Overall Rating Gold - expired
Overall Score 76.08
Liaison Tess Esposito
Submission Date March 1, 2019
Executive Letter Download

STARS v2.1

University of Dayton
PA-8: Committee on Investor Responsibility

Status Score Responsible Party
Complete 0.50 / 2.00
"---" indicates that no data was submitted for this field

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 University does not have a separate committee on investor responsibility; all University investments are overseen by the Investment Committee of the University's Board of Trustees. However, environmental and social responsibility are an integral part of of the work of this committee, and environmental and socially responsible investing guidance is an included as part of the University's published investment policy statement for its endowment and long-term investment pool. The Committee periodically reviews its compliance with its social and environmental responsibilities, and all investments are screened against specific criteria as outlined in the policy statement.

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):
Membership: The Committee is made of members of the Board of Trustees (by appointment of the Board Chair) and members of the staff also serve as non-voting members (VP for Finance and Administrative Services and Asst VP and Treasurer, also appointed by the Board Chair). From time to time, certain non-Board and non-staff individuals with specific investment expertise may be appointed to this committee as non-voting members based on the recommendations of the staff or Committee members and approval by the Board Chair.

Examples of CIR actions during the previous three years:
In 2014, University of Dayton supported its mission, sustainability, human rights by divesting from coal, fossil fuel, and gas from $670 million investment pool. It is believed to be the first Catholic university in the nation to take this step. The board of trustees unanimously approved the new investment policy, reflecting the University's commitment to environmental sustainability, human rights and its religious mission. The Investment Committee recommended this action to the board. In the previous three years, the University continues to fulfill this obligation by selling off its fossil fuel investments. https://udayton.edu/news/articles/2014/06/dayton_divests_fossil_fuels.php

The website URL where information about the programs or initiatives is available:
Additional documentation to support the submission:

Data source(s) and notes about the submission:

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