| Overall Rating | Silver |
|---|---|
| Overall Score | 54.92 |
| Liaison | Leila Lamoureux |
| Submission Date | Dec. 9, 2024 |
Babson College
PA-4: Sustainable Investment Program
| Status | Score | Responsible Party |
|---|---|---|
|
2.00 / 4.00 |
Leila
Lamoureux Director, Sustainability and Campus Utilization Facilities Mgmt & Planning |
4.1 Sustainable investment policy or committee
Narrative and/or website URL providing an overview of how the institution has incorporated ESG factors and/or climate risk as material issues to be considered when making investment decisions:
The Principals for Responsible Investment (PRI)1 defines responsible investment as an active strategy and practice to incorporate environmental, social and governance (ESG) factors in investment decisions and active ownership. We also believe that diverse teams produce better outcomes for organizations and investment strategies. Therefore, we believe investing in a way that integrates ESG and DEI values will lead to enhanced returns and reduced risk. The Investment Committee will use Babson’s resources to promote these values within the asset management industry by encouraging its partners to incorporate ESG and DEI principals into their investment decision making process and, in the management and operations their firms. The Investment Committee strives to align with firms that share our values. ESG policies and diverse teams can and have had a positive material impact on the management and operations of investment firms. Moving forward, the Investment Committee will encourage our existing partners to develop their own approaches to ESG strategies and DEI practices and we will consider ESG and DEI in the selection process for future investment partners
The Reporting Tool will automatically calculate the following figure:
4.2 Negative screening and divestment
Narrative and/or website URL providing evidence of the institution’s use of negative screening and/or targeted divestment in support of sustainability:
The Reporting Tool will automatically calculate the following figure:
4.3 Investor engagement
Narrative and/or website URL providing an overview of the institution’s proxy voting in support of sustainability:
Has the institution filed a shareholder resolution or signed on to an investor statement in support of sustainability during the previous three years, either directly or through an investment manager?:
Narrative and/or website URL providing an overview of the shareholder resolutions or investor statements in support of sustainability:
Is the institution an active participant in one or more sustainability or ESG-focused investor networks?:
Narrative and/or website URL providing an overview of the institution’s participation in sustainability or ESG-focused investor networks:
The Reporting Tool will automatically calculate the following figure:
Optional documentation
Additional documentation for this credit:
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.