Responsible investment allows institutions like colleges and universities to ensure that their investments are aligned with their values. Given that many schools have made commitments to diversity, the environment, their workers and local communities, it logically follows that they would want these commitments reflected in their investment policies. The status quo: blindly investing in companies that destroy the environment, mistreat their workers, build private prisons, or discriminate against employees is unacceptable—and luckily, responsible investment provides a way for schools to continue to earn the money they need, without sacrificing campus values in the process.
Colleges and universities have many opportunities to align their investments with their mission statements. These include:
Responsible investment benefits everyone: schools continue to make the financial returns needed to fund quality education, alumni feel good that their donations are being managed in line with their values, and students know their education has not been funded on anyone else’s back. Given the tremendous power of money, and the fact that over $400 billion is managed by colleges and universities, responsible investment is one of the highest-impact ways schools can support society—and its relatively easy to implement.
This is commonly known as Socially Responsible Investing. The third is to use your institutions’ shareholder rights to vote on proxy and acquisition votes at shareholder meetings. For example, this May, Chevron shareholders will vote yes or no on Chevron’s acquisition of Atlas Energy, one of the biggest frackers in Pennsylvania. That’s a perfect opportunity for you to vote NO.
Responsible Endowment Coalition - for students641 Avenue of the Americas, Suite 300New York, NY 10011Email: Info@endowmentethics.orgPhone: 215.564.2201
Interfaith Center on Corporate Responsibility - for faith-based organizationsSuite 1842475 Riverside DriveNew York, NY 10115phone: 212-870-2295fax: 212-870-2023e-mail: email@example.com
Social Investment Forum - for Socially Responsible Investing information910 17th St NW Suite 1000,Washington, DC 20006