| Overall Rating | Reporter - expired |
|---|---|
| Overall Score | |
| Liaison | Patrick McKee |
| Submission Date | April 15, 2013 |
| Executive Letter | Download |
University of Connecticut
PAE-17: Shareholder Advocacy
| Status | Score | Responsible Party |
|---|---|---|
|
Reporter |
Laura
Dunn Sustainability Coordinator Office of Environmental Policy |
"---"
indicates that no data was submitted for this field
None
Has the institution filed or co-filed one or more shareholder resolutions that address sustainability during the past three years?:
Yes
None
Has the institution submitted one or more letters about social or environmental responsibility to a company in which it holds investments during the previous three years?:
Yes
None
Has the institution conducted a negative screening of its entire investment pool within the last three years?:
Yes
None
A brief description of how the institution (or its foundation) has engaged in shareholder advocacy that promotes sustainability during the previous 3 years. :
The Foundation does not publish holdings. The types of assets that the Foundation holds are published through the audited financial statements and the annual report. We do not publish specific investments or managers.
None
The website URL where information about the negative screen, divestment effort, and/or direct engagement with companies in which the institution holds investments is available:
Data source(s) and notes about the submission:
1. Has the Institution filed or co-filed one or more shareholder resolutions that address sustainability during the past three years?
In response to the recent strides to encourage endowments to divest from fossil fuels, there have been letters of opinion to encourage the University of Connecticut to take the necessary actions to make sure the endowment portfolio is vetted for the ownership in fossil-fuel companies. For example, in response to the 350.org campaign, Dr. William Upholt (http://regenerativemedicine.uchc.edu/faculty/bios/upholt.html) wrote a letter to UConn President Herbst addressing concerns about responsible investing by UConn.
The UConn Foundation states that there are no direct holdings or ownership of public companies who are direct producers of fossil fuels.
2. Has the institution conducted a negative screening of its entire investment pool within the last three years?
Yes, the Foundation has requested fund managers from different investment portfolios to consider divestment and to provide information on relevant holdings in order to track overall exposure to Sudan related holdings.
3. Has the institution conducted a negative screening of its entire investment pool within the last three years?
Yes, the Foundation has reviewed its funds to monitor and gauge the extent of any holdings of fossil fuel companies or investments in the Sudan region through analysis and monitoring of quarterly reports. No direct holdings of fossil fuel producing companies exist.
http://ecohusky.uconn.edu/docs/outreach/Shareholder_Response.pdf
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