| Overall Rating | Reporter - expired |
|---|---|
| Overall Score | |
| Liaison | Kira Stoll |
| Submission Date | March 2, 2018 |
| Executive Letter | Download |
University of California, Berkeley
PA-9: Sustainable Investment
| Status | Score | Responsible Party |
|---|---|---|
| -- | Reporter |
Kira
Stoll Director of Sustainability Office of Sustainability |
This credit was marked as Not Pursuing so Reporting Fields will not be displayed.
In 2015, UC Regents launched a framework on Sustainable Investing. The framework integrates risk evaluation on environmental sustainability, social responsibility, and prudent governance factors more systematically into its investment evaluation analysis. As part of this ESG analysis, the UC Regents decided to sell holdings in securities of companies engaged primarily in coal mining and firms focused on oil sands development and production. UC Regents Board of Trustees has not excluded these specific fossil fuel companies in a formal divestment policy. They have been screened based on financial analysis that the risk associated with these investments outweighs any potential financial benefits to our portfolio.
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