| Overall Rating | Silver - expired |
|---|---|
| Overall Score | 64.54 |
| Liaison | Shane Stennes |
| Submission Date | Oct. 25, 2012 |
| Executive Letter | Download |
University of Minnesota, Twin Cities
PAE-17: Shareholder Advocacy
| Status | Score | Responsible Party |
|---|---|---|
|
5.00 / 5.00 |
Shane
Stennes Director of Sustainability University Services |
Has the institution filed or co-filed one or more shareholder resolutions that address sustainability during the past three years?:
Has the institution submitted one or more letters about social or environmental responsibility to a company in which it holds investments during the previous three years?:
Has the institution conducted a negative screening of its entire investment pool within the last three years?:
A brief description of how the institution (or its foundation) has engaged in shareholder advocacy that promotes sustainability during the previous 3 years. :
Within the last 3 years the University Office of Investments and Banking conducted a quantitative negative screen on all direct holdings. The screen was was based on the Interfaith Center on Corporate Responsibility's social responsibility ratings. The screen did not identify any direct holdings that required action.
In the past, the University has taken actions to remove itself from investments based on social responsibility considerations. For example, the University removed itself from investments in Sudan in 2008. The concern over these investments was brought to the Social Concerns Committee. The committee recommended and resolved that the U of M remove any investments involved in this conflict. Investments were then taken out of the region and have not been added since. Each year, the committee reviews any issues of a similar nature.
The website URL where information about the negative screen, divestment effort, and/or direct engagement with companies in which the institution holds investments is available:
Data source(s) and notes about the submission:
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.