Environmentally and Socially Responsible Investing
The UConn Foundation is dedicated to addressing issues regarding environmental sustainability and its impact on economic growth, asset value, and financial markets and is committed to making investments that have positive effects on society.
We have a longstanding commitment to evaluating investment opportunities based on environmental, social, and governance (ESG) risk factors, with ESG risk factors weighed alongside other material risk factors that influence investment decision making.
The UConn Foundation endowment has only 0.06 percent direct investment in fossil fuels. Within our portfolio, we hold only one direct investment that accounts for this negligible percentage, which is expected to wind down to zero by 2025. This is the only direct investment in fossil fuels remaining in our portfolio and we have not made any new fossil fuel investments since 2013. The UConn Foundation remains committed to evaluating all new investment opportunities on ESG factors.
The UConn Foundation endowment has 0.06 percent direct investment in fossil fuels, expected to wind down to zero by 2025.
We are committed to evaluating investment opportunities on ESG factors. The UConn Foundation endowment has not made any direct investments in fossil fuels since 2013.
We work with advisor StepStone on private asset manager selection, and today our portfolio has evolved to include investments focusing on environmental impact areas such as geothermal energy projects, wind power generation, residential solar projects, waste to energy, and environmental cleanup solutions.
We work with advisor BlackRock on portfolio allocation and manager selection in public assets and hedge funds. BlackRock is a leader in the field of sustainable investing, and a strong advocate of incorporating ESG considerations into all investment decisions.