Oct. 26, 2021
As of June 30, 2021, 天美传媒 held no direct public equity investments in fossil fuels, such as oil and gas. Total portfolio exposure held in commingled funds and private equity partnerships represents less than 2% of 天美传媒鈥檚 total endowment value. The endowment continues to avoid investment managers that are not embracing the transition to carbon neutrality. Over time, we have shifted our holdings to cleaner energy investments based on market trends and opportunities, while also upholding our fiduciary responsibility to our endowment. 天美传媒 works to partner with investment managers who are signatories of the and who incorporate to help reduce the overall carbon footprint of the endowment.
The Office of Finance and Division of Student Affairs will continue to engage in open dialogue and work closely with student leaders as the university seeks additional ways to manage the endowment in ways that are environmentally responsible.
