New York – (business wire) — The Investment Integration Project (TIIP) today announced the formation of a new racial equities working group, including leaders from pension funds, institutional investors, impact investment practitioners, and other industry associations and intermediaries. . Working group members address racial inequity as a systemic risk and guide investor behavior to become part of the solution through the deployment of system-level investment strategies, policies, programs, or products. .
Adam Konnaker, Director of Impact Investing at the Sardona Foundation, which supports the initiative, said: “This working group brings together people who understand the problems and pathways to overcoming systemic racism with those who oversee the largest pools of capital, so they are better equipped to tackle systemic risks. it’s in order.”
Over the next 12 months, the Working Group will support TIIP, create new resources, and adapt resources to help investors incorporate racial equality into their strategies and advance economic opportunity for people of color. Digging deeper into racial justice. These resources enhance and support the Systems Aware Investing Launchpad (or SAIL). It is a “one-stop-shop” that provides answers to basic system-level investment questions as well as practical system-level investment implementation support and tools.
“Racial equity can and should be embedded in new frameworks for sustainable and impactful investment,” said SEIU deputy director and co-chair of the working group. says Renaye Manley. “If we do not confront racial injustice as a systemic risk to our markets, we will not be able to deliver on our promise to use capital for social and environmental outcomes.”
Working group members are:
-
Monique Aiken, Managing Director, TIIP
-
Tynesia Boyea-Robinson, CapEQ President and CEO
-
William Burkhart, TIIP CEO
-
Noel Pacalo Brown, First Vice President, Morgan Stanley, Conscious Wealth Management Group
-
Jim Casselberry, Co-Founder and CEO, Known Holdings
-
Adam Connaker, Director of Impact Investing, Surdna Foundation
-
Erika Seth Davies, CEO, Rhia Ventures
-
Mekaelia Davis, Director of Black Family Mobility, Ballmer Group
-
Dianne Dillon-Ridgley, Chair, Intentional Giving Network
-
Raudline Etienne, Founder and CEO of Daraja Capital
-
Rodney Foxworth, CEO, Common Future
-
Mahlet Getachew, MD, Corporate Racial Equity, PolicyLink
-
Lissa Glasgo, Director, IRIS/Impact Measurement and Management, GIIN
-
Renaye Manley, Deputy Director of Strategic Initiatives, SEIU
-
Bhakti Mirchandani, MD, Responsible Investment, Trinity Church Wall Street
-
Shannon O’Leary, CIO, St. Louis.Paul & Minnesota Foundation
-
Marvin Owens, Chief Engagement Officer, Impact Shares
-
Vanessa Roanhorse, Founder and Portfolio Lead, Roanhorse Consulting
-
Santhosh Ramdoss, Interim President and CEO, Gary Community Ventures
-
David Wood, Director, Institute for Responsible Investment, Harvard University
-
Jessica Ziegler, TIIP Research Director
Rodney Foxworth, CEO of Common Future and another co-chair of the working group, said: “There is no greater systemic risk to the health and functioning of our economy than existing racial inequalities in the way capital is allocated.”
The Racial Equity Working Group is one of several investor groups supporting the TIIP over the next 12 months. The investor cohort will work together to inform and enhance TIIP’s Systems Aware Investing Launchpad (or SAIL). It provides a set of tools and communities of practice to help investors advance racial equality, mitigate other systemic risks, and invest in ways that help solve them. .
For more information on supporting this initiative and applying to join the Investor Cohort, please contact TIIP at SetSAIL@TIIProject.com.
Investment Integration Project (TIIP)
TIIP’s mission is to help investors understand how a healthy social, environmental and financial system can benefit their portfolios. TIIP provides consulting services, applied research, and turnkey solutions to help investors pursue system level investments. It is a forward-thinking approach to sustainable and impactful investing focused on managing systemic risk and investing in solutions to systemic problems. For more information, please visit https://www.tiiproject.com.
Surdona Foundation
The Surdna Foundation seeks to foster just and sustainable communities in the United States, guided by the principles of social justice and characterized by a healthy environment, an inclusive economy, and a thriving culture. Surdna has been ruled primarily by descendants of John Andrus for over five generations of him and has built a tradition of providing innovative services to those in need of help and opportunity. For more information, please visit www.surdna.org.