| Overall Rating | Gold - expired |
|---|---|
| Overall Score | 76.17 |
| Liaison | Ian McKeown |
| Submission Date | March 5, 2021 |
Loyola Marymount University
PA-9: Committee on Investor Responsibility
| Status | Score | Responsible Party |
|---|---|---|
|
2.00 / 2.00 |
Jessica
Hernandez Sustainability Coordinator Facilities Management |
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indicates that no data was submitted for this field
Does the institution have a formally established and active committee on investor responsibility (CIR) or equivalent body?:
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 RIAC is charged to be the listening and discerning body for the University in regard to responsible investing (RI) concerns, including environmental, social, and governance topics. The RIAC does not hold voting power, but instead supplies recommended actions to the Endowment Committee of the Board of Trustees.
The University will maintain a high degree of social responsibility when investing. Therefore, the following investment considerations will be weighed when it is prudent to do so: 1) excluding from the portfolio securities of firms whose policies are inimical to the values of the university; 2) investing in firms that demonstrate a high level of social concern; and 3) influencing the social behavior of invested firms through the exercise of ownership rights.
It is the responsibility of the RIAC to take into consideration these basic principles and prudently to determine appropriate strategies on the basis of information and advice from external as well as internal sources, at all times keeping foremost in mind the future and welfare of the university.
The University will maintain a high degree of social responsibility when investing. Therefore, the following investment considerations will be weighed when it is prudent to do so: 1) excluding from the portfolio securities of firms whose policies are inimical to the values of the university; 2) investing in firms that demonstrate a high level of social concern; and 3) influencing the social behavior of invested firms through the exercise of ownership rights.
It is the responsibility of the RIAC to take into consideration these basic principles and prudently to determine appropriate strategies on the basis of information and advice from external as well as internal sources, at all times keeping foremost in mind the future and welfare of the university.
Does the CIR include academic staff representation?:
Yes
Does the CIR include non-academic staff representation?:
Yes
Does the CIR include student representation?:
Yes
Members of the CIR, including affiliations and role:
The RIAC is comprised of: one Trustee, one Faculty member, one Staff member, one Undergraduate student, one Graduate student, the Responsible Investing Associate, and one Jesuit. All members of the RIAC are responsible for upholding the RI Policy and the University’s Investment Policy Statement.
None
Examples of CIR actions during the previous three years:
The RIAC was formed in November 2017 and is currently considering RI actions for the University and forming a RI Policy. Currently, the University proactively invests in various types of clean and sustainable energy, both in its endowment and with respect to its campus.
Optional Fields
Additional documentation to support the submission:
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Data source(s) and notes about the submission:
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