|Submission Date||Oct. 30, 2014|
PA-13: Committee on Investor Responsibility
Director 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:
The Investment Committee of Unity College's Board of Trustees invests Unity's endowment funds in accordance with our sustainability commitments. In 2012, the Board voted to fully divest from Fossil Fuel holdings, formalizing an approach to responsible investment that they began more than 5 years previously.
From their "Statement of Endowment Objectives"
In keeping with the College’s commitment to environmental sustainability, fossil fuel producers shall constitute <1% of the endowment portfolio. Such policy will take effect before 2018.
Members of the CIR, including affiliations and role (e.g. student, faculty, alumni):
The investment decisions are made entirely within the board of Trustees, which may include on a rotating basis faculty, students, or alumni.
Examples of CIR actions during the previous three years:
Full divestment from fossil fuel stocks
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 and complete the Data Inquiry Form.