Overall Rating Gold
Overall Score 65.04
Liaison Thomas Adams
Submission Date July 30, 2021

STARS v2.2

Ollscoil na Gaillimhe - University of Galway
PA-10: Sustainable Investment

Status Score Responsible Party
Complete 0.50 / 3.00 Gearóid Ó Broin
Director Financial Accounting
Accounts Office
"---" indicates that no data was submitted for this field

Total value of the investment pool:
96,000,000 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) 0 US/Canadian $
Community development financial institutions (CDFIs) or the equivalent 0 US/Canadian $
Socially responsible mutual funds with positive screens (or the equivalent) 0 US/Canadian $
Green revolving funds funded from the endowment 0 US/Canadian $

A brief description of the companies, funds, and/or institutions referenced above:

Such categorisation is not available. NUIG does not invest in fossil fuels and invests in ethical funds, but we do not have the values.


Percentage of the institution's investment pool in positive sustainability investments:
0

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

A copy of the sustainable investment policy:
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The sustainable investment policy:

The published investment policy is here: http://www.nuigalway.ie/media/pensionsandinvestments/QA327-Investment-Strategy.pdf

In the policy appendices - appendix 1 of the NUIG policy states:
“Ethical considerations - The University expects the managers of the portfolio to take into account best practice in terms of corporate governance and socially responsible investing (SRI) when assessing any individual investment. The managers of the portfolio are not permitted to invest in companies involved in alcohol, gambling, tobacco, armaments, adult entertainment and fossil fuels. ”


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:

In paragraph 2.7 of NUIGs current policy states:
“Ethical Investment considerations: The University will only appoint managers who are signatories to the United Nations Principles of Responsible Investment (UN PRI)”.


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

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:

This information is not publicly available.


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:

This information is not publicly available.


Does the institution participate in a public divestment effort and/or have a publicly available investment policy with negative screens?:
No

A brief description of the divestment effort or negative screens and how they have been implemented:

This information is not publicly available.


Approximate percentage of endowment that the divestment effort and/or negative screens apply to:
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Does the institution engage in policy advocacy by participating in investor networks and/or engage in inter-organizational collaborations to share best practices?:
No

A brief description of the investor networks and/or collaborations:

This information is not publicly available.


Website URL where information about the institution’s sustainable investment efforts is available:
Additional documentation to support the submission:
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Data source(s) and notes about the submission:
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