August 7, 2023 8:31 AM
Melissa Conyears-Ervin serves as investor of the city of Chicago’s cash holdings and is trustee for its pension funds. Recently she helped divest funds from the top 225 fossil-fuel companies through more than $70 million in sales and maturities. She sponsored an ordinance preventing the city from investing in fossil-fuel companies that fail to protect the planet from climate change and those that do not align with the city’s values. Social impact investments include $25 million to create hundreds of first-time affordable homebuyers on the South and West sides and an additional $10 million in community banks to spur development in minority communities. Conyears-Ervin serves on the board of the Chicago Development Fund.