|Submission Date||Nov. 4, 2019|
University of Minnesota, Duluth
PA-8: Committee on Investor Responsibility
|2.00 / 2.00||
UMD Office of Sustainability
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?:
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:
University Senate Bylaws, Article II., Section 5
J. SOCIAL CONCERNS COMMITTEE
The Social Concerns Committee is primarily concerned with the interrelationship between the University and the broader social community. It is concerned with the nature and extent of the University's response to social concerns.
Duties and Responsibilities
a. To make recommendations to the Senate for the University's response to social concerns and to advise the president and senior academic officers with respect to these matters.
b. To initiate on a regular basis campus fora on current controversial issues.
c. To annually determine which of the University’s investments have shareholder resolutions that should be of concern to the University and to recommend specific votes on these resolutions.
d. To recommend to the Senate Consultative Committee such actions or policies as it deems appropriate.
Does the CIR include staff representation?:
Does the CIR include faculty representation?:
Does the CIR include student representation?:
Members of the CIR, including affiliations and role (e.g. student, faculty, staff, alumni):
The Social Concerns Committee shall be composed of:
7 faculty members,
3 academic professional members,
3 civil service members,
3 alumni representatives, and
ex officio representation as specified by vote of the University Senate.
Faculty/academic professional and student members shall be appointed by the Committee on Committees. Civil service members shall be appointed by the Civil Service Consultative Committee. The alumni members shall be appointed by the president in consultation with the director of alumni relations.
Current membership available at https://drive.google.com/file/d/18BmoKc_764fVpcYNuJ78d4jACopurAMS/view
Examples of CIR actions during the previous three years:
Evaluated University practices related to fossil fuel investment and positive sustainability investment. Revised social concerns investment statements for consideration by full University Senate.
The website URL where information about the programs or initiatives is available:
Additional documentation to support the submission: