|Overall Rating||Gold - expired|
|Submission Date||July 30, 2014|
PA-13: Committee on Investor Responsibility
|2.00 / 2.00||
Office of Sustainability
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:
In 1971, Stanford adopted the Statement on Investment Responsibility (http://apir.stanford.edu/stanford_statement). With this statement, Stanford established the Advisory Panel on Investment Responsibility and Licensing (APIRL) to advise Stanford’s President and Board of Trustees about the social and environmental impact of Stanford’s investment and trademark licensing activities, as well as to provide a forum for the Stanford community to voice its concerns about these issues.
The APIRL’s primary activities include:
1. Amending existing and developing new core social issue policy statements and proxy voting guidelines for shareholder resolutions on social and environmental issues.
2. Receiving, reviewing and researching Requests for Review related to environmental and social issues, and making recommendations to Stanford University’s President and Board of Trustees on future action.
3. Developing and presenting written reports and providing background information in support of the Panel’s action recommendations.
The APIRL has three subcommittees which research and evaluate issues brought before it: (i) Diversity, Non-Discrimination and Labor Equity; (ii) Environmental Sustainability; and (iii) Human Rights. Ad hoc subcommittees are formed to address other issues, as needed.
Members of the CIR, including affiliations and role (e.g. student, faculty, alumni):
The SCIR has membership that ranges from 4 to 12 Trustees with a broad range of academic as well as professional experience.
The APIRL has 12 members drawn from Stanford’s students, faculty, staff and alumni. Students are nominated by ASSU, Faculty members are appointed by the Academic Council, Alumni members are selected in co-ordination with the Alumni Center and Staff members are appointed by the President. In addition, the APIRL engages student interns to help research issues. The Chief Executive Officer of the Stanford Management Company (or his/her designee) acts in an ex-officio capacity as necessary.
Examples of CIR actions during the previous three years:
Divestment from coal extraction companies, adoption of proxy voting guidelines that address pay equity, energy efficiency, human rights, and supply chain.
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 or simply email your inquiry to email@example.com.