| Overall Rating | Silver |
|---|---|
| Overall Score | 49.59 |
| Liaison | Lily Strehlow |
| Submission Date | Feb. 2, 2024 |
University of Wisconsin-Eau Claire
PA-10: Sustainable Investment
| Status | Score | Responsible Party |
|---|---|---|
|
1.10 / 3.00 |
"---"
indicates that no data was submitted for this field
Part 1. Positive sustainability investment
58,074,980
US/Canadian $
Value of holdings in each of the following categories:
| Value of holdings | |
| Sustainable industries (e.g., renewable energy or sustainable forestry) | 204,218 US/Canadian $ |
| Businesses selected for exemplary sustainability performance (e.g., using criteria specified in a sustainable investment policy) | 12,515,264 US/Canadian $ |
| Sustainability investment funds (e.g., a renewable energy or impact investment fund) | 25,196 US/Canadian $ |
| Community development financial institutions (CDFIs) or the equivalent | 0 US/Canadian $ |
| Socially responsible mutual funds with positive screens (or the equivalent) | 0 US/Canadian $ |
| Green revolving funds funded from the endowment | 0 US/Canadian $ |
If any of the above is greater than zero, provide:
We ran an exposure analysis of the Portfolio’s public holdings (Global Equities, Fixed Income, Liquid Real Assets, and Absolute Return) against the iShares Global Clean Energy ETF. For the Portfolio’s private holdings, we included funds with a focus on sustainable real assets.
We ran an exposure analysis of the Portfolio’s public holdings against the iShares Dow Jones Global Sustainability Screened ETF. Within the Portfolio’s private holdings, we identified managers with a commitment to ESG/Impact leadership standards when making underlying platform investments.
We’ve included private funds in the Portfolio with a focus on renewable energy and/or impact-oriented investments.
1. Sustainable industries (e.g., renewable energy or sustainable forestry):
- For liquid investments, this includes investments in companies that produce energy from solar, wind, and other renewable sources. It also includes companies that develop technology and equipment used in the process.
- For illiquid investments, this includes investments in funds that focus on investments in inefficient, poorly understood sustainable real asset sectors; technology companies focused on accelerating the transition to a lower carbon economy; repositioning assets to optimize water, agricultural, and/or renewable energy potential; sustainable agribusiness; etc.
2. Businesses selected for exemplary sustainability performance (e.g., using criteria specified in a sustainable investment policy):
- For liquid investments, this includes investments in companies leading in the sustainability field (those that have been screened for economic, environmental and social characteristics), and excludes companies which generated revenues from alcohol, tobacco, gambling, armament, firearms, and adult entertainment.
- For illiquid investments, this includes investments in funds that are signatories of the UN Principles for Responsible Investment’s (PRI) six key principles. PRI is an international organization that works to promote the incorporation of environmental, social, and corporate governance factors (ESG) into investment decision-making. The six key principles that signatories agree to are: 1) We will incorporate ESG issues into investment analysis and decision-making processes; 2) We will be active owners and incorporate ESG issues into our ownership policies and practices; 3) We will seek appropriate disclosure on ESG issues by the entities in which we invest; 4) We will promote acceptance and implementation of the Principles within the investment industry; 5) We will work together to enhance our effectiveness in implementing the Principles; 6) We will each report on our activities and progress towards implementing the Principles.
3. Sustainability investment funds (e.g., a renewable energy or impact investment fund):
- For renewable energy funds, this includes investments in funds that focus on investments in inefficient, poorly understood sustainable real asset sectors; technology companies focused on accelerating the transition to a lower carbon economy; repositioning assets to optimize water, agricultural, and/or renewable energy potential; sustainable agribusiness; etc.
- For impact investment funds, this includes investments in funds that focus on investments in life and physical sciences.
We ran an exposure analysis of the Portfolio’s public holdings against the iShares Dow Jones Global Sustainability Screened ETF. Within the Portfolio’s private holdings, we identified managers with a commitment to ESG/Impact leadership standards when making underlying platform investments.
We’ve included private funds in the Portfolio with a focus on renewable energy and/or impact-oriented investments.
1. Sustainable industries (e.g., renewable energy or sustainable forestry):
- For liquid investments, this includes investments in companies that produce energy from solar, wind, and other renewable sources. It also includes companies that develop technology and equipment used in the process.
- For illiquid investments, this includes investments in funds that focus on investments in inefficient, poorly understood sustainable real asset sectors; technology companies focused on accelerating the transition to a lower carbon economy; repositioning assets to optimize water, agricultural, and/or renewable energy potential; sustainable agribusiness; etc.
2. Businesses selected for exemplary sustainability performance (e.g., using criteria specified in a sustainable investment policy):
- For liquid investments, this includes investments in companies leading in the sustainability field (those that have been screened for economic, environmental and social characteristics), and excludes companies which generated revenues from alcohol, tobacco, gambling, armament, firearms, and adult entertainment.
- For illiquid investments, this includes investments in funds that are signatories of the UN Principles for Responsible Investment’s (PRI) six key principles. PRI is an international organization that works to promote the incorporation of environmental, social, and corporate governance factors (ESG) into investment decision-making. The six key principles that signatories agree to are: 1) We will incorporate ESG issues into investment analysis and decision-making processes; 2) We will be active owners and incorporate ESG issues into our ownership policies and practices; 3) We will seek appropriate disclosure on ESG issues by the entities in which we invest; 4) We will promote acceptance and implementation of the Principles within the investment industry; 5) We will work together to enhance our effectiveness in implementing the Principles; 6) We will each report on our activities and progress towards implementing the Principles.
3. Sustainability investment funds (e.g., a renewable energy or impact investment fund):
- For renewable energy funds, this includes investments in funds that focus on investments in inefficient, poorly understood sustainable real asset sectors; technology companies focused on accelerating the transition to a lower carbon economy; repositioning assets to optimize water, agricultural, and/or renewable energy potential; sustainable agribusiness; etc.
- For impact investment funds, this includes investments in funds that focus on investments in life and physical sciences.
Percentage of the institution's investment pool in positive sustainability investments:
21.95
Part 2. Investor engagement
Sustainable investment policy
No
None
A copy of the sustainable investment policy:
---
None
The sustainable investment policy:
The Committee has asked the OCIO to integrate ESG and DEI considerations into its investment decisions, when appropriate and practicable. These considerations will be factored into the manager due diligence and investment process according to the OCIO's standard procedures. Investment managers and strategies that fit these characteristics will be included for consideration within the Investment Portfolio
None
Does the institution use its sustainable investment policy to select and guide investment managers?:
---
A brief description of how the sustainable investment policy is applied:
---
Proxy voting
No
None
A copy of the proxy voting guidelines or proxy record:
---
None
A brief description of how managers are adhering to proxy voting guidelines:
---
Shareholder resolutions
No
Examples of how the institution has engaged with corporations in its portfolio about sustainability issues during the previous three years:
---
Divestment efforts and negative screens
No
A brief description of the divestment effort or negative screens and how they have been implemented:
---
Approximate percentage of endowment that the divestment effort and/or negative screens apply to:
---
Investor networks
No
None
A brief description of the investor networks and/or collaborations:
---
Optional Fields
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Additional documentation to support the submission:
---
Data source(s) and notes about the submission:
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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.