
The United States-based Friends Fiduciary Corporation is a Quaker not-for-profit which provides socially responsible investment management for Friends meetings, schools and organizations and recently it announced it will divest from fossil fuel industries. In place of fossil portfolios, Friends Fiduciary will rigorously focus on companies leading the transition to a low carbon economy like clean technology, renewable energy and energy and energy conservation, clean water protection, environmental finance, and low carbon commerce.