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Compton Foundation Active in Mission Investing
May 24, 2010By Lisa Hagerman, Monday May 24
The Compton Foundation in Redwood City, California recently joined More for Mission’s Leaders Circle. The foundation’s mission focus is in the areas of Peace & Security, Environment & Sustainability, and Population & Reproductive Health. The foundation has been a leader in mission investing primarily through its public equity investment allocation. As of May 2010 the Compton Foundation maintains at least 85% of its endowment in environmentally and socially screened investments. Shareholder advocacy is also an important initiative for the foundation—both voting their proxies for environmentally and socially responsible corporate policies and co-signing letters to corporate management requesting more environmentally sustainable practices. The foundation also provides their staff with the option of investing in environmentally and socially responsible retirement funds.
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