Moody's Corp.'s new environmental, social and governance solutions group.
BlackRock made 974 engagements with 812 of the companies in its global investment portfolio in the second quarter.
Sustainable U.S. money manager Capricorn Investment Group has made a minority investment in Osmosis Investment Group.
U.S. senators have sent competing letters to Fed Chairman Jerome Powell regarding climate risk in BlackRock's management of three programs.
Asset owners and money managers have made direct investments of over $1 billion in sustainable energy financing company Generate Capital.
Robert E. Furdak was named chief investment officer for environmental, social and governance at Man Group.
San Francisco City & County Employees' Retirement System added 17 names to its list of restricted thermal coal companies.
New York City Comptroller Scott Stringer is among 26 investors asking GM to join its peers in adopting California clean-vehicle standards.
An international initiative has released recommendations for the financial sector to mobilize against modern slavery and human trafficking.
Jylanne Dunne was named vice president of Diversity Project North America, an initiative sponsored by NICSA.
CalPERS and New York and Ohio funds head the list of public pension funds that own shares of the two highest-profile prison companies.
CalSTRS' investment committee approved the divestiture of its investments in private prison operating companies CoreCivic and GEO Group.
San Francisco City and County Employees' Retirement System voted to divest five companies as part of its plan to reduce fossil-fuel exposure.
Fidelity Investments, Northern Trust Corp. and State Street Global Advisors are among the charter members of The Diversity Project.