Weekend Link Roundup (August 1-2, 2015)
While the decision of the Hewlett Foundation to amend its social investment policy to say it will "refrain from future investments in private partnerships primarily involved in oil and gas drilling" falls far short of divestment, it is significant nonetheless. Marc Guntherexplains.
In the New Yorker, Katy Lederer explains how a new report from international consulting firm Mercer not only quantifies the investment impacts of various climate-change scenarios, it makes clear that as climate change "trashes" the economy, superfiduciaries— sovereign wealth and pension funds, foundations, and endowments — are not going to be able to meet their long-term obligations.
Nauffts, Mitch, "Weekend Link Roundup (August 1-2, 2015)" (2015). In the News. 620.