Written by Tim Johnson, Burlington Free Press. A new advisory council at the University of Vermont invited anyone on campus to voice recommendations on “socially responsible” management of the university’s endowment, and reserved two hours for that purpose in a cavernous ballroom at the Davis Center.
Socially Responsible Investment
In November, the UVM Board of Trustees adopted an important resolution, two years in the making, with little fanfare. The Socially Responsible Investing Work Group, which reported to the Investment Subcommittee of the board, was dissolved. Taking its place was the Socially Responsible Investing Advisory Council, reporting to Vice President for Finance and Administration Richard Cate.