| Overall Rating | Silver |
|---|---|
| Overall Score | 51.51 |
| Liaison | Kirk Hemphill |
| Submission Date | Feb. 12, 2024 |
Florida Institute of Technology
PA-9: Committee on Investor Responsibility
| Status | Score | Responsible Party |
|---|---|---|
|
1.00 / 2.00 |
Ken
Lindeman Professor, Sustainability Studies Ocean Engineering & Marine Sciences |
Does the institution have a formally established and active committee on investor responsibility (CIR) or equivalent body?:
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:
Investor responsibility is primarily handled by the Investment Committee of the Board of Trustees at Florida Tech. The mission of the committee is to ensure the responsible investment of university funds to ensure the financial future of the institution, this includes management of the university's reputation. Selection of managers includes questioning on social issues.
Does the CIR include academic staff representation?:
Does the CIR include non-academic staff representation?:
Does the CIR include student representation?:
Members of the CIR, including affiliations and role:
Investment Committee, Florida Tech
Alan Prestwood, Wells Fargo Advisors (Chair)
Brian Crane, Crane Investments, Raymond James
Steve Freeman, Morgan Stanley
Dr. John Nicklow, Florida Tech (ex officio)
Robert Phebus, Ret. CFO Ford Motor Co. S. Africa
Travis Proctor, Board of Trustees Chair, CEO, Artemis IT, (ex officio)
Michael Scafati, Wells Fargo
Scott Pinkerton, Barron's Advisors (non Board)
Kathleen McDermott Florida Tech (ex officio)
Examples of CIR actions during the previous three years:
- The list of items that the Investment Committee considers when questioning and selecting a manager includes social issues.
- In 2023, “social responsibility” managers included SCS and Atlanta Capital.
Website URL where information about the institution’s committee on investor responsibility is available:
Additional documentation to support the submission:
Data source(s) and notes about the submission:
Information from 2023 and 2022. Sources: Florida Tech Advancement Office, Investment Comm. membership, and university website.
Information from 2023 and 2022. Sources: Florida Tech Advancement Office, Investment Comm. membership, and university website.
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.