Category Archives: socially responsible investing

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College Provides $750,000 to Fight Blight at Its Doorstep

Bottom Line

A three-story residence on Osborn Street, near Providence College, was among the properties that the Smith Hill Community Development Corporation renovated for use as affordable housing. The college has pledged $750,000 to the organization to support its work. (Smith Hill Community Development Corporation)

Plenty of urban colleges struggle with neighborhood blight, and Providence College is among them. Situated on 105 acres overlooking Providence, R.I., the college borders Smith Hill, where aban…

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‘Responsible Investing’ Is No Passing Fad, Report Says

The landscape is changing for so-called responsible investing, and  governing boards must adjust their strategies accordingly to gain a competitive advantage, according to a new report from the Commonfund Institute.

“Responsible investing” is the collective term given to three major categories of investing: socially responsible investing, or SRI; environmental, social, and governance investing, or ESG; and mission-related or impact investing. The combined responsible-investing market was worth s…

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Report Calls for Socially Conscious Investing by Colleges

With more than $400-billion in endowment assets at their disposal, America’s colleges are well positioned to invest in the financially struggling communities in which they may be located, according to a new report by two groups concerned with community development and social justice.

“Raising Student Voices: Student Action for University Community Investment,” a report by the Democracy Collaborative and the Responsible Endowments Coalition, asserts that everyone benefits when colleges invest in …

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Divesting From Fossil-Fuel Companies Is Unlikely to Harm Endowments, Report Says

College-endowment managers who resist the growing call to divest their holdings in fossil-fuel companies may be doing so for little or no financial reason, according to a new report.

An analysis released on Tuesday by the Aperio Group, an investment-management firm that offers its clients a “socially responsible index,” among other investment strategies, found that while divesting from fossil-fuel companies does not necessarily add value to a portfolio, it does not subtract value from it either,…