|Overall Rating||Gold - expired|
|Submission Date||Oct. 15, 2014|
PAE-T2-6: Socially Responsible Retirement Plan
|0.25 / 0.25||
Director of Total Compensation
Does the institution offer a socially responsible investment option for retirement plans?:
A brief description of the socially responsible investment option for retirement plans:
CREF Social Choice:
This variable annuity account seeks a favorable long-term rate of return that reflects the investment performance of the financial markets while giving special consideration to certain social criteria. The account is balanced, with assets divided between domestic and foreign stocks (about 60%) and bonds and other fixed income securities, including money market instruments (about 40%). The domestic equity portion of the account attempts to track the return of the U.S. stock market, as measured by the Russell 3000 Index, while the foreign equity portion attempts to match the return of developed international markets, as measured by the MSCI EAFE + Canada Index. The fixed income portion seeks a favorable long-term total return from investment-grade, fixed-rate securities. The account invests only in companies that are suitable from a financial perspective and whose activities are consistent with the account's social criteria.
The website URL where information about the program, policy, or practice is available:
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 firstname.lastname@example.org.