Overall Rating Gold
Overall Score 66.43
Liaison Greg Maginn
Submission Date June 30, 2023

STARS v2.2

The Ohio State University
PA-10: Sustainable Investment

Status Score Responsible Party
Complete 1.49 / 5.00 Renee Schlade
Director of Investments Operat
Office of Investments
"---" indicates that no data was submitted for this field

Part 1. Positive sustainability investment

Total value of the investment pool:
6,960,000,000 US/Canadian $

Value of holdings in each of the following categories:
Value of holdings
Sustainable industries (e.g., renewable energy or sustainable forestry) 200,000,000 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) 0 US/Canadian $
Green revolving funds funded from the endowment 0 US/Canadian $

If any of the above is greater than zero, provide:

A brief description of the companies, funds, and/or institutions referenced above:
Investments have been made in the renewable energy and infrastructure.

Additionally, the Sustainability Institute manages the Ohio State Sustainability Fund which has provided over 10 Million dollars of funding since 2010. Projects much submit applications for review to the President and Provost Council on sustainability in order to receive funding.

Percentage of the institution's investment pool in positive sustainability investments:
2.87

Part 2. Investor engagement

Sustainable investment policy 

Does the institution have a publicly available sustainable investment policy?:
No

None
A copy of the sustainable investment policy:
590_InvestmentPolicy.pdf

None
The sustainable investment policy:
To establish the overall goals, management responsibilities, investment strategies and discipline for the investment
portfolios of The Ohio State University (university). This Investment Policy is intended to permit sufficient flexibility to
capture investment opportunities, yet provide parameters that ensure prudence and care in the execution of the
investment program. The chief investment officer will make best efforts to implement this policy in a socially and environmentally responsible manner.

590_InvestmentPolicy.pdf

None
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:
Evaluate how managers apply ESG principles when hiring; and ongoing evaluations of managers from year to year.

Act solely in the interest of the university, for the purposes of providing income and maintaining the real
purchasing power of the principal. Act with the care, skill, prudence, and diligence under the prevailing circumstances. Diversify the investments of the LTIP to minimize overall risk, and to provide investment returns to achieve the LTlP's stated goals.

Proxy voting 

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?:
Yes

None
A copy of the proxy voting guidelines or proxy record:
---

None
A brief description of how managers are adhering to proxy voting guidelines:
The chief investment officer has the authority to delegate proxy voting to external managers to maximize fund value, reserving the right to direct the voting on specific issues as needed.

Shareholder resolutions 

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?:
No

Examples of how the institution has engaged with corporations in its portfolio about sustainability issues during the previous three years:
N/A

Divestment efforts and negative screens

Does the institution participate in a public divestment effort and/or have a publicly available investment policy with negative screens?:
Yes

A brief description of the divestment effort or negative screens and how they have been implemented:
The university is formally divested from investments in Sudan.

Approximate percentage of endowment that the divestment effort and/or negative screens apply to:
75

Investor networks 

Does the institution engage in policy advocacy by participating in investor networks and/or engage in inter-organizational collaborations to share best practices?:
Yes

None
A brief description of the investor networks and/or collaborations:
The Ohio State investment team regularly participates in annual meetings with the Big Ten Academic Alliance CIO network which revolves around many topics including sustainable investment. The investment team routinely attends additional industry conferences as well.

Optional Fields 

Website URL where information about the institution’s sustainable investment efforts is available:
https://president.osu.edu/sites/default/files/documents/2021/09/FY21%20OSSF%20Report%20092721.pdf

Additional documentation to support the submission:
---

Data source(s) and notes about the submission:
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