Bucknell University
PA-10: Sustainable Investment
Status | Score | Responsible Party |
---|---|---|
3.29 / 5.00 |
Angela
Motto Director Office of Investment |
Total value of the investment pool:
Value of holdings in each of the following categories:
Value of holdings | |
Sustainable industries (e.g., renewable energy or sustainable forestry) | 0 US/Canadian $ |
Businesses selected for exemplary sustainability performance (e.g., using criteria specified in a sustainable investment policy) | 0 US/Canadian $ |
Sustainability investment funds (e.g., a renewable energy or impact investment fund) | 14,000,000 US/Canadian $ |
Community development financial institutions (CDFIs) or the equivalent | 0 US/Canadian $ |
Socially responsible mutual funds with positive screens (or the equivalent) | 270,000,000 US/Canadian $ |
Green revolving funds funded from the endowment | 0 US/Canadian $ |
A brief description of the companies, funds, and/or institutions referenced above:
The holdings in socially responsible funds includes public positions in actively managed commingled or mutual funds that incorporate positive screening techniques, active company engagement, and have made commitments to corporate social responsibility across their strategies. Included are only those managers that have all three: DE&I policy, ESG Policy and are a member of the UNPRI.
Percentage of the institution's investment pool in positive sustainability investments:
Does the institution have a publicly available sustainable investment policy?:
A copy of the sustainable investment policy:
The sustainable investment policy:
Does the institution use its sustainable investment policy to select and guide investment managers?:
A brief description of how the sustainable investment policy is applied:
The ESG sub-committee is responsible for the oversight and recommendation of ESG investments sourced by the Investment Office or Investment Advisor(s) and that satisfy the ESG definitions to which the ESG Framework was established.
The investment due diligence process includes an evaluation of manager's approach to incorporating ESG risk factors into their strategies and investment processes. This analysis is codified as a distinct section in every investment memo and contributes to our selection process for adding new managers across all asset classes. Ongoing monitoring of existing investment managers provides additional conversations and new developments within active engagement and discussions specific to the asset class.
Has the institution engaged in proxy voting, either by its CIR or other committee or through the use of guidelines, to promote sustainability during the previous three years?:
A copy of the proxy voting guidelines or proxy record:
A brief description of how managers are adhering to proxy voting guidelines:
Has the institution filed or co-filed one or more shareholder resolutions that address sustainability or submitted one or more letters about social or environmental responsibility to a company in which it holds investments during the previous three years?:
Examples of how the institution has engaged with corporations in its portfolio about sustainability issues during the previous three years:
Does the institution participate in a public divestment effort and/or have a publicly available investment policy with negative screens?:
A brief description of the divestment effort or negative screens and how they have been implemented:
Approximate percentage of endowment that the divestment effort and/or negative screens apply to:
Does the institution engage in policy advocacy by participating in investor networks and/or engage in inter-organizational collaborations to share best practices?:
A brief description of the investor networks and/or collaborations:
Website URL where information about the institution’s sustainable investment efforts is available:
Additional documentation to support the submission:
Data source(s) and notes about the submission:
Bucknell University empowers the education of bright, determined leaders every day. In 1846, the University’s founders made a commitment to unlock opportunities for individuals whose desire for change fuels their learning. That commitment remains the focus of University leadership as they guide the continual quest to create sustainable, equitable access to Bucknell. The Bucknell University endowment serves as a base for ongoing support, directly enabling future-focused
strategic efforts for growth and distinction. Endowment funds support scholarships, professorships, academic programs, athletics, the Bertrand Library, facilities and capital improvements, and the general operations of the University. Opportunities exist for new funds to be developed that specifically target student well-being and the whole student experience. And it all combines to extend the generosity of donors from the past and present to create a sustainable, confident future. Donors who give with the future in mind know that they are contributing to the continuance of Bucknell’s mission: to educate students for a lifetime of critical thinking and strong leadership characterized by continued intellectual exploration, creativity and imagination.
A Sustainable Future
Bucknell University empowers the education of bright, determined leaders every day. In 1846, the University’s founders made a commitment to unlock opportunities for individuals whose desire for change fuels their learning. That commitment remains the focus of University leadership as they guide the continual quest to create sustainable, equitable access to Bucknell. The Bucknell University endowment serves as a base for ongoing support, directly enabling future-focused
strategic efforts for growth and distinction. Endowment funds support scholarships, professorships, academic programs, athletics, the Bertrand Library, facilities and capital improvements, and the general operations of the University. Opportunities exist for new funds to be developed that specifically target student well-being and the whole student experience. And it all combines to extend the generosity of donors from the past and present to create a sustainable, confident future. Donors who give with the future in mind know that they are contributing to the continuance of Bucknell’s mission: to educate students for a lifetime of critical thinking and strong leadership characterized by continued intellectual exploration, creativity and imagination.
The information presented here is self-reported. While AASHE staff review portions of all STARS reports and institutions are welcome to seek additional forms of review, the data in STARS reports are not verified by AASHE. If you believe any of this information is erroneous or inconsistent with credit criteria, please review the process for inquiring about the information reported by an institution or simply email your inquiry to stars@aashe.org.