Socially Responsible Investment Policy Working Group
Our College Strategy 2015-2020 describes the Endowment as an enabler to strengthen and diversify our revenues so we can deliver our mission. We have spoken to individuals, staff groups and student representatives about how the Endowment funds are invested to achieve that goal while remaining true to the College mission ‘to achieve enduring excellence in research and education in science, engineering, medicine and business for the benefit of society’.
On Friday 22 November, Council approved a recommendation from the Imperial College Student Union and the President’s Board to set up a Socially Responsible Investment (SRI) Policy Working Group.
It has been tasked with preparing a College SRI Policy for approval at the 14 February 2020 meeting of Council. If approved, Council would then amend the Terms of Reference for the Endowment Board to instruct them to follow the College SRI Policy. Endowment Board would report back to Council annually on its implementation of the SRI Policy.
The SRI Policy Working Group will draw on the expertise and views of the College community, key stakeholders, Endowment Board members and Council, as well as external experts in responsible investment. They will take written evidence, invite specific people to give oral evidence and have informal discussions as appropriate.
The SRI Policy Working Group welcomes submissions from our community. These should be sent to firstname.lastname@example.org by Friday 31 January 2020. The group will also hold meetings in January 2020 to discuss different views in more detail. Participants in these sessions will be invited based on written submissions received.
SRI Policy Working Group information
Professor Ian Walmsley (Chair)
Professor Ian Walmsley is Provost and Chair in Experimental Physics at Imperial College London.
Professor Terry Tetley
Professor Terry Tetley is the elected Staff Representative on Council and Professor of Lung Cell Biology.
Abhijay Sood is the elected President of Imperial College Union and is the Student Representative on Council.
Muir Sanderson is Chief Financial Officer at Imperial College London.
Professor Francisco Veloso
Professor Francisco Veloso is Dean of the Imperial College London Business School.
Terms of reference
The Socially Responsible Investment (SRI) Policy Working Group is established as a sub-committee of President’s Board. Its membership is as follows:
- Imperial College Union President
- Staff representative on Council
- Chief Financial Officer
- Faculty Dean
Its functions are:
- to prepare a College SRI Policy;
- to draw on the expertise and views of the College community, key stakeholders, Endowment Board members and Council, as well as external experts in responsible investment, as they see fit;
- to discuss a proposed College SRI Policy at the 3 February 2020 meeting of the Endowment Board and then to table the College SRI Policy for approval at the 14 February 2020 meeting of Council.
How to send us a submission
The SRI Policy Working Group welcomes submissions from Imperial staff and students. These should be sent to email@example.com by 31 Friday January, 2020.
- Written submissions can come from individuals or groups
- The earlier written submissions are received the more likely they are to be considered for the oral evidence sessions which will take place in mid-January.
These are the key dates for the SRI Policy Working Group.
We will publish minutes from the Working Group meetings as they take place.
Please check back regularly for updates.
Friday 22 November 2019
Council approves the establishment of a SRI Policy Working Group
Thursday 28 November 2019
Tuesday 3 December 2019
First meeting of the SRI Policy Working Group
Tuesday 10 December 2019
Discussion of Socially Responsible Investment at President’s Board
Monday 6 January 2020
Meeting with Annabel Rudebeck, Head of Non-US Credit at Western Asset Management and Member of the Endowment Board.
Tuesday 7 January 2020
Second meeting of the SRI Policy Working Group. External participants in these sessions will be invited based on written submissions received.
Monday 13 January 2020
Meeting with Tom Pike, Vice-President of Imperial UCU, and Ann Muggeridge, Chair in Petroleum Engineering.
Wednesday 15 January 2020
Meeting with Bruce Duguid, Head of Stewardship at Hermes EOS and Marisol Hernandez, Head of Asset Owners at UN Principles of Responsible Investment.
Thursday 16 January 2020
Meeting with Patrick Bolton, Professor of Finance and Economics, Marcin Kacperczyk, Professor of Finance, and Alex Lipp, Divest Imperial.
Wednesday 22 January 2020
Third meeting of the SRI Policy Working Group. External participants in these sessions will be invited based on written submissions received.
Friday 31 January 2020
Deadline for written submissions to be received.
Monday 3 February 2020
Discussion item on Socially Responsible Investment Policy
Monday 10 February 2020
President’s Board to discuss Socially Responsible Investment Policy
Friday 14 February 2020
Council to approve College Socially Responsible Investment Policy