University of Vermont

Board of Trustees

Socially Responsible Investing Work Group

Socially Responsible Investing Work Group

    Resolution Authorizing the Establishment of a Socially Responsible Investing Advisory Council

    WHEREAS, the Board on September 5, 2008, established the Socially Responsible Investing Work Group, whose charge was to consider specific investment policy proposals based on moral, ethical or social criteria, review the impact of any such proposal on current and potential University investments, solicit input on policy proposals from the campus community at large and forward its investment policy recommendations to the Investment Subcommittee which in turn shall report its recommendations to the Budget, Finance and Investment Committee; and

    WHEREAS, the Investment Subcommittee subsequently instructed the administration to research how socially responsible investing recommendations are developed at other universities, as well as proxy voting practices, shareholder initiatives, and the screening and monitoring of existing investment portfolio for indications of social harm; and

    WHEREAS, this research was completed and  the Socially Responsible Investing Work Group (“Work Group”) made formal recommendations on May 2, 2012, specifically, that the Work Group be dissolved and a Socially Responsible Investing Advisory Council be established to support the Vice President for Finance and Administration in fulfilling his/her responsibilities as liaison to the Investment Subcommittee; and

    WHEREAS, the Budget, Finance and Investment Committee, following a favorable recommendation from the Investment Subcommittee, recommended that the Board accept the Work Group recommendations;

    THEREFORE, BE IT RESOLVED, that the Board hereby dissolves the Work Group and authorizes the creation of the Socially Responsible Investing Advisory Council (“Council”) to be advisory to the Vice President for Finance and Administration, the Council charge to include assessment of investment issues involving ethical, moral, and socially responsible criteria using Our Common Ground, with a focus on proxy voting and shareholder advocacy.

     

    Resolution Establishing a Standing Socially Responsible Investing Work Group September 5, 2008

    Current/Previous Meetings

    May 2, 2012
    Agenda

    April 17, 2012
    Agenda

    March 29, 2012
    Agenda

    March 16, 2012
    Agenda

    January 24, 2012
    Agenda

    May 16, 2011
    Agenda

    April 13, 2011
    Agenda

    March 24, 2011
    Agenda

    March 17, 2011
    Agenda

    March 2, 2011
    Agenda

    February 17, 2011
    Agenda

    December 2, 2010
    Agenda

    November 4, 2010
    Agenda

    October 14, 2010
    Agenda

    September 30, 2010
    Agenda

    April 23, 2010
    Agenda

    April 1, 2010
    Agenda

    February 19, 2010
    Agenda

    December 4, 2009
    Agenda

    October 8, 2009
    Agenda

    May 6, 2009
    Agenda

    April 2, 2009
    Agenda

    March 5, 2009
    Agenda

    February 12, 2009
    Agenda

    January 29, 2009
    Agenda

    Last modified November 19 2012 12:20 PM