| Overall Rating | Gold - expired |
|---|---|
| Overall Score | 68.35 |
| Liaison | Alexis Reyes |
| Submission Date | Oct. 29, 2015 |
| Executive Letter | Download |
Pomona College
PA-14: Sustainable Investment
| Status | Score | Responsible Party |
|---|---|---|
|
1.69 / 4.00 |
Dave
Wallace Senior Investments Analyst Business Office |
Total value of the investment pool:
Value of holdings in each of the following categories::
| Value of Holdings | |
| Sustainable industries (e.g. renewable energy or sustainable forestry) | 7,856,836 US/Canadian $ |
| Businesses selected for exemplary sustainability performance (e.g. using criteria specified in a sustainable investment policy) | 0 US/Canadian $ |
| Sustainability investment funds (e.g. a renewable energy or impact investment fund) | 0 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 loan funds that are funded from the endowment | --- |
A brief description of the companies, funds, and/or institutions referenced above:
Does the institution have a publicly available sustainable investment policy?:
A copy of the sustainable investment policy:
The sustainable investment policy:
The Pomona College Policy on Social Responsibility recognizes the importance of 1) keeping informed in issues of social responsibility which may be raised in relation to corporations held in the College's portfolio, and 2) supporting rationally designed and constructively motivated efforts to encourage the social responsiveness of corporate managements, and 3) exercising the rights of ownership in both voting shares and communicating with the officers of portfolio companies. The policy instructs the President to continue consulting the committee on Social Responsibility in matters of social responsibility and voting shares of stock and reaffirms that the Trustees may direct the investment managers of the College to dispose of or not make and investment in a company engaging in illegal or immoral conduct.
Does the institution use its sustainable investment policy to select and guide investment managers?:
A brief description of how the policy is applied, including recent examples:
The use of negative screens below.
Does the institution's sustainable investment policy include negative screens?:
A brief description of the negative screens and how they have been implemented:
Managers are not allowed to invest in companies that generate more than 25% of their revenues from Tobacco.
Approximate percentage of the endowment that the negative screens apply to:
Has the institution engaged in proxy voting, either by its CIR or other committee or through the use of guidelines, to promote sustainability during the previous three years?:
A copy of the proxy voting guidelines or proxy record:
A brief description of how managers are adhering to proxy voting guidelines:
The Committee on Social Responsibility makes voting proxy recommendations to the President who then casts votes based on the recommendations.
Has the institution filed or co-filed one or more shareholder resolutions that address sustainability or submitted one or more letters about social or environmental responsibility to a company in which it holds investments during the previous three years?:
Examples of how the institution has engaged with corporations in its portfolio about sustainability issues during the previous three years:
Does the institution engage in policy advocacy by participating in investor networks and/or engaging in inter-organizational collaborations to share best practices?:
A brief description of the investor networks and/or collaborations:
College and University Consortium on Investor Responsibility
The website URL where information about the institution's sustainable investment efforts 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.