| Overall Rating | Gold - expired |
|---|---|
| Overall Score | 69.41 |
| Liaison | Yolanda Cieters |
| Submission Date | Feb. 22, 2016 |
| Executive Letter | Download |
Seattle University
PA-13: Committee on Investor Responsibility
| Status | Score | Responsible Party |
|---|---|---|
|
2.00 / 2.00 |
Phillip
Thompson Director CEJS |
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?:
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 Socially Responsible Investments (SRI) Task Force at Seattle University was created in 2015 to consider issues of social responsibility in the investment policies and practices of Seattle University. Its charter states: "The Task Force will consider issues of social responsibility in the investment policies and practices of Seattle University. It is charged with making recommendations to the Investment Committee on socially responsible investment issues related to the investments in the university's endowment."
The Task Force, which is part of the Board of Trustee’s Investment Committee, consists of 11 members representing the Board of Trustees, alumni, students, faculty and staff. The university has already made targeted investments in micro-entrepreneurship activities.
As reflected in SU's audited financial statements, which are public documents, the university has no direct investments in any publicly traded companies and thus no direct investments in any publicly traded fossil fuel companies.
Members of the CIR, including affiliations and role (e.g. student, faculty, alumni):
Members of the Socially Responsible Investments Task Force at Seattle University are:
· Bob Blais, Board of Trustees and Investment Committee member, Task Force Chair
· Cathy Cao, faculty representative–assistant professor, Finance
· Nathan Colaner, faculty representative–instructor, Philosophy
· Yichen Fan, student representative–Albers School of Business and Economics/Redhawks Fund analyst
· Anne Farrell, Investment Committee member
· Joe Gaffney, Investment Committee member
· Zebedee McCall, graduate student representative-Albers School of Business and Economics/MBA
· Scott McClellan, administration–vice president, Marketing Communications
· Jill Naas-Blackburn, ’95, alumni representative–program management, Wells Fargo
· Andrew O’Boyle, administration–assistant vice president, Finance and Investments
· Brian Yadao, ’09, alumni representative–portfolio analyst, Russell Investments
Examples of CIR actions during the previous three years:
SU's Investment Policy states, “Consistent with the university's Jesuit Catholic values, the [Investment] Committee will consider the university's commitment to ethics and social responsibility in making investment decisions. While the committee remains committed to its fiduciary duty to the university's long-term financial growth and sustainability, it also recognizes the value of non-traditional investment opportunities in providing a reasonable return as well as furthering the university's mission and values.”
The Socially Responsible Investments (SRI) Task Force at Seattle University was just recently created in 2015. The task force is committed to taking concrete steps where there is consensus and to continuing the progress the university has already made through the Climate Action Plan and other initiatives to advance sustainability in its operations and academic programming.
The website URL where information about the CIR is available:
Data source(s) and notes about the submission:
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.