Wellesley College strives to be a responsible investor.
The Wellesley College Board of Trustees is responsible for the investment of the College's Endowment. In the discharge of its fiduciary duty, the Board is mindful of the role that endowment returns play in the College's accomplishment of its own socially significant mission. The Board is committed to investing in a manner consistent with the College's mission, ethics and principles. To that end, the College invests only with managers who meet high ethical, investment, operational and performance standards. In addition, considerable resources are devoted by the College to responsible proxy voting. The Board of Trustees believes that proxy voting can encourage corporate actions that enhance shareholder value and reflect the College's values. The Subcommittee on Investment Responsibility (SIR), comprised of trustees, students, faculty and staff, sets the College's proxy voting policy and votes any proposals that are not covered by the policy.
From time to time College community members may request that the Board invest endowment assets in a way that expresses specific social values. The Subcommittee on Investment Responsibility is charged with evaluating such requests and may decide to recommend action to the Investment Committee. The Subcommittee also may make recommendations in response to issues that arise in Subcommittee discussions. The Investment Committee will consider each Subcommittee recommendation and may ask for further analysis before deciding whether to make a further recommendation on the subject to the Board of Trustees. The SIR's policy regarding such requests can be found here: 2015.06.30 SIR Policy Statement, Final.docx.