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Board should consider updating investment goals #18

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rduerr opened this issue Jul 26, 2023 · 2 comments
Open

Board should consider updating investment goals #18

rduerr opened this issue Jul 26, 2023 · 2 comments
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@rduerr
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rduerr commented Jul 26, 2023

which currently are:

INVESTMENT OBJECTIVE

The overall investment objective of the Organization is to maximize the return on invested assets while minimizing risk and expenses. This is done through prudent investing and planning, as well as through the maintenance of a diversified portfolio.

There is no mention of ethics, sustainability of human civilization, climate change, etc. Is financial return truly ESIP's only goal given its vision and mission?

If so, then ESIP P&P 3.6 Asset Management Policies.md needs serious updating in many places

@aebudden
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aebudden commented Apr 2, 2024

In the process of review by ESIP President and Finance Comm chair. Governance awaits outcome of review for recommended changes to policy language.

@aebudden
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Still awaiting outcome of review

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