| Overall Rating | Silver - expired |
|---|---|
| Overall Score | 50.80 |
| Liaison | Allie McAllister |
| Submission Date | March 27, 2018 |
| Executive Letter | Download |
Villanova University
PA-9: Sustainable Investment
| Status | Score | Responsible Party |
|---|---|---|
|
0.01 / 4.00 |
Does the institution wish to pursue Option 1 (positive sustainability investment)?:
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) | 684,002 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 | 0 US/Canadian $ |
A brief description of the companies, funds, and/or institutions referenced above:
The University has investments in a few limited partnerships that have holdings in sustainable industries.
Percentage of the institution's investment pool in positive sustainability investments:
Does the institution wish to pursue Option 2 (investor engagement)?:
Does the institution have a publicly available sustainable investment policy?:
A copy of the sustainable investment policy:
The sustainable investment policy:
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:
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 University, through its Committee on Socially Responsible Proxy Voting, votes on proxy ballot issues related to social responsibility, for its separately-managed investment accounts. The Committee, which is comprised of faculty, student, and staff representatives, conducts its activities in accordance with the investment guidelines issued by the Unites States Conference of Catholic Bishops.
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 have a publicly available investment policy with negative screens?:
A brief description of the negative screens and how they have been implemented:
Approximate percentage of the endowment that the negative screens apply to:
Does the institution engage in policy advocacy by participating in investor networks and/or engage in inter-organizational collaborations to share best practices?:
A brief description of the investor networks and/or collaborations:
The website URL where information about the programs or initiatives is available:
Additional documentation to support the submission:
Data source(s) and notes about the submission:
Although Villanova does not have a socially responsible mutual fund, we do have a student group that invests in socially responsible mutual funds with positive screens. Over the past 4 years, total money held in these funds were as follows: FY11 = $470,632, FY12 = $434,643, FY13 = $525,596, FY14- $231,635 (these investments are not apart of Villanova's Endowment). It is also worth noting that Villanova was the first socially responsible student managed fund in the country.
Although Villanova does not have a socially responsible mutual fund, we do have a student group that invests in socially responsible mutual funds with positive screens. Over the past 4 years, total money held in these funds were as follows: FY11 = $470,632, FY12 = $434,643, FY13 = $525,596, FY14- $231,635 (these investments are not apart of Villanova's Endowment). It is also worth noting that Villanova was the first socially responsible student managed fund in the country.
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.