Tony Cortese Principal, Intentional Endowments Network Georges Dyer Principal, Intentional Endowments Network Barbara Simonetti Conversation Architect and Facilitator IEN this Forum Intentional Endowments Network IEN Steering Committee
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01
Tony Cortese
Principal, Intentional Endowments Network
Georges Dyer
Principal, Intentional Endowments Network
Barbara Simonetti
Conversation Architect and Facilitator IEN & this Forum<br>
02
Intentional Endowments Network<br>
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IEN Steering Committee Geeta Aiyer, CFA, President and Founder, Boston Common Asset Management; Board of Directors, Sierra Club Foundation
Garrett P. Ashley, Vice Chancellor, University Relations and Advancement, The California State University
Joseph Biernat, Trustee, Gettysburg College
Richard Bookbinder, Investment Committee Member, Washington College; and Managing Member, Terra Verde Capital Management
Chris Davis, Director and Chief of Staff of INCR, Ceres
Felicia Davis, Managing Director, Building Green Campuses, Clark Atlanta University
Erica Lasdon, Vice President, Research and Advocacy, Calvert Investments
Alice DonnaSelva, Investment Consultant, Prime Buchholz
David Dinerman, Trustee, Hampshire College
Chris Fowle, Associate Director, Principles for Responsible Investment (PRI)
Bennett Freeman, Independent Sustainable Investment Expert
Susan Gary, Professor, University of Oregon School of Law
Julie Gorte, VP, Pax World Investments
Don Gould, Trustee, Pitzer College
Keith Johnson, Chair, Institutional Investor Services Group, Reinhart Boarner Van Deuren
Sonia Kowal, President, Zevin Asset Management
Thomas Kuh, Executive Director, MSCI
Alex Lamb, Managing Director, Commonwealth Impact Partners; and Trustee, Montserrat College of Art
Elizabeth Lewis, Sustainable Investment Lead, WRI
Robert Litterman, Chair of Risk Committee, Kepos Capital, LP; and Board Chair, Commonfund
Ken Locklin, Managing Director, Impax Asset Management
Maria Lettini, Director, FAIRR Initiative, Jeremy Coller Foundation
Tom Mitchell, Managing Director, Cambridge Associates
Robert Nava, President, San Francisco State University Foundation
Patrick Norton, CFO, Middlebury College
Morgan Olsen, CFO, Arizona State University
Mark Orlowski, Executive Director, Sustainable Endowments Institute
Erika Pagel, Portfolio Manager, Brown Advisory
Jameela Pedicini, Director, Asset Management, Perella Weinberg Partners
Leslie Samuelrich, President, Green Century Capital Management
Steve Schueth, President and Chief Marketing Officer, First Affirmative Financial Network
Cheryl Smith, Managing Partner, Trillium Assets Management
Marcie Smith, Executive Director, Responsible Endowments Coalition
Tim Smith, Senior Vice President, Director of ESG Shareowner Engagement, Walden Asset Management, Boston Trust
Carl Vance, Chief Investment Officer, Lewis & Clark College
Stephen Viederman, Chair, Finance Committee, Christopher Reynolds Foundation
Heidi Welsh, Executive Director, Sustainable Investments Institute www.intentionalendowments.org/steering_comm<br>
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IEN Executive Committee Garrett P. Ashley (Co-Chair), Vice Chancellor, University Relations and Advancement, The California State University
Joseph Biernat, Trustee, Gettysburg College
David Dinerman (Co-Chair), Trustee, Hampshire College
Alice DonnaSelva, Investment Consultant, Prime Buchholz
Lisa Hayles, Institutional Investment Services, Boston Common Asset Management
Keith Johnson, Chair, Institutional Investor Services Group, Reinhart Boerner Van Deuren
Tom Mitchell, Managing Director, Cambridge Associates
Carl Vance, Chief Investment Officer, Lewis & Clark College www.intentionalendowments.org/executive_committee<br>
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IEN Funding Strategy Business Case for ESG Sign-On Initiatives IEN Working Groups Shareholder Engagement Clean Energy Fiduciary Duty<br>
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IEN Working Groups Business Case for ESG
Develop resources to evaluate the business case for ESG integration, designed for audiences of trustees, presidents, CIO's, and CFO's.
Clean Energy
Identify and share strategies for colleges and universities to invest in energy efficiency and renewable energy through campus operations and their endowments.
Fiduciary Duty
Develop and identify resources to clarify for higher education trustees how sustainable investing strategies relate to their fiduciary duties.
Shareholder Engagement
Develop a strategy to share information with endowments on how to effectively use their rights as corporate share owners to engage portfolio companies on governance and sustainability concerns about accountability, transparency, the environment and social justice.
Sign-on Initiatives
Work to engage more endowments in signing on to public investor statements related to sustainability and ESG issues.
Student-Managed Funds
Provide students opportunities to mission-aligned endowment investing learn first-hand.
Educational Programming / Academic
Build bridges between academic work and endowment investing related to ESG to create new learning opportunities. www.intentionalendowments.org/working_groups<br>
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IEN Publications & Webinars www.intentionalendowments.org/webinars www.intentionalendowments.org/intentionally_designed_endowments<br>
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www.intentionalendowments.org/resources Online Resource Center Weekly News Round-Up for the IEN www.intentionalendowments.org/stay_connected<br>
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IEN Forums and Events Hampshire College, Apr. 2014
Arizona State University, Jan. 2015
Mount Holyoke College, Feb. 2015
Alliance for a Sustainable Colorado, May 2015
Portland State University, Nov. 2015
Harvard Management Company and PRI, Apr. 2016
Bloomberg LP & University of Reading, Jun. 2016
San Francisco State University, Aug. 2016
Loyola University Chicago, Nov. 2016
The number of individuals in the Intentional Endowments Network (IEN) database as a result of attending an IEN event, through conversation with the IEN team, or by opting-in on the IEN website.<br>
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Burning Questions Performance: What is the impact on financial performance? How do we measure social impact?
Stakeholder Buy-In: How might we make the case for aligning our values and investments especially within boards?
Strategy: What are effective implementation and investment strategies within values aligned portfolios?
Trends and Best practices: What are other institutions doing?
Shareholder Activism: How might the academic community collaborate on shareholder engagement?
Fiduciary Duty: How might we address the fiduciary question particularly with board members?<br>
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Successful if I… A well-rounded understanding of the risks and challenges of sustainable investing and the range of options available that have both financial performance and impact.
Established channels and connections for continued dialogue about leveraging financial resources to advance values.
A framework for actionable plans and strategies for moving forward
Learned what other institutions have done; policies and processes that have been successfully implemented.<br>
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Overview Agenda Tuesday, November 1st Wednesday, November 2nd<br>
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Ground Rules Engage and Share What You Know
Ask Questions
Conversation Catalysts
Chatham House Rule
Capture Insights in your Personal Journal
Plan to Continue the Conversation<br>
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Dialogue Session: Why are you here? Where are you in the process? Start building relationships and networks
Provide a sense of the spectrum of experience in the room
Highlight issues and themes that can be revisited throughout the day.
Journal Page 7<br>
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“Conversation on the Wall” Where is your institution?<br>
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Cumulative data from Intentionally Designed Endowment events in April ‘14, September ‘14, and January ‘15. Number of
institutions 9 12 22 19 9 8 7 6 Barely on the radar Just getting started Conflict, more heat than light Constructive deliberation Agreement to take action Developing ESG policy ESG policy recently enacted ESG policy with track record Spectrum of Progress<br>
