Aligning Our Investments With Our Mission, Values, and Programs

MacArthur President John Palfrey shares our path to divest from fossil fuels and diversify our asset managers.

Climate change is likely the greatest existential threat to our planet and our collective well-being. With each major scientific report on climate change, the news is more worrisome, not less. Charitable foundations like ours must use all the tools at our disposal to ensure it does not get worse.

Invest-Divest to Address Climate Change

As we begin to divest our investment assets from businesses in the fossil fuel industry, we are ramping up investments in companies and funds that seek to address climate change.

Acknowledging Critiques, Being Accountable

We have in the past received criticism that our funding for climate solutions and some aspects of our investment portfolio have appeared to work at cross purposes. Our Board committed to continuing to review our approach periodically in light of changing circumstances, new knowledge, and emerging opportunities. Today, following the Board’s comprehensive review of our strategies, we take these next steps to align our investments with our goal to address the climate crisis while continuing our responsibility to steward our funds.

Diversifying Our Money Managers

We also have more work to do in diversifying the managers who invest our endowment assets. Just as we seek to address the climate crisis, we seek to address historic and present-day inequities along the lines of race, ethnicity, disability, and gender, among other divides.

Achieving Business Diversity

We seek to address historic and present-day inequities along the lines of race, ethnicity, disability, and gender.

We support creative people and effective institutions committed to building a more just, verdant, and peaceful world. ⚖🌿☮🌎