In 2017, New Jersey’s Police and Firemen’s Retirement System took a closer look at its investment in Nike Inc. following an advertising campaign featuring former National Football League player Colin Kaepernick, who had ignited controversy in 2016 by taking a knee during a pre-game national anthem in protest of the police treatment and killings of […]
On Nov. 7, 2018, the California State Teachers’ Retirement System (CalSTRS) announced that it will be divesting from two U.S. publicly-held companies that operate private prisons. Then, on Nov. 14, 2018 CalSTRS announced it is part of a coalition representing $4.83 trillion in assets that joined together to promote five principles for a responsible firearms […]
The Ontario Teachers’ Pension Plan has signed an agreement promising to divest from the tobacco industry as part of a wider pledge supported by multiple global government and health organizations. “Given the reputational, social and commercial headwinds facing the tobacco industry today, we are no longer confident that it represents an attractive investment opportunity for a […]
Mission hedging argues foundations and endowments can do more good by loading up on profitable companies they oppose.