| Overall Rating | Silver - expired |
|---|---|
| Overall Score | 61.96 |
| Liaison | Briar Schoon |
| Submission Date | June 30, 2017 |
| Executive Letter | Download |
Portland Community College
PA-8: Committee on Investor Responsibility
| Status | Score | Responsible Party |
|---|---|---|
|
0.00 / 2.00 |
Stephania
Fregosi Sustainability Analyst Academic Affairs |
"---"
indicates that no data was submitted for this field
Does the institution have a formally established and active committee on investor responsibility (CIR) that makes recommendations to fund decision-makers on socially and environmentally responsible investment opportunities across asset classes?:
No
None
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:
Per the College's Divestment Clause: "PCC is committed to operational practices that model the sustainable use of resources. Holding securities issued by fossil fuel companies is inconsistent with the college’s sustainability goals. Therefore, the Treasury Manager will not invest in securities of fossil fuel companies (as listed in the Carbon Underground 200 or comparable fossil fuel indices). Indices shall be reviewed prior to any energy sector investment. Indices shall also be reviewed for changes not less than annually. The college is committed to advancing the promotion and protection of human rights and fundamental freedoms. In support of this commitment and the inherent belief in the dignity and worth of each individual, the Treasury Manager shall invest in a socially responsible manner when feasible. The Board understands that socially responsible investments are not always self-evident and it is not possible to be informed of every activity that a business undertakes."
The Board of Directors and the District Student Council has the opportunity to review the investments and provide feedback on an annual basis, during which they share any concerns regarding the social responsibility of investments.
Does the CIR include staff representation?:
No
Does the CIR include faculty representation?:
No
Does the CIR include student representation?:
No
Members of the CIR, including affiliations and role (e.g. student, faculty, staff, alumni):
---
None
Examples of CIR actions during the previous three years:
N/A
Optional Fields
---
Additional documentation to support the submission:
---
Data source(s) and notes about the submission:
Per the College's 2017 Divestment Clause: "PCC is committed to operational practices that model the sustainable use of resources. Holding securities issued by fossil fuel companies is inconsistent with the college’s sustainability goals. Therefore, the Treasury Manager will not invest in securities of fossil fuel companies (as listed in the Carbon Underground 200 or comparable fossil fuel indices). Indices shall be reviewed prior to any energy sector investment. Indices shall also be reviewed for changes not less than annually. The college is committed to advancing the promotion and protection of human rights and fundamental freedoms. In support of this commitment and the inherent belief in the dignity and worth of each individual, the Treasury Manager shall invest in a socially responsible manner when feasible. The Board understands that socially responsible investments are not always self-evident and it is not possible to be informed of every activity that a business undertakes."
The Board of Directors and the District Student Council has the opportunity to review the investments and provide feedback on an annual basis, during which they share any concerns regarding the social responsibility of investments.
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