|Submission Date||June 9, 2017|
PA-8: Committee on Investor Responsibility
|2.00 / 2.00||
Associate Vice President
Does the institution have a formally established and active committee on investor responsibility (CIR) that makes recommendations to fund decision-makers on socially and environmentally responsible investment opportunities across asset classes?:
The charter or mission statement of the CIR or other body which reflects social and environmental concerns or a brief description of how the CIR is tasked to address social and environmental concerns:
Through the Bard College Socially Responsible Investment Committee (a group of 4 elected student representatives and 4 faculty and staff members), Bard actively screens its investments and engages companies over issues of concern.
Does the CIR include staff representation?:
Does the CIR include faculty representation?:
Does the CIR include student representation?:
Members of the CIR, including affiliations and role (e.g. student, faculty, staff, alumni):
Dimitri Papadimitriou, Executive Vice President;
Taun Toay, Associate Vice President;
Debra Pemstein, Vice President of Development and Alumni/ae Affairs;
Kevin Parker, Controller;
and four students elected from the undergraduate body.
Examples of CIR actions during the previous three years:
The Bard Socially Responsible Investment Committee overseas a Social Choice Fund that negatively screens its holdings for donors wishing to contribute to the endowment through predefined social screens. The College lead-filed a shareholder resolution over McDonald's pesticide practices. The resolution was later withdrawn due to effective dialogue with the company. While this was more than 3 years ago, this dialogue remains ongoing, as do the active screening and engagement of holdings within the endowment. Students members also recommend votes on all proxies for companies held in the endowment. There have been a number of fossil fuel divestment events for awareness, from which it was concluded that the institution had better leverage through engagement than divestment.
The website URL where information about the programs or initiatives is available:
Additional documentation to support the submission:
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 and complete the Data Inquiry Form.