| Overall Rating | Gold |
|---|---|
| Overall Score | 71.72 |
| Liaison | Ian Johnson |
| Submission Date | March 5, 2021 |
Colorado College
PA-9: Committee on Investor Responsibility
| Status | Score | Responsible Party |
|---|---|---|
|
2.00 / 2.00 |
Ian
Johnson Sustainability Director Office of Sustainability |
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:
We have maintained the portfolio as an investment in sustainable companies that we believe are going to continue to impact the world for the better as determined by ESG standards. Our holdings continue to consist of Adobe, Apple, AvalonBay, Delphi Technologies, USA ESG ETF, fossil-free S&P ETF, and Thermo Fisher Scientific."- Portfolios managers Peter Schmidt and Matt White
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:
Student Portfolios managers- Peter Schmidt and Matt White
VP of CCIC- Andy Fresen
President of CCIC- Lee Rivers
Facilty Advisor - Geri Anne Reed
Academic Advisor - Professor Kat Miller Stevens
Examples of CIR actions during the previous three years:
Total investment pool for the group: $ CCIC, Colorado College Investment Club, has $106,167.89 of assets under management.
Total investments that are sustainable: $ The CCIC ESG portfolio has $31,167.29.
"These holdings have remained unchanged over the semester, as we have continued to pay close attention to developments in the market relative to the Covid-19 pandemic to prepare for an economic recovery, however, we maintain caution that the market recovery may not come so soon. Continuing into next semester, we plan to use the portfolio’s more than $2,500 in cash to take advantage of economic recovery by purchasing the currently discounted shares. We expect to primarily increase our positions in our current holdings, rather than different stocks, as we have determined these companies meet our ESG standards and have attractive returns, particularly at some of their current discounted prices. Furthermore, as exemplified by our strong outperformance of the market in this period, we believe this portfolio is effectively diversified. The portfolio consists of stocks across sectors varying from technology software company Adobe, specializing in software for multimedia and creativity, transportation firm Delphi Technologies, creating cleaner transportation methods that utilize electric and hybrid power, and scientific technology company Thermo Fisher Scientific, provisioning instrumentation, consumables, and software to healthcare, life sciences, and other labs, in addition to the two ETFs that each consist of ESG firms and fossil-fuel-free firms in the S&P index, respectively."- Portfolios managers Peter Schmidt and Matt White
Website URL where information about the institution’s committee on investor responsibility is available:
Additional documentation to support the submission:
Data source(s) and notes about the submission:
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