SMS NEWS

Browse By

Position Available at New School’s Advisory Committee on Investor Responsibility (ACIR)

Position available at New School’s Advisory Committee on Investor Responsibility (ACIR):

The Advisory Committee on Investor Responsibility (ACIR) was created in late 2009 against a background of increasing interest in environmental, social, and corporate governance investing among constituencies at The New School. The Committee focuses on ESG (Environmental, Social and Governance) issues which includes but is not limited to human rights, labor standards, environmental sustainability, equity, diversity, and discrimination. The ACIR consists of two trustees, two faculty members, two students, and two staff members, and presents recommendations on investment decisions to the Board of Trustees’ Investment Committee.

In order to briefly explain the types of tasks that ACIR has recently been involved in, it should be mentioned that in the face of the Climate Change Campaign in 2013, the ACIR engaged in an extensive research on how the university could claim a leading initiative by reviewing its investment portfolio, produced a detailed report called “Climate Change Action Plan”. In 2014, The Board of Trustees adopted a Climate Change Policy of fossil fuel divestment combined with investment in environmentally beneficial substitutes. Finally, in 2015-6, The ACIR has supported the creation of a tool which will determine the environmental impact, both positive and negative, of investments across an entire portfolio. The result is a comprehensive, consistent, and innovative tool that we call “NS EMIT”, the New School Emissions Measurement Investment Tool.

Soon there will be two vacant voting seats in the committee, thus, ACIR encourages interested undergraduate or graduate students to apply for these seats. A student representative at ACIR is expected to attend the committee meetings every 5-6 weeks, stay in close contact with the student body through various representational student organizations, achieve a two-sided flow of information between the student body and committee, and vote in all ACIR related procedures on behalf of the student body. The committee discusses financial and investment related questions, votes upon them, and makes recommendations to the Board of Trustees. Interest in finance and investment is thus a requirement, whereas prior knowledge is desired but not strictly required. Being a member of the ACIR will certainly expand your knowledge on financial questions, funding issues, and endowment allocation.

For application and further questions, please contact student research assistants Marjan Fadavi Ardekani (fadam352@newschool.edu) and/or Baki Güney Işıkara (guneyisikara@newschool.edu)

Leave a Reply