Overall Rating Gold
Overall Score 69.15
Liaison Mary Ellen Mallia
Submission Date Feb. 27, 2023

STARS v2.2

University at Albany
PA-10: Sustainable Investment

Status Score Responsible Party
Complete 0.00 / 3.00 Mary Ellen Mallia
Director of Environmental Sustainability
Finance and Business
"---" indicates that no data was submitted for this field

Total value of the investment pool:
102,700,000 US/Canadian $

Value of holdings in each of the following categories:
Value of holdings
Sustainable industries (e.g., renewable energy or sustainable forestry) 0 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 $

A brief description of the companies, funds, and/or institutions referenced above:
The information above refers solely to the university endowment and the UAlbany Foundation policies and procedures

Percentage of the institution's investment pool in positive sustainability investments:
0

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

A copy of the sustainable investment policy:
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The sustainable investment policy:
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Does the institution use its sustainable investment policy to select and guide investment managers?:
No

A brief description of how the sustainable investment policy is applied:
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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?:
No

A copy of the proxy voting guidelines or proxy record:
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A brief description of how managers are adhering to proxy voting guidelines:
The UAlbany foundation does not engage in policy advocacy. The retirement fund of most of our employees, the NYS Common Retirement Fund has engaged in advocacy for several years. https://www.osc.state.ny.us/press/releases/2021/07/dinapoli-announces-unprecedented-support-climate-actions-during-2021-proxy-season

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:
The UAlbany foundation does not engage in policy advocacy. The retirement fund of most of our employees, the NYS Common Retirement Fund has engaged in advocacy for several years. https://www.osc.state.ny.us/press/releases/2021/07/dinapoli-announces-unprecedented-support-climate-actions-during-2021-proxy-season

Does the institution participate in a public divestment effort and/or have a publicly available investment policy with negative screens?:
No

A brief description of the divestment effort or negative screens and how they have been implemented:
The campus endowment is not divested. The retirement fund of most of our employees, the NYS Common Retirement Fund has made a public statement of it intention to divest. https://www.institutionalinvestor.com/article/b1wpqrffxtkn7c/New-York-s-State-Pension-Fund-Announces-Plan-to-Divest-From-21-Oil-and-Gas-Companies

Approximate percentage of endowment that the divestment effort and/or negative screens apply to:
0

Does the institution engage in policy advocacy by participating in investor networks and/or engage in inter-organizational collaborations to share best practices?:
No

A brief description of the investor networks and/or collaborations:
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Website URL where information about the institution’s sustainable investment efforts is available:
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Additional documentation to support the submission:
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Data source(s) and notes about the submission:
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