| Overall Rating | Gold |
|---|---|
| Overall Score | 69.72 |
| Liaison | Roxane Beigel-Coryell |
| Submission Date | March 3, 2023 |
California State University, Channel Islands
PA-9: Committee on Investor Responsibility
| Status | Score | Responsible Party |
|---|---|---|
|
0.50 / 2.00 |
Aura
Bryan Director of Corporate and Foundation Relations University Development |
"---"
indicates that no data was submitted for this field
Does the institution have a formally established and active committee on investor responsibility (CIR) or equivalent body?:
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 CSUCI Foundation has a Finance and Investment Committee, which meets quarterly. The CSUCI Foundation's Investment Policy guides the Finance and Investment Committee to give preference to invest with fund managers who have incorporated Environmental, Social and Governance (ESG) and Socially Responsible Investing (SRI) principles in their investment processes, as long as returns are not detrimentally impacted. Investment managers that manage separate account portfolios for the Foundation are required to implement ESG and SRI issues within their investment processes in all new or renegotiated fund manager guidelines.
Does the CIR include academic staff representation?:
No
Does the CIR include non-academic staff representation?:
Yes
Does the CIR include student representation?:
No
Members of the CIR, including affiliations and role:
The Finance and Investment Committee consists of CSUCI Foundation Board Members and industry professionals.
None
Examples of CIR actions during the previous three years:
Examples of actions taken by CSUCI's Finance and Investment Committee during the previous three years include:
-reviewed and recommended approval of the 4% Endowment Spend Rate for the next fiscal year;
-reviewed and approved proposed asset allocation change to the Investment Policy, moving 5% from fixed income to cash and cash equivalents; and
-reviewing, discussing, and approving a rebalance of the Unrestricted Portfolio as advised by the current financial advisors.
-reviewed and recommended approval of the 4% Endowment Spend Rate for the next fiscal year;
-reviewed and approved proposed asset allocation change to the Investment Policy, moving 5% from fixed income to cash and cash equivalents; and
-reviewing, discussing, and approving a rebalance of the Unrestricted Portfolio as advised by the current financial advisors.
Optional Fields
Additional documentation to support the submission:
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Data source(s) and notes about the submission:
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