Overall Rating Expired
Overall Score Expired
Liaison Mark Maxwell
Submission Date Feb. 25, 2016
Executive Letter Download

STARS v2.0

University of California, Merced
PA-13: Committee on Investor Responsibility

Status Score Responsible Party
Complete Expired Amy Jaffe
CIO Senior Advisor, Energy and Sustainability
Chief Investment Office
"---" indicates that no data was submitted for this field

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?:
Yes

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:

In 2015, the University of California published a new comprehensive framework on Sustainable Investing and began integrating the framework into its risk evaluation and analysis process with input from stakeholders. The UC Regents Committee on Investments serves in the role of overseeing implementation of these sustainable investment policies and programs.


Members of the CIR, including affiliations and role (e.g. student, faculty, alumni):

The Committee has multi-stakeholder representation including faculty, staff, student, and alumni members.
Yolanda Gorman – Alumni Designate
Abraham Oved – Student Designate
Dan Hare – Faculty Representative
Deidre Acker – Staff Advisor
LaWana Richmond – Staff Advisor
William de la Pena MD – Regent
George Keiffer – Regent
Monica Lozano - Regent
Hadi Makarechian - Regent
Norman Pattiz - Regent
Sadia Saiffuddin - Regent
Richard Sherman - Regent
Paul Wachter - Regent
Charlene Zettel – Regent
Bruce Varner – Regent
Janet Napolitano-UC President


Examples of CIR actions during the previous three years:

Actions taken as part of new Sustainable Investing policy include:

Disinvested from publicly traded securities in coal mining and oil sands focused companies. Disinvested from publicly traded securities of US private prison companies.

Co-filed shareholder resolutions on Aiming for A climate resilience for three diversified mining companies and ExxonMobil

Joined Breakthrough Energy Coalition, led by Bill Gates, to promote investment in climate solutions, first American University to participate

Tabulated and published the carbon footprint of the UC Regents public equities portfolio

Signed the Paris Pledge as part of participation in COP 21

Initiating active engagement strategy with Fortune 500 companies on issues of importance to UC stakeholder community


The website URL where information about the CIR is available:

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