Overall Rating Silver - expired
Overall Score 47.61
Liaison Tracy Edwards
Submission Date June 12, 2016
Executive Letter Download

STARS v2.0

Frostburg State University
PA-14: Sustainable Investment

Status Score Responsible Party
Complete 0.33 / 4.00 Janelle Moffett
Accounting Analyst
Accounting
"---" indicates that no data was submitted for this field

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Total value of the investment pool:
19,228,978 US/Canadian $

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Value of holdings in each of the following categories::
Value of Holdings
Sustainable industries (e.g. renewable energy or sustainable forestry) ---
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) ---
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 ---

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A brief description of the companies, funds, and/or institutions referenced above:
The University System of Maryland Foundation is not able to get to accurate values because for a number of their private investments this information is not readily available.

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Does the institution have a publicly available sustainable investment policy?:
No

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A copy of the sustainable investment policy:
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The sustainable investment policy:
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Does the institution use its sustainable investment policy to select and guide investment managers?:
No

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A brief description of how the policy is applied, including recent examples:
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Does the institution's sustainable investment policy include negative screens?:
No

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A brief description of the negative screens and how they have been implemented:
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Approximate percentage of the endowment that the negative screens apply to:
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Has the institution engaged in proxy voting, either by its CIR or other committee or through the use of guidelines, to promote sustainability during the previous three years?:
No

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A copy of the proxy voting guidelines or proxy record:
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A brief description of how managers are adhering to proxy voting guidelines:
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Has the institution filed or co-filed one or more shareholder resolutions that address sustainability or submitted one or more letters about social or environmental responsibility to a company in which it holds investments during the previous three years?:
No

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Examples of how the institution has engaged with corporations in its portfolio about sustainability issues during the previous three years:
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Does the institution engage in policy advocacy by participating in investor networks and/or engaging in inter-organizational collaborations to share best practices?:
Yes

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A brief description of the investor networks and/or collaborations:
The University System of MD does have their investment officers attend peer related conferences and meetings on an on-going basis. The purpose of those events are not typically policy advocacy related.

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The website URL where information about the institution's sustainable investment efforts is available:
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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.