Overall Rating Gold
Overall Score 75.77
Liaison Daryl Pierson
Submission Date March 1, 2022

STARS v2.2

Portland State University
PA-10: Sustainable Investment

Status Score Responsible Party
Complete 2.04 / 3.00 Amanda Wolf
Program + Assessment Coordinator
Campus Sustainability Office
"---" indicates that no data was submitted for this field

Part 1. Positive sustainability investment

Total value of the investment pool:
107,861,023 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) 27,812,821 US/Canadian $
Green revolving funds funded from the endowment 0 US/Canadian $

If any of the above is greater than zero, provide:

A brief description of the companies, funds, and/or institutions referenced above:
The four investment holdings with a Low Carbon Designation are publically traded mutual funds - FXAIX, CIPIX, JOHIX, VGRLX.

Percentage of the institution's investment pool in positive sustainability investments:
25.79

Part 2. Investor engagement

Sustainable investment policy 

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

None
A copy of the sustainable investment policy:
---

None
The sustainable investment policy:
Portland State University Foundation is dedicated to incorporating Environmental, Social, and Governance (ESG) criteria in its investment goals as a means to support Portland State University's Mission and Values, which includes Community and Civic Engagement leading to a sustainable future. The Foundation will include ESG criteria as one criterion, along with other investment factors, in our investment process.

None
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:
The approved ESG statement is included in Investment Meeting and Investment Bank mandates.Quarterly investment portfolio review includes ESG lens and filter discussion.The Investment Committee receives an annual report of portfolio exposures to energy companies and specific ESG strategy investments.

Proxy voting 

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

None
A copy of the proxy voting guidelines or proxy record:
---

None
A brief description of how managers are adhering to proxy voting guidelines:
---

Shareholder resolutions 

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:
---

Divestment efforts and negative screens

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:
PSUF is working with its new investment management firm (OCIO) to determine the best methodology to more actively realign with ESG strategies in the portfolio.

Approximate percentage of endowment that the divestment effort and/or negative screens apply to:
100

Investor networks 

Does the institution engage in policy advocacy by participating in investor networks and/or engage in inter-organizational collaborations to share best practices?:
Yes

None
A brief description of the investor networks and/or collaborations:
We are a founding member of the Intentional Endowment Network.

Optional Fields 

Website URL where information about the institution’s sustainable investment efforts is available:
http://www.intentionalendowments.org/

Additional documentation to support the submission:
---

Data source(s) and notes about the submission:
Data provided by PSU Foundation

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.