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Luther College adopts new socially responsible investment strategy
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April 14, 2021
As the Luther College Endowment approaches $200 million, the college is now incorporating environmental, social and governance (ESG) considerations into its investment approach.
In its initial steps, Luther has made revisions to its investment policy statement to recognize new Socially Responsible Investing (SRI) goals. SRI is any investment strategy that considers both financial return and social/environmental good to bring about positive social change. The approach is to consider ESG factors broadly. Portfolio management decisions will continue to be made with the long-term return and support of the college as a primary objective.