|Overall Rating||Silver - expired|
|Submission Date||July 25, 2012|
PAE-T2-6: Socially Responsible Retirement Plan
|0.25 / 0.25||
Campus Sustainability Committee Member
Does the institution offer a socially responsible investment option for retirement plans?:
A brief description of the socially responsible investment option for retirement plans:
Denison, through TIAA CREF, offers employees the option of investing in a Socially Responsible fund. Details of this fund are below:
Investment Objective:A favorable long-term rate of return that reflects the investment performance of the financial markets while giving special consideration to certain social criteria.
The Account primarily invests in companies that are screened by KLD Research and Analytics, Inc. (“KLD”) to favor companies that meet or exceed the environmental, social and governance (“ESG”) criteria. Prior to being eligible for inclusion in the KLD/FTSE Index, companies are subject to a comprehensive ESG performance evaluation conducted by KLD, consisting of numerous factors. The ESG evaluation process favors companies that are:
• Strong stewards of the environment;
• Devoted to serving local communities and society generally;
• Committed to higher labor standards for their own employees and those in the supply chain;
• Dedicated to producing high-quality and safe products; and
• Managed in an exemplary and ethical manner.
The website URL where information about the program, policy, or practice is available:
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 and complete the Data Inquiry Form.