UCF urges Shell to leave ALEC
June 10, 2015 5:08 pm Leave your thoughtsUCF is one of several ethical investors urging Shell to cancel its membership with ALEC, an organization with a questionable stance on climate change.
UCF is one of several ethical investors urging Shell to cancel its membership with ALEC, an organization with a questionable stance on climate change.
United Church Funds 2014 Annual Report.
UCF was one of only a handful of US co-filers on both the BP and Shell resolutions. The Aiming for A investor coalition urges fossil fuel companies to achieve the highest level of assessment by the Carbon Disclosure Project.
Katie McCloskey, UCF’s Director of Social Responsibility, joined other faith-based investors in an interview with Faith and Investing: Rediscovering the Soul of an Investment Revolution — the latest issue of Green Money.
The following is a market insight provided by David Klassen, Chief Investment Strategist.
UCF and the PBUCC have together invested $20 million in Green Bonds as part of the fixed income portfolio, furthering UCF’s commitment to a low-carbon economy.
UCF’s Investment Committee met in New York on June 16 to review the portfolio’s performance and discuss the development of two new fund options for investors.
Despite longstanding pressure from shareholders for public companies to disclose political spending, the SEC recently removed a plan to consider the rule from its agenda.
Andrew Russell, Head of Fixed Income Investments provided his insight on protecting portfolio against higher interest rates.