Overall Rating Silver - expired
Overall Score 47.63
Liaison Stephen Ellis
Submission Date Dec. 14, 2011
Executive Letter Download

STARS v1.1

Boston University
PAE-T2-6: Socially Responsible Retirement Plan

Status Score Responsible Party
Complete 0.25 / 0.25 Mike Kerr
Sr. Compensation Analyst
Human Resources
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Does the institution offer a socially responsible investment option for retirement plans?:
Yes

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A brief description of the socially responsible investment option for retirement plans:
TIAA Cref provides a socially responsible investment option available to Boston University employees enrolled in the retirement plan. The fund seeks a favorable long-term total return that reflects the investment performance of the overall U.S. stock market while giving special consideration to certain social criteria. It normally invests at least 80% of its assets in equity securities. The fund primarily invests in companies that are screened to meet or exceed certain environmental, social and governance criteria. The evaluation process seeks out companies that are: strong stewards of the environment; devoted to serving local communities; committed to higher labor standards; dedicated to producing high-quality and safe products; and those managed in an exemplary or ethical manner. The fund may also invest in U.S. Government securities and may hold up to 15% of its assets in foreign securities.

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The website URL where information about the program, policy, or practice is available:
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Data source(s) and notes about 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.