Overall Rating Gold - expired
Overall Score 77.56
Liaison Ruairi O'Mahony
Submission Date Feb. 15, 2019
Executive Letter Download

STARS v2.1

University of Massachusetts Lowell
PA-8: Committee on Investor Responsibility

Status Score Responsible Party
Complete 2.00 / 2.00 Christopher Youlden
Senior Financial Analyst
University of Massachusetts Foundation, Inc.
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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?:
Yes

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 staff representation?:
Yes

Does the CIR include faculty representation?:
Yes

Does the CIR include student representation?:
Yes

Members of the CIR, including affiliations and role (e.g. student, faculty, staff, alumni):

Rotating membership consisting of 2 Alumni Representatives, 2 Senior University Representatives, 2 Faculty Representatives, and 2 Student Representatives.


Examples of CIR actions during the previous three years:

SRIAC received a student petition requesting that the University divest of all its holdings in fossil fuel companies. The Committee met with representatives of the student group and researched the issue over several months before ultimately making a recommendation to the Foundation’s Board of Directors. Based on the Committee’s recommendation, the Board voted to divest from direct investments in coal companies.


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