Interesting report released by Matthew Gouett and the IISD finance team outlining opportunities for Canadian Community Foundations to strengthen their role in tackling climate change through their end

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Ben Simmons
Ben Simmons

Interesting report released by Matthew Gouett and the IISD finance team outlining opportunities for Canadian Community Foundations to strengthen their role in tackling climate change through their end

3 years ago

Interesting report released by Matthew Gouett and the IISD finance team outlining opportunities for Canadian Community Foundations to strengthen their role in tackling climate change through their endowment investments. The recommendations are as follows:

-Move toward positive screening investment strategies and climate investing
-Make all governance documents public
-Make the reporting of endowment holdings and returns transparent
-Streamline endowment management
-Join the Canadian Philanthropy Commitment on Climate Change
-Set targets for diversity, equality, and inclusion on investment committees
-Ensure one investment committee member has recent, relevant environment, social, and governance experience
-Work with smaller foundations to allow access to enhanced endowment management strategies

Many of the recommendations above are relevant not only for a community foundation but also for any organization that has an endowment and cares about climate change.