Responsibility

UVIMCO is dedicated to investor responsibility as an organization and investors. Responsible investing is incorporated into UVIMCO’s investment strategy by our leadership team and staff. We consider all risks that could impact the performance of UVIMCO’s portfolio, including environmental, social, and governance risks. UVIMCO promotes ESG integration across its portfolio and with its investment managers and is committed to aligning with a net-zero future by 2050.

Approach to Responsible Investing 

In March 2022, UVIMCO announced its Investor Responsibility Framework that was developed by the Advisory Committee on Investor Responsibility, a group of UVIMCO representatives and UVA students, faculty, staff, and alumni tasked with advising UVIMCO on incorporating environmental, social, and governance factors into its investment decisions. The framework will serve as a guide for UVIMCO’s approach to responsible investing and is grounded in the following core initiatives:

  • ESG Integration

    UVIMCO is dedicated to incorporating environmental, social, and governance best practices into its investment decisions while maintaining strong long-term returns for the University of Virginia and associated organizations.

  • Net-Zero by 2050

    UVIMCO is committed to transitioning the University’s endowment and other investments in the portfolio to net-zero by 2050.

  • Climate Solutions

    UVIMCO will invest in climate solutions that reduce GHG emissions in the real world. In 2021, UVIMCO committed $150 million to managers dedicated to investing in markets, technologies, and services that support the transition to a net-zero economy and will continue to actively seek investment opportunities in climate solutions to support the reduction of global emissions.

  • Manager Engagement

    UVIMCO is engaging with its managers around ESG issues, including emissions reduction and net-zero efforts. Directly engaging with external managers, participating in established sustainability initiatives, and investing in activist managers, is the most direct way to have an impact.

Investor Responsibility Report

UVIMCO’s inaugural annual Investor Responsibility Report 2022 details our priorities and progress in advancing investor responsibility efforts across our portfolio.

Advisory Committee on Investor Responsibility

The Advisory Committee on Investor Responsibility (ACIR) serves as a channel to address student, faculty, and alumni concerns and advise UVIMCO’s leadership on appropriate action regarding ESG investment issues and activities.  The ACIR is comprised of seven committee members who are representative of the University community and understand its core values.

ACIR Student Representative Application

Applications are now being accepted for the student member of the Advisory Committee on Investor Responsibility (ACIR). The ACIR was established in June 2021 and serves as a channel between UVA and UVIMCO on investor responsibility issues.  The ACIR is made up of representatives from UVA’s leadership, faculty, students, and alumni and UVIMCO leadership.  We rely on the student representative to assess and communicate the broad universe of students’ views on investor responsibility issues and serve as a soundboard for decisions by UVIMCO’s leadership.

If interested in applying to be the student representative on the ACIR, please fill out this application and submit to acir@uvimco.org by February 15th.

Finalists will be interviewed by UVIMCO, and the new student representative will be selected and announced in March. The student representative will start on April 1st with a one-year term and may serve for two consecutive years if re-selected by the committee. ACIR members are expected to attend approximately three virtual hour-long meetings throughout the calendar year.

To learn more about UVIMCO’s investor responsibility efforts, please contact us.

Partners 

UVIMCO has joined multiple sustainability initiatives to help guide its current approach and increase its collaboration with peers and subject matter experts.