Overall Rating Gold - expired
Overall Score 66.00
Liaison Jonna Korpi
Submission Date Nov. 4, 2019
Executive Letter Download

STARS v2.1

University of Minnesota, Duluth
PA-8: Committee on Investor Responsibility

Status Score Responsible Party
Complete 2.00 / 2.00 Mindy Granley
Sustainability Director
UMD Office of Sustainability

Criteria

Institution has a formally established and active committee on investor responsibility (CIR) or equivalent body that makes recommendations to fund decision-makers on socially and environmentally responsible investment opportunities across asset classes, including proxy voting (if the institution engages in proxy voting). The body has multi-stakeholder representation, which means its membership includes faculty, staff, and/or students (and may also include alumni, trustees, and/or other parties).

Institutions for which investments are handled by the university system and/or a separate foundation of the institution should report on the investment policies and activities of those entities.

A general committee that oversees the institution’s investments does not count for this credit unless social and environmental responsibility is an explicit part of its mission and/or a regular part of its agenda.

This credit recognizes committees that that regularly make recommendations to fund decision-makers on the institution’s external investments. Committees that only have within their purview green revolving loan funds or similar initiatives to fund campus infrastructure improvements and sustainability committees that occasionally make recommendations to fund decision-makers do not count. Student-managed sustainable investment funds, green fees and revolving funds, and sustainable microfinance initiatives are covered in the Student Life credit in Campus Engagement.

This credit applies to institutions with endowments of US $1 million or larger.  Institutions with endowments totaling less than US $1 million may choose to omit this credit.


Applicability

This credit applies to institutions with endowments of US $1 million or larger. Institutions with endowments totaling less than US $1 million may choose to omit this credit.


Scoring

Institutions earn the maximum of 2 points available for this credit for having a CIR or equivalent body that has multi-stakeholder representation (including staff, faculty and students) and otherwise meets the criteria outlined above. Partial points are available for institutions that have a CIR that otherwise meets the criteria, but does not include all stakeholders, as follows:

 

Institution has a formally established and active CIR that includes representatives of the following stakeholder groups:

Points available

Points earned

Staff

 0.5

 

Faculty

0.5 

 

Students

1

 

Total points earned ->

Up to 2


Measurement

Timeframe

Report on current committee composition and practices at the time of submission.

Sampling and Data Standards

Not applicable

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.