Overall Rating Gold
Overall Score 81.34
Liaison Mary Whitney
Submission Date Nov. 26, 2018
Executive Letter Download

STARS v2.1

Chatham University
PA-8: Committee on Investor Responsibility

Status Score Responsible Party
Complete 2.00 / 2.00 Mary Whitney
University Sustainability Coordinator
Office of Sustainability
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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:

Guiding Principles
The following guiding principles are derived from Chatham’s sustainability mission and are to be used as a compass for assessing sustainable investments. These principles reflect the three pillars of sustainability - planet, people and prosperity – as a guide for investing.

1. Favor and assess investments that advance sustainability - businesses that exhibit exemplary social and environmental standards and performance.
2. Favor and assess investments that have a positive impact on the environment, particularly those that work to alleviate pollution and combat climate change.
3. Evaluate and make recommendations regarding the divestment of fossil fuel investments, since fossil fuels are the main contributors to anthropogenic greenhouse gas emissions.
4. Evaluate and make recommendations regarding the divestment of corporations that deny climate change.
5. Assess community development investments or other investments that promote sustainable local growth.

The complete charter is attached.


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):

Students: Fernando Soriano (SIT member, undergrad), Connor Fankhauser (Falk School, grad)
Faculty: Dr. Steve Karas (Assoc. Professor of Physical Therapy, alumni)
Staff: Walt Fowler (VP of Finance & Admin), Dr. Mary Whitney (Director of University Sustainability, alumna), Carey Miller (VP of University Advancement)


Examples of CIR actions during the previous three years:

2016: Students of SIT (Student Investment Team) work with Finance Office to map out Chatham's exposure to fossil fuels
2016: first SIT formal presentation to Investment Committee
2/2017: committee accepts recommendation to formalize an advisory group
2017: converted 2 funds to positive-screen sustainable funds
2017: charter drafts are developed and redeveloped
2017: solicit expressions of interest for CIR committee members. Student members are selected by Student Government, faculty members by Faculty Assembly. Staff positions are appointed.
2018: CIR charter is approved, committee formally appointed by the Board of Trustees


The website URL where information about the programs or initiatives is available:
Additional documentation to support the submission:
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