ARCATA, Ca. (KIEM) – Humboldt State is getting additional investments in mutual funds.
The Humboldt State University Foundation is increasing its investments in socially and environmentally responsible institutional funds to 26 percent, well beyond the 10 percent goal.
The board of the HSU Foundation is considering changes to expand to as much as a 36 percent increase.
The investment policy was launched when universities and colleges were being encouraged to divest in the fossil fuels.
In 2014 the foundation board unanimously adopted the Humboldt Investment Pledge which laid out broad goals to guide investment activity.