Duke University

Endowment Value: $8.5 billion (June 2018)

Duke University is a private college, located in Durham, North Carolina. Duke's endowment is managed by the Duke University Management Company (DUMAC). In 2004, the Duke Board of Trustees, recognizing the importance of socially responsible investing, approved a set of SRI guidelines and the establishment of two committees, the President’s Special Committee on Investment Responsibility (PSC) and the Advisory Committee on Investment Responsibility (ACIR), to advise the Board of Trustees on investment related issues and proposals. The Board of Trustees may also instruct DUMAN to exercise shareholder rights to support a policy change of a company that is determined to cause substantial social injury, case as the case was for companies implicated in South African Aparteid. Although the Board of Trustees has yet to approve proposals put forth by student-led divestment organizations, Duke has made considerable commitments and action towards supporting sustainability initiatives across campus and operations, as outlined in its updated Climate Action Plan.

According to a 2016 report, DUMAC relies upon positive and best-in-class screening as well as ESG factor analysis to drive investment decisions. As a result,the endowment portfolio ecompasses several environmental technology and renewable energy companies. In 2013 Duke established its Social Choice Fund as an alternative fund within the endowment for donors interested in SRI and is managed by a third party. 

 

Duke University is a participant or member of the following Initiatives & Commitments: 

  • AASHE STARS: Yes (2015)
  • ACUPCC: Yes, Climate Neutral by 2024
  • Billion Dollar Green Challenge: No
  • CDP: No
  • Committee on Investor Responsibility: Yes, 
  • Divestment Goal: No
  • INCR: No
  • Montreal Carbon Pledge: No
  • Sustainable Investment Fund: Yes
  • Sustainable Investment Policy: Yes, Page 4
  • Principles for Responsible Investment: No

 

Other Sustainable Investing Practices:

 

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