| Overall Rating | Gold - expired |
|---|---|
| Overall Score | 66.69 |
| Liaison | Margaret Lo |
| Submission Date | Dec. 16, 2015 |
| Executive Letter | Download |
Ball State University
PA-14: Sustainable Investment
| Status | Score | Responsible Party |
|---|---|---|
|
1.78 / 4.00 |
Tom
Heck CIO Ball State University Foundation |
"---"
indicates that no data was submitted for this field
None
Total value of the investment pool:
209,250,642
US/Canadian $
None
Value of holdings in each of the following categories::
| Value of Holdings | |
| Sustainable industries (e.g. renewable energy or sustainable forestry) | 0 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) | 24,524,175.24 US/Canadian $ |
| Green revolving loan funds that are funded from the endowment | --- |
None
A brief description of the companies, funds, and/or institutions referenced above:
The foundation has adopted a Statement of Investment Principles and has communicated it to the OCIO, which encourages them to use Environmental, Social and Governance criteria in pursuing the foundation's investment objective.
The OCIO provided an analysis of the foundation's portfolio as of 4/30/2015 using the Dow Jones Sustainability Index as a guide for publicly-traded equities and fixed income, and using specifically dedicated positions in sustainable investments in the private investment portfolio as the criteria for measuring the exposure of the portfolio to sustainable investments.
None
Does the institution have a publicly available sustainable investment policy?:
Yes
None
A copy of the sustainable investment policy:
---
None
The sustainable investment policy:
http://cms.bsu.edu/giving/bsufoundation/about/statement-of-investment-principles
The policy can be found on the above web page.
None
Does the institution use its sustainable investment policy to select and guide investment managers?:
Yes
None
A brief description of how the policy is applied, including recent examples:
The foundation has adopted a Statement of Investment Principles and has communicated it to the OCIO, which encourages them to use Environmental, Social and Governance criteria in pursuing the foundation's investment objective.
The OCIO provided an analysis of the foundation's portfolio as of 4/30/2015 using the Dow Jones Sustainability Index as a guide for publicly-traded equities and fixed income, and using specifically dedicated positions in sustainable investments in the private investment portfolio as the criteria for measuring the exposure of the portfolio to sustainable investments.
None
Does the institution's sustainable investment policy include negative screens?:
No
None
A brief description of the negative screens and how they have been implemented:
---
None
Approximate percentage of the endowment that the negative screens apply to:
---
None
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?:
No
None
A copy of the proxy voting guidelines or proxy record:
---
None
A brief description of how managers are adhering to proxy voting guidelines:
---
None
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?:
No
None
Examples of how the institution has engaged with corporations in its portfolio about sustainability issues during the previous three years:
The policy can be found at:
http://cms.bsu.edu/giving/bsufoundation/about/statement-of-investment-principles
None
Does the institution engage in policy advocacy by participating in investor networks and/or engaging in inter-organizational collaborations to share best practices?:
Yes
None
A brief description of the investor networks and/or collaborations:
Now participating in The Intentional Design Endowment Network.
None
The website URL where information about the institution's sustainable investment efforts is available:
Data source(s) and notes about the submission:
The Foundation is currently implementing a sustainability/green fund for donor contributions; this will be available for receipt of gifts during the 2015 calendar year-end gift cycle.
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.