Stay updated with breaking news from சுன் லாய். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Rockefeller Foundation Updates 04.06.21 $22 billion $1 billion attachment | https://www.rockefellerfoundation.org/wp-content/uploads/2021/04/The-Rockefeller-Foundation-Ethical-Investing-Policy-Framework.pdf Read the Policy Commits to investing its $6 billion endowment in a way that matches its values NEW YORK | April 6, 2021 – The Rockefeller Foundation announced a new Ethical Investment Policy that publicly sets out the manner in which the 108-year old institution manages its endowment. Designed to be an enduring framework that will evolve over time, the policy articulates the importance of maintaining a healthy and high-performing endowment, while simultaneously investing in a manner consistent with the goals and aspirations of the Foundation. The Foundation got its start in 1913 when Standard Oil founder John D. Rockefeller provided an original endowment of $100 million. Since that time, the Found ....
Arnault heir joins power trio in charge of Tiffany and Co Alexandre Arnault is being widely regarded as the heir apparent of his father’s French luxury goods empire LVMH with his appointment to the new executive leadership of Tiffany and Co. Arnault (pictured), 28, is the second eldest son of Bernard Arnault (pictured below), 71, the billionaire chairman and chief executive of LVMH. The next-gen led luggage manufacturer RIMOWA since January 2017, after initiating and leading its acquisition by LVMH. Arnault junior became executive vice president, product and communications of Tiffany this week at a disruptive time for the premium market during the coronavirus pandemic. The appointment of the new leadership team came at the completion of LVMH’s turbulent record $15.8 billion acquisition for the US luxury jeweller last month. ....
Rockefeller Foundation to quit tapping fossil-fuel investments The $5 billion New York-based foundation, which was originally funded from proceeds of oil production, announced in a news release on Dec. 18 that not only would it divest from its current fossil fuel holdings, but that it would also refrain from investing in the sector going forward. Roughly 2% of the foundation s assets are currently in fossil fuel holdings. It will cut this allocation down to less than 1% in the near future, according to the release. A foundation spokeswoman declined to comment on a specific timeframe or how these funds will be reallocated within the overall portfolio. ....
La Fundación Rockefeller desinvertirá en combustibles fósiles economiahoy.mx - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from economiahoy.mx Daily Mail and Mail on Sunday newspapers.
Rockefeller Foundation plans to divest fossil fuel holdings Michael McDonald, Bloomberg News The silhouette of a pumpjack is seen at dusk in the Permian Basin near Midland, Texas, U.S., on Friday, March 2, 2018. Chevron, the world s third-largest publicly traded oil producer, is spending $3.3 billion this year in the Permian and an additional $1 billion in other shale basins. Its expansion will further bolster U.S. oil output, which already exceeds 10 million barrels a day, surpassing the record set in 1970. Photographer: Daniel Acker/Bloomberg , Bloomberg (Bloomberg) The Rockefeller Foundation, established more than a century ago by oil magnate John D. Rockefeller, plans to divest from fossil fuels as it commits more capital to green investments. ....