Overall Rating | Bronze - expired |
---|---|
Overall Score | 33.30 |
Liaison | Bo Solomon |
Submission Date | March 31, 2021 |
Executive Letter | Download |
Drexel University
PA-9: Sustainable Investment
Status | Score | Responsible Party |
---|---|---|
0.02 / 4.00 |
Jen
Britton Director UCP |
"---"
indicates that no data was submitted for this field
Option 1: Positive Sustainability Investment
Yes
Total value of the investment pool:
749,093,128
US/Canadian $
Value of holdings in each of the following categories:
Value of Holdings | |
Sustainable industries (e.g. renewable energy or sustainable forestry) | 1,102,512 US/Canadian $ |
Businesses selected for exemplary sustainability performance (e.g. using criteria specified in a sustainable investment policy) | --- |
Sustainability investment funds (e.g. a renewable energy or impact investment fund) | 1,102,512 US/Canadian $ |
Community development financial institutions (CDFIs) or the equivalent | --- |
Socially responsible mutual funds with positive screens (or the equivalent) | --- |
Green revolving loan funds that are funded from the endowment | --- |
If any of the above is greater than zero, provide:
The renewable energy Fund makes debt investments in clean energy and infrastructure companies. The firm was one of the first investors to focus on this strategy.
Percentage of the institution's investment pool in positive sustainability investments:
0.29
Option 2: Investor Engagement
No
Sustainable Investment Policy
No
None
A copy of the sustainable investment policy:
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None
The sustainable investment policy:
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None
Does the institution use its sustainable investment policy to select and guide investment managers?:
---
None
A brief description of how the policy is applied, including recent examples:
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Proxy Voting
No
None
A copy of the proxy voting guidelines or proxy record:
---
None
A brief description of how managers are adhering to proxy voting guidelines:
---
Shareholder Resolutions
No
None
Examples of how the institution has engaged with corporations in its portfolio about sustainability issues during the previous three years:
---
Negative Screens / Divestment Efforts
No
None
A brief description of the negative screens and how they have been implemented:
---
None
Approximate percentage of the endowment that the negative screens apply to:
---
Investor Networks
Yes
None
A brief description of the investor networks and/or collaborations:
The Investment Office is involved in ongoing research on ESG (Environmental, Social, Governance) investing. We have been reviewing and archiving research from institutional investment managers and think tanks to understand responsible investing trends, opportunities, and risks. Staff has attended dedicated ESG conferences and events and participated in numerous ESG educational webcasts. Our CIO and Deputy CIO have participated in and led investment panels on ESG Investing.Examples of conferences and roundtables we attended in the past: ESG Conference in NYC: Sustainable Returns: Environment, Social & Responsible Investing; Sustainable Investing and ESG webcasts hosted by Investment Management Due Diligence Association (IMDDA), BNP Paribas, Brown Brothers Harriman, PNC, MSCI, etc.; ESG Virtual Investor Roundtable Discussion hosted by Market Group.
Optional Fields
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Additional documentation to support the submission:
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Data source(s) and notes about the submission:
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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.