Overall Rating Gold - expired
Overall Score 70.42
Liaison Amy Dvorak
Submission Date March 6, 2020

STARS v2.2

Lewis & Clark College
PA-10: Sustainable Investment

Status Score Responsible Party
Complete 2.02 / 3.00 Amy Dvorak
Sustainability Manager
Facilities
"---" indicates that no data was submitted for this field

Part 1. Positive sustainability investment

Total value of the investment pool:
255,900,000 US/Canadian $

Value of holdings in each of the following categories:
Value of holdings
Sustainable industries (e.g., renewable energy or sustainable forestry) 0 US/Canadian $
Businesses selected for exemplary sustainability performance (e.g., using criteria specified in a sustainable investment policy) 0 US/Canadian $
Sustainability investment funds (e.g., a renewable energy or impact investment fund) 8,500,000 US/Canadian $
Community development financial institutions (CDFIs) or the equivalent 0 US/Canadian $
Socially responsible mutual funds with positive screens (or the equivalent) 43,400,000 US/Canadian $
Green revolving funds funded from the endowment 0 US/Canadian $

If any of the above is greater than zero, provide:

A brief description of the companies, funds, and/or institutions referenced above:
Global equity strategy deeply integrating ESG/sustainability
Asia equity strategy deeply integrating ESG/sustainability
High quality fixed income strategy deeply integrating ESG/sustainability
Global equity strategy focused on water

Percentage of the institution's investment pool in positive sustainability investments:
20.28

Part 2. Investor engagement

Sustainable investment policy 

Does the institution have a publicly available sustainable investment policy?:
Yes

None
A copy of the sustainable investment policy:
None
The sustainable investment policy:
https://www.lclark.edu/live/files/24172-resolution-no-16--enhanced-esg-inv-policy-may

None
Does the institution use its sustainable investment policy to select and guide investment managers?:
Yes

A brief description of how the sustainable investment policy is applied:
The College’s ESG and Divestment policy help guide every investment decision made in the portfolio. The college will not hire a manager that violates its stated divestment policy. Recent decisions include a full redemption from a natural resource equity strategy with fossil fuel reserve owners amongst its holdings. Commitments to various private investment funds focused on renewable energy also are examples of investments made with sustainability policy in mind.

Proxy voting 

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

None
A copy of the proxy voting guidelines or proxy record:
---

None
A brief description of how managers are adhering to proxy voting guidelines:
No; the College is invested almost exclusively through commingled vehicles, and as such proxy voting is determined by those managers.

Shareholder resolutions 

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

Examples of how the institution has engaged with corporations in its portfolio about sustainability issues during the previous three years:
---

Divestment efforts and negative screens

Does the institution participate in a public divestment effort and/or have a publicly available investment policy with negative screens?:
Yes

A brief description of the divestment effort or negative screens and how they have been implemented:
https://www.lclark.edu/live/news/38900-l-amp-c-divestment-policy-highlights

Approximate percentage of endowment that the divestment effort and/or negative screens apply to:
100

Investor networks 

Does the institution engage in policy advocacy by participating in investor networks and/or engage in inter-organizational collaborations to share best practices?:
Yes

None
A brief description of the investor networks and/or collaborations:
Intentional Endowments Network founding member
Was one of a handful of colleges and universities to sign on to the Global Investor Statement to Governments on Climate Change
https://www.iigcc.org/media/2019/12/191201-GISGCC-FINAL-for-COP25-007.pdf

Optional Fields 

Website URL where information about the institution’s sustainable investment efforts is available:
---

Additional documentation to support the submission:
Data source(s) and notes about the submission:
---

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.