| Overall Rating | Bronze - expired |
|---|---|
| Overall Score | 42.23 |
| Liaison | Gabrielle Lommel |
| Submission Date | July 15, 2014 |
| Executive Letter | Download |
Concordia College - Moorhead
PAE-T2-6: Socially Responsible Retirement Plan
| Status | Score | Responsible Party |
|---|---|---|
|
0.25 / 0.25 |
Mark
Thompson Financial Consultant TIAA-CREF Retirement & Individual Financial Services |
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indicates that no data was submitted for this field
None
Does the institution offer a socially responsible investment option for retirement plans?:
Yes
None
A brief description of the socially responsible investment option for retirement plans:
Concordia College works with with TIAA-CREF to provide retirement plans for its employees, including a socially responsible investment option. The investment option is the CREF Social Choice Account, which is a variable annuity account. This variable annuity account seeks a favorable long-term rate of return that reflects the investment performance of the financial markets while giving special consideration to certain social criteria. Using specific environmental, social and governance criteria, the evaluation process favors companies that are: strong stewards of the environment; committed to serving local communities where they operate and to human rights and philanthropy; devoted to higher labor standards; and those managed in an exemplary and ethical manner.
None
The website URL where information about the program, policy, or practice is available:
Data source(s) and notes about the submission:
http://www1.tiaa-cref.org/public/prospectuses/cref_prospectus.pdf?fundclass=RPVA
The information presented here is self-reported. While AASHE staff review portions of all STARS reports and institutions are welcome to seek additional forms of review, the data in STARS reports are not verified by AASHE. If you believe any of this information is erroneous or inconsistent with credit criteria, please review the process for inquiring about the information reported by an institution or simply email your inquiry to stars@aashe.org.