Overall Rating Gold - expired
Overall Score 76.93
Liaison Ezra Small
Submission Date March 6, 2020

STARS v2.2

University of Massachusetts Amherst
PA-9: Committee on Investor Responsibility

Status Score Responsible Party
Complete 2.00 / 2.00 Nathanael Schildbach
Marketing Manager
University Relations
"---" indicates that no data was submitted for this field

Does the institution have a formally established and active committee on investor responsibility (CIR) or equivalent body?:

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 of Massachusetts Foundation Socially Responsible Investing Advisory Committee (SRIAC) is responsible for considering divestment issues raised by students, faculty, alumni and other members of the UMass community. The eight-member Committee, which consists of faculty, administrators, alumni and students, serves as a forum in which social investment issues can be raised, discussed and reviewed. The Committee is responsible for considering proposals brought forth by members of the University community to determine whether they warrant further consideration by the Foundation’s Board of Directors.

Does the CIR include academic staff representation?:

Does the CIR include non-academic staff representation?:

Does the CIR include student representation?:

Members of the CIR, including affiliations and role:
The SRIAC consists of the following members:
Alumni Representative: David Basile, Senior Vice President/Wealth Management, Janney Montgomery Scott
Alumni Representative and Chair: Stephen Dunne, Managing Director, Private Banking North America, Credit Suisse Securities
Senior Administrator Representative: Christine Wilda, Senior Vice President and Treasurer, UMass President’s Office
Senior Administrator Representative: John Kennedy, Vice Chancellor for University Relations, UMass Amherst
Faculty Representative: Stephen White, Professor of Marketing and International Business, Charlton College of Business, UMass Dartmouth
Faculty Representative: Sharon Cantor, Associate Professor, Department of Cancer Biology, UMass Medical School
Student Representative: Sarah Freudson, UMass Amherst
Student Representative: Nolan O’Brien, UMass Boston

Examples of CIR actions during the previous three years:
No issues have been brought forward to SRIAC since 2016, when the issue of divestment from direct holdings in fossil fuel companies (which was carried out).

"Unfortunately our SRIAC hasn’t met since 2016. While issues related to socially responsible investing have been addressed by the Foundation since then, the Socially Responsible Investing Advisory Committee of our Board only meets to address formal petitions submitted by students, alumni, faculty, and other stakeholders. As we haven’t receive a petition in some time, the SRIAC has not been active over the past 3 years."

Christopher J. Youlden, CFA, CPA
University of Massachusetts Foundation, Inc.

Website URL where information about the institution’s committee on investor responsibility is available:
Additional documentation to support the submission:

Data source(s) and notes about the submission:
Christopher J. Youlden, CFA, CPA
University of Massachusetts Foundation, Inc.


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.