|Submission Date||Oct. 30, 2014|
PA-14: Sustainable Investment
Director of Sustainability
Total value of the investment pool:
Value of holdings in each of the following categories::
|Value of Holdings|
|Sustainable industries (e.g. renewable energy or sustainable forestry)||420000 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)||331960 US/Canadian $|
|Community development financial institutions (CDFIs) or the equivalent||3360000 US/Canadian $|
|Socially responsible mutual funds with positive screens (or the equivalent)||0 US/Canadian $|
|Green revolving loan funds that are funded from the endowment||130000 US/Canadian $|
A brief description of the companies, funds, and/or institutions referenced above:
The policy is that Unity college energy investments will that focus on greener and generally renewable sources of energy as well as technologies that facilitate cleaner energy.
Does the institution have a publicly available sustainable investment policy?:
A copy of the sustainable investment policy:
The sustainable investment policy:
In keeping with the College’s commitment to environmental sustainability, fossil fuel producers shall constitute <1% of the endowment portfolio.
The interpretation of “fossil fuel producers” is 350.org’s definition, using the top 200 companies from carbon tracker.
Does the institution use its sustainable investment policy to select and guide investment managers?:
A brief description of how the policy is applied, including recent examples:
The policy is applied through the investment committee of the Trustees by selecting specific investment advisors. The current advisors have created a new investment benchmark for performance of the college endowment.
Does the institution's sustainable investment policy include negative screens?:
A brief description of the negative screens and how they have been implemented:
The College excludes the top 200 oil companies per policy.
Approximate percentage of the endowment that the negative screens apply to:
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?:
A copy of the proxy voting guidelines or proxy record:
A brief description of how managers are adhering to proxy voting guidelines:
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?:
Examples of how the institution has engaged with corporations in its portfolio about sustainability issues during the previous three years:
Does the institution engage in policy advocacy by participating in investor networks and/or engaging in inter-organizational collaborations to share best practices?:
A brief description of the investor networks and/or collaborations:
President talks to other colleges, iinfluences other portolios...
The website URL where information about the institution's sustainable investment efforts 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.