| Overall Rating | Gold |
|---|---|
| Overall Score | 80.73 |
| Liaison | Austin Eriksson |
| Submission Date | Oct. 3, 2024 |
California State University, Northridge
PA-9: Committee on Investor Responsibility
| Status | Score | Responsible Party |
|---|---|---|
|
0.50 / 2.00 |
Ira
Unterman AVP for Resource Management University Advancement |
Does the institution have a formally established and active committee on investor responsibility (CIR) or equivalent body?:
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 Finance and Investment Committee is charged with ensuring alignment with the Investment Policy (https://www.csun.edu/sites/default/files/Policy_Investment_2022.pdf)
Investment policy statement specific to ESG is listed below:
As such, the Foundation seeks to invest its assets sustainably and responsibly and
recognizes that certain environmental, social, and governance (“ESG”) factors are
part of a comprehensive investment evaluation process and can have a positive
effect on financial returns. To this end, the Foundation seeks investment managers
who actively incorporate such ESG factors into their investment decision making
process. The Foundation also believes the investment in companies which have
environmental, social, and governance (ESG) policies and best practices creates
long-term value.
Does the CIR include academic staff representation?:
Does the CIR include non-academic staff representation?:
Does the CIR include student representation?:
Members of the CIR, including affiliations and role:
George Leis, Co-Chair, President, Montecito Bank and Trust
John Sinnema, Co-Chair, Pacific Coast Regional Executive – Private Wealth Management, U.S. Bank
Richard Schweitzer, Chief Financial Officer and Chief Operating Officer, Aristotle Capital Management, LLC
Priscilla Moyer, Retired Senior Vice President and Chief Information Officer, Franklin Templeton Investment
Robert Meyer, Retired President and Chief Executive Officer, Fiserv FSC, Inc.
Colin Donahue, Vice President for Administration and Finance / University Chief Financial Officer, California State University, Northridge
Nichole Ipach, Foundation President, California State University, Northridge Foundation
Ira N. Unterman, Chief Financial Officer, California State University, Northridge Foundation
Over the past three years, the Committee has taken several significant actions to advance ESG initiatives. In 2022, the investment policy was updated to explicitly include ESG language, reflecting our commitment to sustainable investment practices. Additionally, a Mission-Related Investments Subcommittee was formed to identify and invest in on-campus projects that align with ESG goals. The Committee also established the ESG Environmental Sustainability Subgroup, which brought together faculty, students, alumni, and the Finance Committee to collaboratively define and draft the campus's ESG goals, further embedding sustainability into our institutional priorities.
Optional Fields
Additional documentation to support the submission:
Data source(s) and notes about the submission:
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