About Us
In keeping with our fiduciary role, the primary investment objective of our portfolio is to provide a sufficient rate of return to support our mission, which is met mostly through grant making. That said, we believe that our portfolio can and should be aligned with our mission and grant making, and that the alignment can happen without having a negative impact on financial return.
Our primary focus is reducing the carbon footprint of our investment portfolio over time. We will also take into account other social and governance factors. While we will continue to evaluate all firms and strategies based on their ability to produce a financial return, we will look to partner with investment firms that have shown a commitment to ESG principals, with a priority on climate change.
We will look to invest with passive managers who engage in effective shareholder advocacy. We will also invest with active managers who integrate ESG factors into their investment decision making and risk management process. Finally, we may also invest a portion of the portfolio with thematically focused managers who look for opportunities within the sustainable investment landscape. This may take place in public and private markets.
In terms of our progress, the vast majority of our publicly traded equities are aligned with the strategies outlined above, and the same is true of many of our private investments. For our properties, our headquarters has solar power with back-up.