University of Massachusetts Amherst
PA-9: Committee on Investor Responsibility
| Status | Score | Responsible Party |
|---|---|---|
|
2.00 / 2.00 |
Barry
Morrison Chief Financial Officer UMass Foundation |
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:
Alumni Representative and Chair:
Senior Administrator Representative:
Senior Administrator Representative:
Faculty Representative:
Faculty Representative:
Student Representative:
Student Representative:
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."
Barry Morrison, 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:
Barry F Morrison, CPA
University of Massachusetts Foundation, Inc.
https://www.umassfoundation.org/s/1355/umass/18/interior.aspx?sid=1355&gid=1&pgid=6835
The SRIAC is a direct result of the divestment movement started by UMass Amherst students in 2014.
Barry F Morrison, CPA
University of Massachusetts Foundation, Inc.
https://www.umassfoundation.org/s/1355/umass/18/interior.aspx?sid=1355&gid=1&pgid=6835
The SRIAC is a direct result of the divestment movement started by UMass Amherst students in 2014.
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