Investing in the Lives of Others: ESG at Verger

What is ESG?

In the non-profit community, Environmental, Social, and Governance (ESG) factors are increasingly important to organizations and their stakeholders. While the range of topics under this heading can be broad, some common examples of ESG factors include carbon emissions, employee/stakeholder relations, and Board structure.

A focus on ESG impact is part of our culture

Environmental

Environment

Verger is a carbon neutral office. We partner with Climate Vault to offset our corporate office and employees’ personal carbon footprints.

Climate Vault is an award-winning non-profit whose unique, two-pronged approach 1) uses government-regulated markets to immediately and verifiably reduce CO2 emissions and 2) supports innovation in carbon removal technologies designed to eliminate historical pollution. Verger is proud to partner with Climate Vault in our shared goal of finding innovative ways to reduce global carbon emissions.

Social

Social

Verger’s business is built on a deep understanding of the social factor. We believe that team members are one of, if not the most, important part of an investment process.

Our employee benefits package includes:

  • Ability to earn equity in the firm
  • Career and education advancement opportunities for employees and their dependents
  • Parental leave
  • Volunteer Time Off & Charitable Gift Matching

We nurture strategic partnerships and employee resources:

  • Verger Women’s Leadership Initiative
  • Verger Internship Program
  • Institutional Allocators for Diversity Equity & Inclusion
  • HBCUvc
  • Girls Who Invest

Governance

Governance

Verger is proud of our robust governance structure.

In addition to our Board of Managers, we have our Advisory Board and our ESG Task Force. These advisory bodies create a network of expertise. We have always encouraged a great deal of interaction between our Board of Managers, advisory bodies, and our staff.
We are committed to transparency, continued learning, and growth.

Considering ESG Factors Allows Us to Make Better Investment Decisions

How do the managers with whom we invest client capital respond to risks and opportunities, including any related to ESG factors? We believe it is imperative that we continue to evolve our understanding of this question. This belief is part of our commitment to our clients.

Further, Verger invests in a manager’s business and their team – not simply their investment strategy. We believe our research requires an assessment of a manager’s operations and culture. Here, too, ESG issues can influence a manager’s ability to build and manage a successful business.

Exploring ESG for Nonprofit Investment Management

As part of our fiduciary duty, we at Verger seek to understand how the managers with whom we invest client capital are navigating increasingly complex investment risks and opportunities, including any related to Environmental, Social, and Governance (ESG) factors.