| Overall Rating | Silver |
|---|---|
| Overall Score | 48.10 |
| Liaison | Jen Jones |
| Submission Date | March 3, 2023 |
College of Charleston
PA-9: Committee on Investor Responsibility
| Status | Score | Responsible Party |
|---|---|---|
|
0.00 / 2.00 |
Jen
Jones Director Center for Sustainable 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:
In addition to the clear sustainability and ethical benefits, incorporating ESG analysis into an investment process can provide useful insights and a more comprehensive view of risk and opportunity. ESG factors can be useful in evaluating industries, businesses, corporate management teams, and investment managers. These factors may: 1) impact the intrinsic values, risks and operating performance of the businesses in which the Foundation, through its OCIO, may ultimately invest; 2) have long-term impacts and be drivers of competitive advantage; and 3) promote strong corporate governance practices that result in increased transparency, accountability, productivity and alignment of interests.
Expectations of the OCIO in implementing ESG into the Investment Process:
A. Perform quantitative and qualitative assessments of ESG factors as part of bottom-up due diligence and risk assessment process across assets classes;
B. Analyze both manager ESG practices and underlying investment ESG characteristics, increasing the information content for investment decisions, which can improve the quality of decisions and expected investment returns;
C. Remain focused on generating attractive returns and do not take an exclusionary or thematic investment approach as it relates to ESG; all else equal, invest with managers incorporating best ESG practices; and
D. Keep Investment Committee informed of material ESG risks and opportunities.
Expectations of the OCIO in implementing ESG into the Investment Process:
A. Perform quantitative and qualitative assessments of ESG factors as part of bottom-up due diligence and risk assessment process across assets classes;
B. Analyze both manager ESG practices and underlying investment ESG characteristics, increasing the information content for investment decisions, which can improve the quality of decisions and expected investment returns;
C. Remain focused on generating attractive returns and do not take an exclusionary or thematic investment approach as it relates to ESG; all else equal, invest with managers incorporating best ESG practices; and
D. Keep Investment Committee informed of material ESG risks and opportunities.
Does the CIR include academic staff representation?:
No
Does the CIR include non-academic staff representation?:
No
Does the CIR include student representation?:
No
Members of the CIR, including affiliations and role:
Mark J. Buono, alumni and committee member
Scott Cracraft, alumni and committee member
Justin McLain, alumni and committee Chair
Keith Sauls, alumni and committee Vice Chair
Michelle Cooper, alumni and committee member
Steve Kerrigan, committee member
Laura Ricciardelli, committee member
Jeff Kinard, alumni and Foundation Board Chair
Chris Tobin, Foundation Executive Director and non-academic staff
Debye Alderman, non-academic staff
Leah Barron, non-academic staff
Scott Cracraft, alumni and committee member
Justin McLain, alumni and committee Chair
Keith Sauls, alumni and committee Vice Chair
Michelle Cooper, alumni and committee member
Steve Kerrigan, committee member
Laura Ricciardelli, committee member
Jeff Kinard, alumni and Foundation Board Chair
Chris Tobin, Foundation Executive Director and non-academic staff
Debye Alderman, non-academic staff
Leah Barron, non-academic staff
None
Examples of CIR actions during the previous three years:
Adopted an Investment Policy Statement in 2017, including an Environmental, Social and Governance Statement.
Optional Fields
Additional documentation to support the submission:
Data source(s) and notes about the submission:
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