Skidmore College
PA-10: Sustainable Investment
| Status | Score | Responsible Party |
|---|---|---|
|
1.34 / 4.00 |
Mark
Youndt Director of Sustainability for Academic Affairs Management and Business |
Total value of the investment pool:
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) | 81,150,000 US/Canadian $ |
| Green revolving funds funded from the endowment | 0 US/Canadian $ |
A brief description of the companies, funds, and/or institutions referenced above:
Generation’s Global Equity strategy seeks to integrate sustainability research with fundamental equity analysis to invest in a portfolio of 30 to 60 publicly traded equities. The firm also manages a private equity strategy with the same team and sustainable research process.
Generation creates research documents termed “industry roadmaps” which typically have a sector or sub-sector focus but can also focus on a region or sustainability theme. Roadmaps are developed from internal research and shared by the investment teams across the Firm. Analysts conduct research by speaking with those in the relevant industry, supplementing their primary research with input from the experts that participate in Generation’s summits. In addition, Generation has relationships with organizations that serve as a source of information on broader sustainability issues. These organizations include the Carbon Disclosure Project, the Institutional Investors Group on Climate Change, CERES, the International Corporate Governance Network, United Nations Principles for Responsible Investment (UNPRI), the Sustainability Accounting Standards Board (SASB), the World Resources Institute, and the UN Global Compact. The roadmaps are the key identifying attractive investment opportunities fits with Generation focus on sustainable investing.
Percentage of the institution's investment pool in positive sustainability investments:
Does the institution have a publicly available sustainable investment policy?:
A copy of the sustainable investment policy:
The sustainable investment policy:
Does the institution use its sustainable investment policy to select and guide investment managers?:
A brief description of how the sustainable investment policy is applied:
Generation’s Global Equity strategy seeks to integrate sustainability research with fundamental equity analysis to invest in a portfolio of 30 to 60 publicly traded equities. The firm also manages a private equity strategy with the same team and sustainable research process.
Generation creates research documents termed “industry roadmaps” which typically have a sector or sub-sector focus but can also focus on a region or sustainability theme. Roadmaps are developed from internal research and shared by the investment teams across the Firm. Analysts conduct research by speaking with those in the relevant industry, supplementing their primary research with input from the experts that participate in Generation’s summits. In addition, Generation has relationships with organizations that serve as a source of information on broader sustainability issues. These organizations include the Carbon Disclosure Project, the Institutional Investors Group on Climate Change, CERES, the International Corporate Governance Network, United Nations Principles for Responsible Investment (UNPRI), the Sustainability Accounting Standards Board (SASB), the World Resources Institute, and the UN Global Compact. The roadmaps are the key identifying attractive investment opportunities fits with Generation focus on sustainable investing.
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?:
A copy of the proxy voting guidelines or proxy record:
A brief description of how managers are adhering to proxy voting guidelines:
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?:
Examples of how the institution has engaged with corporations in its portfolio about sustainability issues during the previous three years:
Does the institution participate in a public divestment effort and/or have a publicly available investment policy with negative screens?:
A brief description of the divestment effort or negative screens and how they have been implemented:
Approximate percentage of endowment that the divestment effort and/or negative screens apply to:
Does the institution engage in policy advocacy by participating in investor networks and/or engage in inter-organizational collaborations to share best practices?:
A brief description of the investor networks and/or collaborations:
Website URL where information about the institution’s sustainable investment efforts is available:
Additional documentation to support the submission:
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.