ANN ARBOR, Mich. – University of Michigan’s president announced a massive change in where the school invests its money and the companies it chooses to partner with.
The university’s new president, Santa Ono, told a crowd of campus leaders that the school would be investing $300 million in socially responsible companies.
A socially responsible company works to protect the environment and operates transparently while also providing a strong financial return.
The plan follows a trend among universities and colleges across the country over the last decade, but has become a focus primarily in the wake of the 2020 protests against racial injustice.
It is currently unclear which companies the university will be investing in, a spokesperson said in a statement, “there remain many details still to be worked out.”
We do know that the school will be working with a third-party company called Sustainalytics that scores companies on a socially responsible scale. The university would then choose from that list.
Copyright 2022 by WDIV ClickOnDetroit – All rights reserved.
The utility industry is facing disruption: As citizens increasingly transition to electric vehicles and adopt renewable energy sources, utility c
Cooper Companies Inc CCOO raised its annual revenue forecast on Thursday, after beating Wall Street estimates for quarterly sales on the back of strong demand
Northern Ireland is a hot spot for engineering firms of all specialties from computer hardware manufacturing to industrial development. The sector is one of the
The United Kingdom is home to thousands of cybersecurity companies. They make up a sector contributing to public and national security while also drawing the g