This report shows public data only. Is this your organisation? If so, login here to view your full report.

Harvard University Endowment

PRI reporting framework 2016

Export Public Responses
Pdf-img

You are in Direct - Listed Equity Active Ownership » Engagement » Process

Process

Process for engagements run internally

LEA 03. Process for identifying and prioritising engagement activities

03.1. Indicate whether your organisation has a formal process for identifying and prioritising engagement activities carried out by internal staff.

03.2. Describe the criteria used to identify and prioritise engagement activities carried out by internal staff.

03.3. Additional information. [Optional]

We prioritize engagement based on ESG risks that are likely to have a direct impact on business operations and shareholder value, influence risk management oversight and disclosure practices, and ultimately impact the value of our holdings.  For example, HMC engages with non-renewable energy companies in its listed equity portfolio.  The purpose of this engagement is to inform these companies of Harvard's perspective about the risks of climate change and request that these companies incorporate standards set by SASB into public filings and management practices.


LEA 04. Objectives for engagement activities

04.1. Indicate if you define specific objectives for your engagement activities.

04.2. Indicate if you monitor the actions that companies take following your engagements.

04.3. Indicate whether your organisation defines milestones and goals for engagement activities carried out by internal staff.

04.4. Indicate if you do any of the following to monitor and evaluate the progress of your engagement activities.

04.5. Additional information. [Optional]


Process for engagements conducted via collaborations

LEA 05. Process for identifying and prioritising collaborative engagement

05.1. Indicate whether your organisation has a formal process for identifying and prioritising collaborative engagements

05.2. Describe the criteria used to identify and prioritise collaborative engagements

05.3. Additional information [Optional]


LEA 06. Objectives for engagement activities

06.1. Indicate if the collaborative engagements in which you are involved have defined objectives.

06.2. Indicate if you monitor the actions companies take following your collaborative engagements.

06.3. Indicate whether your organisation defines milestones and goals related to engagement activities carried out via collaborations.

06.4. Indicate if you do any of the following to monitor and evaluate the progress of your engagement activities.

06.5. Additional information. [Optional]

HMC has begun to undertake other efforts to assess the performance of companies and whether their performance changes due to HMC's engagement efforts.  HMC joined the PRI Investor Working Group on Corporate Climate Change Lobbying in spring 2015.  This initiative seeks to prompt companies to take action on climate change, including through lobbying actions that are consistent with the goal of preventing climate change.  Working with other companies in the initiative, HMC developed an evaluative framework that it will use to assess companies.  HMC will start to implement this evaluative framework and other activities related to the initiative in the next reporting year.  Background on the initiative is available at the following websites:  http://investorsonclimatechange.org/portfolio/pri-investor-working-group-corporate-climate-lobbying/ and http://www.unpri.org/whatsnew/investors-call-for-improvements-in-company-lobbying-on-climate-change/.  The objectives of the group can be found here: http://www.unpri.org/wp-content/uploads/Investor-Expectations-on-Corporate-Climate-Lobbying_en-GB.pdf.cently.

 


General processes for all three groups of engagers

LEA 09. Share insights from engagements with internal/external managers (Private)


LEA 10. Tracking number of engagements

10.1. Indicate if you track the number of engagements your organisation participates in.

Type of engagement
Tracking engagements

Individual / Internal staff engagements

Collaborative engagements

10.2. Additional information. [OPTIONAL]


Top