Overall Rating Gold
Overall Score 83.37
Liaison Ruairi O'Mahony
Submission Date Feb. 11, 2022

STARS v2.2

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

Status Score Responsible Party
Complete 2.00 / 2.00 Christopher Youlden
Senior Financial Analyst
University of Massachusetts Foundation, Inc.
"---" 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.

The Committee was created by and is maintained in compliance with the UMass Foundation policy on Socially Responsible Investing approved in 2014.

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:
The SRIAC meets to address formal petitions from the UMass Community regarding the investment practices of the UMass Foundation. As the SRIAC has not received a formal petition over the past three years, the Committee has not had a formal meeting. In 2016, the issue of divestment from direct holdings in fossil fuel companies was reviewed and carried out.

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:

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