Overall Rating Gold
Overall Score 72.83
Liaison Tom Twist
Submission Date June 12, 2020
Executive Letter Download

STARS v2.1

Bates College
PA-8: Committee on Investor Responsibility

Status Score Responsible Party
Complete 1.00 / 2.00 Tom Twist
Sustainability Manager
Facilities
"---" indicates that no data was submitted for this field

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?:
Yes

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:

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 CIR include staff representation?:
Yes

Does the CIR include faculty representation?:
Yes

Does the CIR include student representation?:
No

Members of the CIR, including affiliations and role (e.g. student, faculty, staff, alumni):

Members of the CIR are taken from our board investment committee -

Ava Clayton Spencer, J.D., President; ex officio
Lewiston, Maine

Michael Weston Bonney, B.A.; Chair
Boston, Massachusetts

Mary Henderson Pressman, B.A.; Vice Chair
New York, New York

Lisa Brennan Barry, M.S.; Secretary
Chevy Chase, Maryland

Stuart Bradley Abelson, M.B.A.
Gloucester, Massachusetts

Chris Gerard Barbin, B.A.
Winnetka, Illinois

H. Scott Bierman, Ph.D.
Beloit, Wisconsin

Andrea Conklin Bueschel, Ph.D.
Chicago, Illinois

Ann Elizabeth Bushmiller, J.D.
Washington, District of Columbia

William Charles Carey, B.A.
Lincoln, Massachusetts

Darrell William Crate, M.B.A.
South Hamilton, Massachusetts

Gregory Albert Ehret, M.B.A.
Boston, Massachusetts

Geraldine Meeks FitzGerald, B.A.
New York, New York

Scott David Freeman, M.B.A.
Needham, Massachusetts

Marjorie Northrop Friedman, J.D.
Park City, Utah

Stephen Mark Fuller, M.B.A.
Freeport, Maine

John Davies Gillespie, M.B.A.
Guilford, Connecticut

Christopher Joseph Gorayeb, J.D.
New York, New York

Erik Ola Jarnryd, M.B.A.
Concord, Massachusetts

David William Longdon III, B.A.
Brooklyn, New York

Mark David Mandel, M.B.A.
Dover, Massachusetts

Paul Marks, B.A.
Shanghai, China

Dervilla Mairin McCann, M.D.
Winthrop, Maine

Jamie Peter Merisotis, B.A.
Indianapolis, Indiana

Judith Burns Miller, B.A.
Old Greenwich, Connecticut

John Prescott Murchison III, M.S.
Los Angeles, California

Carol Lind Rattray, M.B.A.
New York, New York

John T. Rossello Jr., B.B.A.
Holliston, Massachusetts

Jeremy Michael Sclar, B.A.
Brookline, Massachusetts

Richard L. Smith, Ph.D.
Lexington, Massachusetts

Emma Alden Sprague, B.A.
Washington, District of Columbia

William Floyd Sweat, M.B.A.
Dundee, Oregon

Garth A.L. Timoll, M.B.A.
San Francisco, California

Quoc Kinh Tran, M.B.A.
Kentfield, California

Lisa Marie Utzschneider, M.P.A.
New York, New York

Jean Patricia Wilson, M.S.
Falmouth, Maine


Examples of CIR actions during the previous three years:

Last year, our CIR Investigated the proposals by the student body for divestment of the endowment from fossil fuels. These proposals were put forward by our student environmental action group.


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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