- Fourth: June 2025
The fourth annual ESG report (PDF) was published in June 2025, reflecting information from Fiscal Year 2024. The report provides updates on the following:
- The CEF’s fossil fuel exposure.
- External investment managers currently overseeing approximately 94% of the CEF by value have formal ESG policies in place or take ESG considerations into account when making investments.
The Investment Office continues to meet with key student organizations on a regular basis as well as speak at various University forums to enhance overall awareness and improve dialogue on this important topic.
- Third: May 2024
The third annual ESG report (PDF) was published in May 2024, reflecting information from Fiscal Year 2023. The report provides updates on the following:
- The CEF’s fossil fuel exposure.
- External investment managers currently overseeing approximately 93% of the CEF by value have formal ESG policies in place or take ESG considerations into account when making investments.
A high-level overview of the report can be found in this Pittwire article.
The Investment Office continues to meet with key student organizations on a regular basis as well as speak at various University forums to enhance overall awareness and improve dialogue on this important topic.
- Second: April 2023
In an effort to continue to enhance transparency regarding the CEF and the implementation of the ESG policy, the second annual ESG report (PDF) was published in April 2023, reflecting information from Fiscal Year 2022. The report provides updates on the following:
- The CEF’s fossil fuel exposure.
- The CEF’s approach to direct engagement with underlying companies in which the endowment holds investments and the use of proxy voting.
- External investment managers currently overseeing approximately 87% of the CEF by value have formal ESG policies in place or take ESG considerations into account when making investments.
A high-level overview of the report can be found in this Pittwire article.
- First: March 2022
In March 2022, the University of Pittsburgh’s Investment Office released the “Inaugural Consolidated Endowment Fund Environmental, Social and Governance Report" (PDF). The Fiscal Year 2021 report details how the University of Pittsburgh incorporates environmental, social, and governance (ESG) factors in the management of the University’s Consolidated Endowment Fund (CEF). The report “seeks to provide greater clarity regarding how ESG factors are applied in the [University’s] investment decision-making process as well as report on fossil fuel trends.”
A high-level overview of the report can be found in this Pittwire article.