| Overall Rating | Gold |
|---|---|
| Overall Score | 68.44 |
| Liaison | William Van Ausdal |
| Submission Date | July 9, 2024 |
Flinders University
PA-4: Sustainable Investment Program
| Status | Score | Responsible Party |
|---|---|---|
|
2.00 / 4.00 |
Has the institution formally incorporated environmental, social, and governance (ESG) factors and/or climate risk as material issues to be considered when making investment decisions?:
Narrative and/or website URL providing an overview of how the institution has incorporated ESG factors and/or climate risk as material issues to be considered when making investment decisions:
Sustainable finance is an increasingly influential force in business and is defined as investment decisions that consider the environmental, social, and governance (ESG) factors of an economic activity or project. Flinders University is committed to responsible investment and understands the importance of accountability, disclosure and transparency. We are also committed to maintaining ongoing funding to realise the Flinders University 2030 Sustainability Strategy and corresponding initiatives. To maintain an investment portfolio that considers broader ESG factors and aims to screen out, disclose and divest from potential and existing investments based on responsible investment factors, the University will make responsible investments that are aligned with:
- The University’s Sustainability Plan
- Flinders’ strategic plan
- Environmental, social and governance (ESG) factors
- The six UN Principles for Responsible Investment
The University may at its absolute discretion screen out investments where it considers it appropriate to do so on the basis of environmental, social and governance (ESG) factors or any of the other responsible investment factors above.
Council, as Flinders University’s primary governing body, has a subcommittee (Finance and Investment Committee) to provide ongoing oversight of the University’s investments, including its sustainability strategy, and with a particular focus on the carbon intensity of the aggregate investment portfolio.
https://www.flinders.edu.au/about/governance/university-council/finance-investment-committee
With endorsement from Finance and Investment Committee in February 2023, Council subsequently approved the integration of the six UN Principals of Responsible Investment as a core consideration in the University’s Investment Policy.
See also https://www.flinders.edu.au/content/dam/documents/campus/sustainability/Flinders University 2030 Sustainability Strategy - Version 1.3 (April 2024).pdf page 17, section 4.2 Driving Responsible Investment.
Points earned for indicator PA 4.1:
Does the institution employ negative screening and/or targeted divestment in support of sustainability?:
Narrative and/or website URL providing evidence of the institution’s use of negative screening and/or targeted divestment in support of sustainability:
Points earned for indicator PA 4.2:
Has the institution engaged in proxy voting in support of sustainability during the previous three years, either directly or through an investment manager?:
Narrative and/or website URL providing an overview of the institution’s proxy voting in support of sustainability:
Has the institution filed a shareholder resolution or signed on to an investor statement in support of sustainability during the previous three years, either directly or through an investment manager?:
Narrative and/or website URL providing an overview of the shareholder resolutions or investor statements in support of sustainability:
Is the institution an active participant in one or more sustainability or ESG-focused investor networks?:
Narrative and/or website URL providing an overview of the institution’s participation in sustainability or ESG-focused investor networks:
Points earned for indicator PA 4.3:
Notes about the information provided for this credit:
Additional documentation for this credit:
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.