University of Massachusetts

The University of Massachusetts is a public university system in Massachusetts. It has campuses located in Amherst, Boston, Dartmouth, and Lowell, as well as a medical school located in Worcester. The University of Massachusetts Foundation manages the entire UMass system’s endowment of $768 million. The foundation’s mission is to “foster and promote the growth, progress and general welfare of the University of Massachusetts.” 

In December 2014, the University of Massachusetts created the Socially Responsible Investing Advisory Committee. The SRIAC receives complaints or concerns raised by the UMass community regarding social injury resulting from the Foundation’s investments, evaluates them, and makes recommendations to the Foundation. By 2015, the Foundation had begun to formally incorporate ESG criteria into its investment analysis. Part of this process of incorporating ESG criteria included launching a Social Choice Fund.

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

  • IEN Founding Member (2016)
  • AASHE STARS: Yes (Amherst & Lowell Campuses, Gold)
  • ACUPCC: Yes, Amherst, Boston, Dartmouth, Lowell, & Medical 
  • Billion Dollar Green Challenge: No
  • CDP: Yes
  • Committee on Investor Responsibility: Yes
  • Divestment Goal: Yes
  • INCR: No
  • Montreal Carbon Pledge: No
  • Sustainable Investment Fund: No
  • Sustainable Investment Policy: No
  • Principles for Responsible Investment: No

 

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