Environmental Social and Governance Investments. As Fiduciaries, this committee and Investment Policy Statement must make decisions in the best interest of all beneficiaries regardless of individual parish, or personal preferences or values. However, a parish MAY direct the Investment Fund Committee to invest the particular funds of that Parish to be in a diversified account which follows the UN Principles of Environmental, Social and Governance guidelines. The Parish in so doing this direction, makes the Investment Fund Committee and the Diocese of Northern California DIRECTED AGENTS; only for this investment direction. All other Fiduciary Responsibilities and requirements on the part of the Investment Committee and Diocese stand as with the Funds A, B and C. For informational purposes only, the following definitions are what guide the investment selection rather than a list of companies that may or may not be held at any one time in history: Environmental: How a company performs as a xxxxxxx of the natural environment. Examples include a company’s carbon footprint (climate change), energy sources (natural resources), and pollution standards.
