|Submission Date||April 30, 2015|
Oregon State University
PA-13: Committee on Investor Responsibility
Sr. Director, Communications & Stewardship
Does the institution have a formally established and active committee on investor responsibility (CIR) or similar body that has multi-stakeholder representation (i.e. includes faculty, staff, and students) and otherwise meets the criteria for this credit?:
Oregon State University requested that AASHE Staff correct a mistake in this reporting field for the reason specified below.Previous Value: Yes
Explanation: OSU mistakenly submitted a yes response not realizing that our committee's stakeholder representation did not include students or faculty. Staff, alumni and trustees are included.
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 OSU Foundation's Advisory Committee for Public Input on Investments is tasked to address environmental, social, and governance concerns about the Foundation's investment holdings. The advisory committee is comprised of foundation trustees, alumni, and staff who hear presentations from students, faculty, and other stakeholder groups and monitor larger national efforts around corporate responsibility. The advisory committee makes recommendations to the executive committee of the Foundation's board of trustees, which in turn may recommend full board action.
Additionally, the Oregon State Investment Group, a student-led organization, is charged with managing a portion of the foundation's portfolio and implementing such ESG strategies and negative screens which advance their investment objectives.
Members of the CIR, including affiliations and role (e.g. student, faculty, alumni):
OSU Foundation Advisory Committee for Public Input on Investments
Greg P. Merten
Retired Vice President & General Manager, Inkjet Supplies
(alumnus and OSU Foundation Trustee)
Greg R. Serrurier
Senior Vice President
Dodge & Cox
(alumnus and former OSU Foundation Trustee)
Vice President & Chief Financial Officer
Associate Vice President, Finance
Senior Director, Communications & Stewardship
Oregon State Investment Group
Examples of CIR actions during the previous three years:
With a unanimous vote, the OSU Foundation Board of Trustees formally created the Advisory Committee for Public Input on Investments at its meeting on December 6, 2013. Prior to this time the board's Investment Committee was tasked with monitoring issues of investor responsibility. The advisory committee held its first meeting in March 2014 and during the months that followed considered a proposal for fossil fuel divestment from a group of faculty and students. The advisory committee delivered its recommendation to the board's executive committee, and in August 2014 the OSU Foundation Board of Trustees issued its position on fossil fuel divestment: http://osufoundation.org/about/financial/documents/Fossil%20Fuel%20Divestment%20Statement%20-%20Aug%202014.pdf
The website URL where information about the CIR is available:
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 and complete the Data Inquiry Form.