Overall Rating Silver - expired
Overall Score 61.88
Liaison Lindsey Kalkbrenner
Submission Date Jan. 31, 2011
Executive Letter Download

STARS v1.0

Santa Clara University
Tier2-2: Socially Responsible Investment Policy

Status Score Responsible Party
Complete 0.25 / 0.25 John Kerrigan
Chief Investment Officer
Administration and Finance
"---" indicates that no data was submitted for this field

Does the institution have a policy or directive to consider the social and/or environmental impacts of investment decisions, in addition to financial considerations?:
Yes

A brief description of the socially responsible investment policy:

General guiding principles for investing: avoid companies whose primary products are directly destructive of human life (e.g. abortion, euthanasia); avoid companies involved with governments involved in gross human rights abuses; avoid companies which consistently practice racial, ethnic, religious or gender discrimination; avoid companies whose primary business is nuclear weapons research, production, deployment and servicing; avoid companies who have been repeatedly cited for gross ecological violations.

Guided by the values associated with its mission, Santa Clara University invests its resources in institutions that are, at one and the same time, consistent with the "prudent person" principle, capable of generating a rate of return consistent with the University's Investment Policies statement, and socially responsible in their policies and practices. Socially responsible investments should positively contribute to the common good and be guided by the traditional Catholic ethical considerations. Balancing the consistent-life ethical principles and the "prudent person" principle will require judgment on the part of the Investment Office, the Investment Committee and each money manager. There are a variety of guiding principles (e.g. sacredness of life, human rights, non discrimination, no nuclear weapons, and environmental criteria).

Investment Office staff also coordinate with the Fund's custodian bank to screen the overall portfolio to identify securities that may not be consistent with these guidelines.


The website URL where information about the policy 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.