Overall Rating Gold
Overall Score 69.70
Liaison Kevin Kirsche
Submission Date June 22, 2021

STARS v2.2

University of Georgia
PA-10: Sustainable Investment

Status Score Responsible Party
Complete 1.34 / 5.00 Nate Shear
Sustainability Metrics Intern
Office of Sustainability
"---" indicates that no data was submitted for this field

Total value of the investment pool:
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 $

A brief description of the companies, funds, and/or institutions referenced above:

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

Does the institution have a publicly available sustainable investment policy?:
Yes

A copy of the sustainable investment policy:
The sustainable investment policy:
---

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.


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:
---

A brief description of how managers are adhering to proxy voting guidelines:
---

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:
---

Does the institution participate in a public divestment effort and/or have a publicly available investment policy with 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

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:
---

Website URL where information about the institution’s sustainable investment efforts is available:
---

Additional documentation to support the submission:

Source:
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 and complete the Data Inquiry Form.