Despite seeming goodwill blooming with GOP officials in Texas, the asset management firm still draws ire due to ESG considerations.
The Teacher Retirement System of Texas is required by law to boycott companies that divest fossil fuels.
The state pension fund has more than $1 billion invested in companies such as Chevron, Exxon, and ConocoPhillips.
University’s Academic Senate approves recommendations to shift portfolio to ‘positive sustainability investments.’
The school will also invest up to $25 million with climate impact funds.
