Overall Rating Platinum
Overall Score 88.00
Liaison Melissa Maigler
Submission Date Feb. 22, 2019
Executive Letter Download

STARS v2.1

Stanford University
PA-8: Committee on Investor Responsibility

Status Score Responsible Party
Complete 1.00 / 2.00 Moira Hafer
Sustainability Specialist
Office of Sustainability
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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?:
Yes

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:

Following a year of review and input from the campus community, Stanford’s Board of Trustees adopted an updated approach to investment responsibility in December 2018. Under the new process, an individual or group with an investment responsibility concern will be able to submit a proposal to the Investment Responsibility and Stakeholder Relations (IRSR) office and to the Special Committee on Investment Responsibility (SCIR) of the Board of Trustees.

The SCIR will review the proposal in the context of the Statement on Investment Responsibility. The SCIR is empowered to undertake a full evaluation of the issue. In doing so, the SCIR will form an ad-hoc, issue-based fact-finding committee, which would include faculty and staff subject-matter experts, responsible for research and campus engagement where needed. The Board of Trustees would make the final decision on what action, if any, should be taken on the request.


Does the CIR include staff representation?:
Yes

Does the CIR include faculty representation?:
Yes

Does the CIR include student representation?:
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Members of the CIR, including affiliations and role (e.g. student, faculty, staff, alumni):

Under the new framework, issue-based committees are formed to address specific investment practice recommendations. These committees have regular representation from staff, alumni, trustees and faculty, and the committees may at times also include student representatives.


Examples of CIR actions during the previous three years:

Conducted community outreach for Investment Responsibility update; created Recommendations Reports to the Board of Trustees; adopted new Investment Responsibility Policies; recommended the divestment from thermal coal extraction companies; evaluated a request to divest from other fossil fuel companies; evaluated a request by the Workers’ Rights Consortium (WRC) that Stanford require its trademark licensees which source, produce or purchase collegiate apparel in Bangladesh to sign the Accord on Fire and Building Safety in Bangladesh (Accord).


The website URL where information about the programs or initiatives is available:
Additional documentation to support the submission:
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