Overall Rating | Gold - expired |
---|---|
Overall Score | 69.87 |
Liaison | Kevin Kirsche |
Submission Date | June 22, 2021 |
University of Georgia
PA-10: Sustainable Investment
Status | Score | Responsible Party |
---|---|---|
1.34 / 5.00 |
Nate
Shear Sustainability Metrics Intern Office of Sustainability |
"---"
indicates that no data was submitted for this field
Part 1. Positive sustainability investment
1,343,987,000
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) | 13,867,070 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 $ |
If any of the above is greater than zero, provide:
The UGA Foundation is invested in two Natural Gas and Energy Royalty (Wind) Limited Partnerships. The total market value of these two funds at June 30, 2019, the end of fiscal year 2019, was $13,867,070.
Percentage of the institution's investment pool in positive sustainability investments:
1.03
Part 2. Investor engagement
Sustainable investment policy
Yes
None
A copy of the sustainable investment policy:
None
The sustainable investment policy:
---
None
Does the institution use its sustainable investment policy to select and guide investment managers?:
Yes
A brief description of how the sustainable investment policy is applied:
The UGA Foundation reviews the ESG policies of potential and existing investment managers. UGAF partners with investment managers that have appropriate risk identification including ESG factors that may impact performance. Should UGAF find that a manager’s ESG policy conflicts with UGAF’s ESG considerations, UGAF will engage with the manager and may seek to remedy any difference.
Proxy voting
No
None
A copy of the proxy voting guidelines or proxy record:
---
None
A brief description of how managers are adhering to proxy voting guidelines:
---
Shareholder resolutions
No
Examples of how the institution has engaged with corporations in its portfolio about sustainability issues during the previous three years:
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Divestment efforts and negative screens
Yes
A brief description of the divestment effort or negative screens and how they have been implemented:
The UGA Foundation is invested in an international equity commingled fund that has a self-imposed firm policy of not investing in tobacco or firearms. At June 30, 2019, the market value of this investment was $23,365,933.
Approximate percentage of endowment that the divestment effort and/or negative screens apply to:
1.74
Investor networks
No
None
A brief description of the investor networks and/or collaborations:
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Optional Fields
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Additional documentation to support the submission:
Data source(s) and notes about the submission:
Source:
Jason Bull, Chief Investment Officer
Jason Bull, Chief Investment Officer
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 or simply email your inquiry to stars@aashe.org.