Overall Rating Bronze - expired
Overall Score 40.43
Liaison David Pianko
Submission Date Feb. 11, 2014
Executive Letter Download

STARS v1.2

Yeshiva University
PAE-T2-6: Socially Responsible Retirement Plan

Status Score Responsible Party
Complete 0.25 / 0.25 Yvonne Ramirez
Chief Human Resources Officer
Human Resources
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Does the institution offer a socially responsible investment option for retirement plans?:
Yes

A brief description of the socially responsible investment option for retirement plans:

The Retirement Plan Investment Consultants, Cammack LaRhette Advisors, were asked to research Socially Responsible Funds and to present their findings at the February 27th, 2013 Retirement Plan Committee meeting, After review of 5 recommended funds in this category, the Committee approved the addition of Parnassus Equity Income Fund as a new fund to the investment lineup. Effective October 1, 2013, Parnassus Equity Income Fund will be added as a Socially Responsible Fund to the Retirement Income Plan and After Tax Plan. The fund invests in undervalued equity securities of large companies that take into account environmental, social and governance factors into its investment decision making. As of November 30, 2013, 136 participants invested over $2.6M of their retirement account into this fund.


The website URL where information about the program, policy, or practice is available:
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Data source(s) and notes about the submission:
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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.