LINCOLN- The University of Nebraska Board of Regents is set to amend the policy that guides its endowment investment decisions. NU President Ted Carter said this decision is key to upholding the vision for sustainability and responsible stewardship of its resources. The change will allow the board to consider environmental, social and governance criteria when investing holdings. Currently, the board operates solely based on maximizing returns.

Carter noted the students for their leadership throughout the discussion about sustainability across the NU system.

"The chancellors and I share that commitment to being good stewards of our natural resources and we want to align our investments accordingly. We also believe our investment strategy should reflect the common-sense values of Nebraskans," said Carter.

The board controls around $370 million, known as Fund N, in which only 2% of that figure goes to energy companies which is down 6.5% from a year ago. Beginning this month, the board will report their investments online as a request from students to be more transparent.

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