Overall Rating | Gold - expired |
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Overall Score | 65.95 |
Liaison | Kathleen McCaig |
Submission Date | June 14, 2017 |
Executive Letter | Download |
Berea College
PA-8: Committee on Investor Responsibility
Status | Score | Responsible Party |
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2.00 / 2.00 |
Clara
Chapman Director of Institutional Research and Assessment Office of Institutional Research |
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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:
The Committee for Socially Responsible Investing is charged with helping to understand and develop investment strategies in light of the Great Commitments. Its responsibilities include:
Educating and informing the campus community about socially responsible investing, the community investment fund, and other issues pertaining to the management of the College’s endowment;
Evaluating the College’s investing practices through the endowment, to evaluate how and monitor that investing practices are aligned with the goals outlined in the Berea College Investment Policy;
Formulating recommendations to the President, Vice President for Finance, and the Board of Trustees’ Investment Committee pertaining to investments, strategy, and responsible and community investing issues;
Examining, in conjunction with the Board of Trustees and on-campus constituents, actual policies and practices pertaining to the investment of the endowment.
Does the CIR include staff representation?:
Yes
Does the CIR include faculty representation?:
Yes
Does the CIR include student representation?:
Yes
Members of the CIR, including affiliations and role (e.g. student, faculty, staff, alumni):
The Committee will consist of eight members--two students appointed by SGA; two graduates of the College appointed by the Executive Council; two elected College Faculty Assembly members; and two elected General Faculty members who are not College Faculty members. Elected members serve staggered three-year terms and will be elected by the General Faculty Assembly.
Examples of CIR actions during the previous three years:
One of the primary responsibilities of the Berea College Committee for Socially Responsible Investing is education aimed at campus constituents regarding socially responsibly investing. To fulfill this charge Committee members organized three educational events on campus in 2016-2017 academic year. These included a lunch presentation/discussion for students interested in peace and justice issues, a lunch presentation/discussion for employees interested in how the college endowment is invested, and an event aimed primarily at students involving a fun activity/game to help teach SRI investment strategies. Other initiatives of the Committee involved making connections with regional non-profit/outreach organizations to identify sustainable and local investment opportunities for the college endowment. The Committee is also in regular contact with the Chair of the Berea College Board of Trustees Investment Committee. The SRI Committee met with the Chair to discuss sustainable investment opportunities and how to communicate those opportunities to the College's investment managers.
The website URL where information about the programs or initiatives is available:
Additional documentation to support the submission:
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Data source(s) and notes about the submission:
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