| Overall Rating | Platinum |
|---|---|
| Overall Score | 85.88 |
| Liaison | Sam Lubow |
| Submission Date | March 3, 2022 |
Stanford University
PA-9: Committee on Investor Responsibility
| Status | Score | Responsible Party |
|---|---|---|
|
1.00 / 2.00 |
Melissa
Maigler Sustainability Analytics Manager Office of Sustainability |
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indicates that no data was submitted for this field
Does the institution have a formally established and active committee on investor responsibility (CIR) or equivalent body?:
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.
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 academic staff representation?:
Yes
Does the CIR include non-academic staff representation?:
Yes
Does the CIR include student representation?:
No
Members of the CIR, including affiliations and role:
Under the new framework, issue-based committees are formed to address specific investment practice recommendations. These committees may have regular representation from staff, alumni, trustees, faculty, and students.
None
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; evaluated a request to further divest from other fossil fuel companies including conducting more than 50 outreach meetings and expert presentations.
Optional Fields
Additional documentation to support the submission:
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Data source(s) and notes about the submission:
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