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Commonfund Forum:
A Carbon Neutral Event in 2019

May 23, 2019  | by Tony Ialeggio

Industry Knowledge

In just two years Commonfund will celebrate its 50th anniversary as a non-profit investment manager for educational endowments, foundations and other tax-exempt investors. Throughout those almost five decades, Commonfund has pursued a singular mission – to enhance the financial resources of our clients by delivering exceptional performance, service and insight. Beyond our focus on investment excellence, we have also shared our clients’ dedication to addressing the social, economic and environmental challenges of our time.

This past year Commonfund released its first Corporate Responsibility Report. In it, we provide a view into the work being done across all aspects of our business to further incorporate responsible and sustainable practices. As part of our commitment to sustainability, we made our annual client conference, Commonfund Forum, a carbon neutral event for the first time in 2019. View our Certificate of Climate Protection.

We engaged a carbon finance consulting firm, the South Pole group, to work with us on this project. They provided the accounting and audit services to measure our carbon footprint – everything from travel emissions to air conditioning and the food we ate – was included. The conference generated 411 tons of carbon. We, in turn, purchased carbon credits which are funding an exciting project – Kariba REDD+ in Zimbabwe, Africa. The funding will reduce carbon output by an equal amount, thereby making Forum net zero emissions. As a bonus, the project aligns with 9 of the 17 Sustainable Development Goals outlined by the United Nations and we are very proud to be contributing to it. We thank all of our clients and guests for joining us at Forum this year and for supporting the project, too.

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Click here to view our Certificate of Climate Protection.

Authors

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Tony Ialeggio is responsible for the development and execution of firm-wide marketing strategies and branding. Prior to joining Commonfund, Tony was Executive Vice President, Director of Global Marketing at Cohen & Steers where he had overall responsibility for branding, communications, marketing strategy and product management. Prior to Cohen & Steers, he spent ten years at AllianceBernstein, where he was a Managing Director and held a number of marketing, planning and product management positions. Tony has twenty six years of professional experiences and has a B.A. in Political Science from Tulane University.
Tony Ialeggio
Managing Director, Chief Marketing Officer
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Information, opinions, or commentary concerning the financial markets, economic conditions, or other topical subject matter are prepared, written, or created prior to printing and do not reflect current, up-to-date, market or economic conditions. Commonfund disclaims any responsibility to update such information, opinions, or commentary. To the extent views presented forecast market activity, they may be based on many factors in addition to those explicitly stated in this material. Forecasts of experts inevitably differ. Views attributed to third parties are presented to demonstrate the existence of points of view, not as a basis for recommendations or as investment advice. Managers who may or may not subscribe to the views expressed in this material make investment decisions for funds maintained by Commonfund or its affiliates. The views presented in this material may not be relied upon as an indication of trading intent on behalf of any Commonfund fund, or of any Commonfund manager. Market and investment views of third parties presented in this material do not necessarily reflect the views of Commonfund and Commonfund disclaims any responsibility to present its views on the subjects covered in statements by third parties. Statements concerning Commonfund’s views of possible future outcomes in any investment asset class or market, or of possible future economic developments, are not intended, and should not be construed, as forecasts or predictions of the future investment performance of any Commonfund fund. Such statements are also not intended as recommendations by any Commonfund entity or employee to the recipient of the presentation. It is Commonfund’s policy that investment recommendations to its clients must be based on the investment objectives and risk tolerances of each individual client. All market outlook and similar statements are based upon information reasonably available as of the date of this presentation (unless an earlier date is stated with regard to particular information), and reasonably believed to be accurate by Commonfund. Commonfund disclaims any responsibility to provide the recipient of this presentation with updated or corrected information. Past performance is not indicative of future results. For more information please refer to Important Disclosures.

Disclaimer

Information, opinions, or commentary concerning the financial markets, economic conditions, or other topical subject matter are prepared, written, or created prior to printing and do not reflect current, up-to-date, market or economic conditions. Commonfund disclaims any responsibility to update such information, opinions, or commentary. To the extent views presented forecast market activity, they may be based on many factors in addition to those explicitly stated in this material. Forecasts of experts inevitably differ. Views attributed to third parties are presented to demonstrate the existence of points of view, not as a basis for recommendations or as investment advice. Managers who may or may not subscribe to the views expressed in this material make investment decisions for funds maintained by Commonfund or its affiliates. The views presented in this material may not be relied upon as an indication of trading intent on behalf of any Commonfund fund, or of any Commonfund manager. Market and investment views of third parties presented in this material do not necessarily reflect the views of Commonfund and Commonfund disclaims any responsibility to present its views on the subjects covered in statements by third parties. Statements concerning Commonfund’s views of possible future outcomes in any investment asset class or market, or of possible future economic developments, are not intended, and should not be construed, as forecasts or predictions of the future investment performance of any Commonfund fund. Such statements are also not intended as recommendations by any Commonfund entity or employee to the recipient of the presentation. It is Commonfund’s policy that investment recommendations to its clients must be based on the investment objectives and risk tolerances of each individual client. All market outlook and similar statements are based upon information reasonably available as of the date of this presentation (unless an earlier date is stated with regard to particular information), and reasonably believed to be accurate by Commonfund. Commonfund disclaims any responsibility to provide the recipient of this presentation with updated or corrected information. Past performance is not indicative of future results. For more information please refer to Important Disclosures.