| Overall Rating | Gold |
|---|---|
| Overall Score | 82.81 |
| Liaison | Aaron Durnbaugh |
| Submission Date | April 12, 2023 |
Loyola University Chicago
PA-9: Committee on Investor Responsibility
| Status | Score | Responsible Party |
|---|---|---|
|
0.00 / 2.00 |
Katie
Wyatt Chief Investment Officer Finance |
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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:
https://www.luc.edu/media/lucedu/policy/pdf/investment_policy.pdf
Responsible and Sustainable Investing Principles
Consistent with achieving the investment objectives set forth herein, the University’s investment policy will be implemented within a framework consistent with the Loyola University Chicago Sustainable Investment Policy as described in Exhibit A.
https://www.luc.edu/media/lucedu/finance/pdfs/sustainable-investment-policy.pdf
While the Investment Policy Committee’s mandate does not explicitly include environmental responsibility, it oversees the Investment Office’s adherence to investment policy, which includes the Sustainability policy.
Responsible and Sustainable Investing Principles
Consistent with achieving the investment objectives set forth herein, the University’s investment policy will be implemented within a framework consistent with the Loyola University Chicago Sustainable Investment Policy as described in Exhibit A.
https://www.luc.edu/media/lucedu/finance/pdfs/sustainable-investment-policy.pdf
While the Investment Policy Committee’s mandate does not explicitly include environmental responsibility, it oversees the Investment Office’s adherence to investment policy, which includes the Sustainability policy.
Does the CIR include academic staff representation?:
No
Does the CIR include non-academic staff representation?:
No
Does the CIR include student representation?:
No
Members of the CIR, including affiliations and role:
The Investment Policy Committee consists of members of the Board of Trustees. The CIO reports to the IPC and a student representative is a non-voting participant
None
Examples of CIR actions during the previous three years:
They adopted the Sustainable Investment Policy - https://www.luc.edu/media/lucedu/finance/pdfs/sustainable-investment-policy.pdf
Optional Fields
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Additional documentation to support the submission:
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Data source(s) and notes about the submission:
Institution has a formally established and active committee on investor responsibility ( CIR) or equivalent body that makes recommendations to fund decision-makers on socially and environmentally responsible investment opportunities across asset classes, including proxy voting (if the institution engages in proxy voting). The body has multi- stakeholder representation, which means its membership includes academic staff, non-academic staff, and/or students (and may also include alumni, trustees, and/or other parties).
An institution for which investments are handled by the university system and/or a separate foundation of the institution should report on the investment policies and activities of those entities.
A general committee that oversees the institution’s investments does not count for this credit unless social and environmental responsibility is an explicit part of its mission and/or a regular part of its agenda.
This credit recognizes committees that that regularly make recommendations to fund decision-makers on the institution’s external investments. Committees that only have within their purview green revolving loan funds or similar initiatives to fund campus infrastructure improvements and sustainability committees that occasionally make recommendations to fund decision-makers do not count. Student-managed sustainable investment funds, green fees and revolving funds, and sustainable microfinance initiatives are covered in the Student Life credit in Campus Engagement.
An institution for which investments are handled by the university system and/or a separate foundation of the institution should report on the investment policies and activities of those entities.
A general committee that oversees the institution’s investments does not count for this credit unless social and environmental responsibility is an explicit part of its mission and/or a regular part of its agenda.
This credit recognizes committees that that regularly make recommendations to fund decision-makers on the institution’s external investments. Committees that only have within their purview green revolving loan funds or similar initiatives to fund campus infrastructure improvements and sustainability committees that occasionally make recommendations to fund decision-makers do not count. Student-managed sustainable investment funds, green fees and revolving funds, and sustainable microfinance initiatives are covered in the Student Life credit in Campus Engagement.
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.