San Francisco-based Dignity Health announced Thursday that it will limit its investments in thermal coal companies going forward and expand its environmentally friendly investments.
To strengthen the nonprofit's advocacy efforts, Dignity has urged its portfolio managers to expand investments in sustainability-focused asset managers and investment opportunities addressing climate change. The move aims to align the system's financial investments with its healthcare mission.
"Our healing mission requires us to recognize the impact of climate change as a prominent public health issue," said Shelly Schlenker, vice president of public policy, advocacy and government affairs at Dignity Health. "Because of this, we've taken a hard look at our environmental policies and taken steps to ensure that we limit our relationships with the worst environmental offenders."
Also this week, Dignity Health officials are attending meetings at the 21st Conference of the Parties of the United Nations Framework Convention on Climate Change in Paris.
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