TIME100 Climate Names Dorsey as $40T Divestment Movement Grows
Washington – November 10, 2026 -- More than 1,700 institutions holding approximately $40 trillion in assets have made fossil-fuel divestment commitments, a movement that helped earn Dr. Ellen Dorsey, Executive Director of Wallace Global Fund (WGF), a place on TIME's 2026 TIME100 Climate list of the 100 most influential climate leaders.
WGF's fossil-free endowment delivered top-decile returns
WGF moved its entire endowment out of fossil fuels and other harmful industries in 2010 and into a 100% mission-aligned portfolio. The portfolio posted top-decile investment returns in its last full decade. That record challenges the argument that institutions must choose between financial performance and climate commitments.