Study: Educational Endowments' Investment Returns Averaged 15.5 Percent

Environmental/Social/Governance Investing Criteria

Fourteen percent of NCSE participants said they seek to include in their portfolios investments that rank high on environmental, social and governance (ESG) criteria. Twenty-five percent said they exclude or screen out investments that are inconsistent with the institution’s mission, while 15 percent said they allocate a portion of the endowment to investments that further the institution’s mission. Just 6 percent of institutions said their board had voted to exclude responsible investing considerations, while 75 percent of respondents said their board had not taken similar action. Seven percent said they were considering changing their investment policy to include ESG integration, while 69 percent said they were not doing so.