|Submission Date||Nov. 16, 2011|
PAE-T2-8: Socially Responsible Investment Policy
Finance and Business Affairs
Does the institution have a policy or directive to consider the social and/or environmental impacts of investment decisions, in addition to financial considerations?:
A brief description of the socially responsible investment policy:
The Investment Committee’s primary objective is to optimize the total return on the assets of the Endowment over the long term, with consideration of risk. Although the primary objective is to optimize return, the Committee recognizes that compelling moral and social considerations in the management of Endowment funds may exist. The basic policy of appropriate optimization of financial return does not preclude the University from determining from time to time that certain investment practices may be questionable.
The website URL where information about the policy is available: