Overall Rating Silver - expired
Overall Score 46.94
Liaison William Clancey
Submission Date Feb. 7, 2020
Executive Letter Download

STARS v2.1

Durham College
PA-8: Committee on Investor Responsibility

Status Score Responsible Party
Complete 0.50 / 2.00 Catherine Hardman
Donor Relations and Operations Officer
Office of Development and Alumni Affairs
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Does the institution have a formally established and active committee on investor responsibility (CIR) that makes recommendations to fund decision-makers on socially and environmentally responsible investment opportunities across asset classes?:
Yes

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:

The Durham College Foundation (DCF) investments have accumulated from public donations, and matching funds through agreements with the provincial government. The DCF's intent is to ensure that these funds earmarked for scholarships and bursaries for Durham College students are sufficient to provide ongoing support and funding stability in future years.

The “Our Business” pillar in DC’s new Strategic Plan for 2017-2020 states that “we will connect our objectives with economic, social and environmental policy perspectives that support the well-being of our local, provincial, national and international community.”

Further, the “Our Community” pillar states that “we will celebrate and support advances in entrepreneurship, innovation and sustainability.”


Does the CIR include staff representation?:
Yes

Does the CIR include faculty representation?:
No

Does the CIR include student representation?:
No

Members of the CIR, including affiliations and role (e.g. student, faculty, staff, alumni):

Peter Bagnall, Chair of Durham College Foundation
Barbara MacCheyne, Chief Financial Officer of Durham College
Linda Flynn, AVP Office of Development and Alumni Affairs of Durham College
Lee Terry, Director of Durham College Foundation and Chair of the Investment Committee
Tom Worden, Director, Durham College Foundation
Kevin Kinsella, Director, Durham College Foundation


Examples of CIR actions during the previous three years:

Ongoing and active communication with external portfolio managers (banks, etc.) to ensure investments that are being considered for the portfolio meet the ethical requirements.


The website URL where information about the programs or initiatives is available:
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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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