Overall Rating Platinum
Overall Score 91.10
Liaison Alex Davis
Submission Date Feb. 28, 2023

STARS v2.2

Arizona State University
PA-9: Committee on Investor Responsibility

Status Score Responsible Party
Complete 2.00 / 2.00 Alex Davis
Asst. Director
University Sustainability Practices
"---" indicates that no data was submitted for this field

Does the institution have a formally established and active committee on investor responsibility (CIR) or equivalent body?:
Yes

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:
ASU Enterprise Partners (parent company of the ASU Foundation) created a Sub-Committee of the Investment Committee specifically to address the issues of sustainability and social responsibility as it relates to the Foundation's Investments. This SRI Council provides insight, support, guidance, and knowledge toward the goal and objectives of prudent alignment of the Foundation’s investment strategies with the mission of ASU. Sustainable, responsible, and impact (SRI) investing can advance globally-recognized sustainability goals while still accomplishing our financial objectives in support of the University.

Specifically, the Advisory Council provides recommendations on the sustainability strategy and priorities, accountability for progress on a Net Zero roadmap and JEDI goals as well as elevating related topics in academia, business, and politics.

Does the CIR include academic staff representation?:
Yes

Does the CIR include non-academic staff representation?:
Yes

Does the CIR include student representation?:
Yes

Members of the CIR, including affiliations and role:
The SRI Council includes the Investment Committee Chair, Investment Committee Vice-Chair, ASU faculty from the WP Carey School of Business and Julie Ann Wrigley School of Sustainability, an ASU student, internal staff, and other representatives from the ASU community as needed.

Members as of December 2022:
Anjali Chopra (ASU student)
Dr. Laura Lindsey (ASU WP Carey faculty)
Dr. George Basile (ASU School of Sustainability faculty)
Dr. Morgan Olsen (ASU CFO and Investment Committee Vice Chair)
Keith Wirtz (Independent ASUF Board member and Investment Committee Chair)
Jeff Mindlin (ASU EP Chief Investment Officer)

None
Examples of CIR actions during the previous three years:
(1) Implemented ASU's Net Zero Statement
(https://www.asufoundation.org/on/demandware.static/-/Library-Sites-RefArchSharedLibrary/default/dw6a6fdb6c/pdfs/NetZeroStatement_May2021.pdf)

(2) Published the Foundation’s first Sustainability and Impact Report on the Endowment
(https://www.asufoundation.org/on/demandware.static/-/Library-Sites-RefArchSharedLibrary/default/dwbd259420/pdfs/2021-ASUFoundation-SRI-investing-sm.pdf)

(3) Advocated and assisted in the creation of an ESG SIM Fund course

(4) Creation of proxy voting policy and execution of engagement strategy

(5) Integration of additional ESG options within the retirement plan

Optional Fields 

Website URL where information about the institution’s committee on investor responsibility is available:
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Additional documentation to support the submission:
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Data source(s) and notes about the submission:
Jeff Mindlin
Chief Investment Officer, ASU Enterprise Partners
https://www.asuenterprisepartners.org/jeffrey-mindlin/

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