Joseph Stiglitz to Speak at Responsible Endowments Coalition Celebration
Nobel Laureate economist Joseph Stiglitz will be the keynote speaker at The Responsible Endowments Coalition (REC) Winter Celebration and Fundraiser, honoring Anuradha Mittal and the Oakland Institute, to be held in New York City on February 15th. The REC is a student-led, not-for-profit organization that works to improve the environmental, social and governance practices of corporations by transforming the way universities invest their endowments. Founded in 2004 by a group of undergraduates from Barnard College, Duke University, the University of Pennsylvania, Swarthmore College and Williams College who wanted to encourage their alma maters to invest for a purpose higher than merely financial returns, the REC now counts over 100 active schools in its network.
The organization provides information and technical assistance to students who wish to engage their colleges and universities in more responsible investing. It also works with administrators and trustees, providing support to them on integrating responsible investment into the management of their endowments.