| Overall Rating | Gold |
|---|---|
| Overall Score | 78.11 |
| Liaison | Kristin Larson |
| Submission Date | Oct. 23, 2023 |
San Diego State University
PA-9: Committee on Investor Responsibility
| Status | Score | Responsible Party |
|---|---|---|
|
2.00 / 2.00 |
David
Fuhriman Chief Financial Officer The Campanile Foundation |
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:
It is a core value of the Foundation to invest the Foundation’s assets in a socially responsible way. As such, the Board of Directors will continually strive to strike an appropriate balance between its social responsibility and its fiduciary duty to create financial returns that will help fund the University. The Board of Directors also recognizes that, in many cases, their ability to directly enforce customized investment guidelines may be limited. The Foundation invests mainly in commingled vehicles such as mutual funds, which limit the ability of any individual investor to enforce customized investment parameters. The Foundation will direct its Investment Advisor and investment managers to invest in businesses that are as consistent as possible with its social values, while balancing the financial return to the Foundation, advancing its long-term interests, and supporting the University’s mission.
The Foundation expects the market to mature and for investment opportunities to generate specific quantifiable ESG impacts, such as energy transition, resiliency from physical climate risk, and divestment from investments in the Carbon Underground 200.
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:
The CIR equivalent body is the board of directors of the Campanile Foundation. The board is mandated by its bylaws to include community members, and representatives from alumni, students, faculty, and non-academic staff.
The board holds the authority to dictate investor responsibility through the Investment Policy.
Examples of CIR actions during the previous three years:
The board has approved the Finance & Investment Committee's charter and made changes to the Investment Policy on two occasions in the previous three years.
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:
- This information comes from David Fuhriman, CFO of the Campanile Foundation.
- This information comes from David Fuhriman, CFO of the Campanile Foundation.
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