Overall Rating Gold - expired
Overall Score 67.26
Liaison Tom Twist
Submission Date June 16, 2017
Executive Letter Download

STARS v2.1

Bates College
PA-9: Sustainable Investment

Status Score Responsible Party
Complete 0.33 / 4.00 Tom Twist
Sustainability Manager
Facilities
"---" indicates that no data was submitted for this field

Does the institution wish to pursue Option 1 (positive sustainability investment)?:
No

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) ---
Businesses selected for exemplary sustainability performance (e.g. using criteria specified in a sustainable investment policy) ---
Sustainability investment funds (e.g. a renewable energy or impact investment fund) ---
Community development financial institutions (CDFIs) or the equivalent ---
Socially responsible mutual funds with positive screens (or the equivalent) ---
Green revolving loan funds that are funded from the endowment ---

A brief description of the companies, funds, and/or institutions referenced above:
---

Percentage of the institution's investment pool in positive sustainability investments:
0

Does the institution wish to pursue Option 2 (investor engagement)?:
Yes

Does the institution have a publicly available sustainable investment policy?:
Yes

A copy of the sustainable investment policy:
---

The sustainable investment policy:

Policy on Environmental, Social and Governance Considerations

The Endowment’s strategic asset allocation is constructed to properly balance the need for liquidity,
growth and/or preservation of purchasing power, and tolerance for risk. The primary criterion for the
selection of the Endowment investment is to maximize return within defined risk parameters, which in
turn, maximizes the financial support for the College. In addition, Bates is committed to balancing the
financial objectives of the Endowment with the social and environmental priorities of the broader Bates
community. The Investment Committee and CIO will consider social, environmental and governance
impacts when selecting Investment Managers across all asset classes. The Investment Committee and
CIO welcome input from student or faculty groups in assessing the priorities of the Bates community
with regard to environmental, social and governance issues.

There is to be a sub-committee which shall determine if, and when, sufficient evidence is presented to
challenge the operative assumption that acquisitions and holdings in the portfolio conform to the
guidelines.


Does the institution use its sustainable investment policy to select and guide investment managers?:
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A brief description of how the policy is applied, including recent examples:
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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?:
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A copy of the proxy voting guidelines or proxy record:
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A brief description of how managers are adhering to proxy voting guidelines:
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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:
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Does the institution have a publicly available investment policy with negative screens?:
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A brief description of the negative screens and how they have been implemented:
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Approximate percentage of the endowment that the negative screens apply to:
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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:
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The website URL where information about the programs or initiatives is available:
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Additional documentation to support the submission:
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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.