| Overall Rating | Silver |
|---|---|
| Overall Score | 46.23 |
| Liaison | Martín Sánchez Gutiérrez |
| Submission Date | June 29, 2024 |
Tecnológico de Monterrey – Campus Chihuahua
PA-4: Sustainable Investment Program
| Status | Score | Responsible Party |
|---|---|---|
|
2.00 / 4.00 |
4.1 Sustainable investment policy or committee
Narrative and/or website URL providing an overview of how the institution has incorporated ESG factors and/or climate risk as material issues to be considered when making investment decisions:
Positive sustinability investment
Investment pool: $120,000,000 US dolars
Sustainable industries (e.g., renewable energy or sustainable forestry): $30,000,000 US dolars
The Investment Policy of Tecnológico de Monterrey currently considers Environmental, Social, and Governance (ESG) criteria for the type of assets in our institution's investment portfolio. We are currently developing a methodology for analyzing ESG criteria with the aim of gaining a more comprehensive understanding of the invested assets and the businesses that support them. This includes evaluating their ability to create value in sustainable business models, identifying strengths and risks they are exposed to, and assessing the policies or mechanisms they use to mitigate those risks.
The Reporting Tool will automatically calculate the following figure:
4.2 Negative screening and divestment
Narrative and/or website URL providing evidence of the institution’s use of negative screening and/or targeted divestment in support of sustainability:
The Reporting Tool will automatically calculate the following figure:
4.3 Investor engagement
Narrative and/or website URL providing an overview of the institution’s proxy voting in support of sustainability:
Has the institution filed a shareholder resolution or signed on to an investor statement in support of sustainability during the previous three years, either directly or through an investment manager?:
Narrative and/or website URL providing an overview of the shareholder resolutions or investor statements in support of sustainability:
Is the institution an active participant in one or more sustainability or ESG-focused investor networks?:
Narrative and/or website URL providing an overview of the institution’s participation in sustainability or ESG-focused investor networks:
The Reporting Tool will automatically calculate the following figure:
Optional documentation
For third-party managed investments, a due diligence process will be carried out to evaluate the approaches used to incorporate ESG criteria, both by the product manager and the vehicle of interest. The aim is to ensure coherence with the objectives of our internal sustainable investment policy. These analyses may be complemented by assessments of the ESG performance of the vehicles in which investments are made, based on information obtained from reports generated by the managers or external ESG information providers.
Additional documentation for this credit:
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.