|Submission Date||March 22, 2019|
PA-8: Committee on Investor Responsibility
|2.00 / 2.00||
Does the institution have a formally established and active committee on investor responsibility (CIR) that makes recommendations to fund decision-makers on socially and environmentally responsible investment opportunities across asset classes?:
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 Financial Affairs Committee of Unity College's Board of Trustees oversees both finances and investments for the College. This committee ensure the College 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 constitute <1% of the endowment portfolio.
Does the CIR include staff representation?:
Does the CIR include faculty representation?:
Does the CIR include student representation?:
Members of the CIR, including affiliations and role (e.g. student, faculty, staff, 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:
Continuing to keep the portfolio divested from fossil fuels
The website URL where information about the programs or initiatives is available:
Additional documentation to support the submission:
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.