The Socially Responsible Investing Task Force (SRITF) was created by the Board of Trustees and the President to provide a framework for consideration of environmental, social, and governance issues (broadly known as ESG) that arise in the management of the investments in the University’s long-term investment pool.
The SRITF will make non-binding recommendations to the Investment Committee of the Board of Trustees for their approval.
Socially Responsible Investing Task Force
Board Representation
Leo Festino, Chair, Investment Committee, Board of Trustees
Sister Carolyn Osiek, RSCJ, ThD
Alumni Representation
Mika Malone, Managing Principal, Consultant, Meketa Investment Group, Inc.
USD Faculty/Staff Representation
Biljana Adebambo, PhD, Associate Professor of Finance and Masters of Finance Faculty Director
Michel Boudrias, Asssociate Professor, Environmental and Ocean Sciences
Kevin Guerrieri, PhD, Chair of University Senate, Professor, Dept. of Languages, Cutures and Literatures, Faculty Liaison, Mulvaney Center for Community, Awareness and Social Action
Tim Keane, PhD, Dean
Mark Peters, Director for Mission
Katy Roig, Vice President for Finance & CFO
Student Representation
Rachel Sarner, EOSC Grad student
Joey Abeyta, ASG President
Cambridge Associates
Lindsay Van Voorhis
Alex Readey
Ijeh Ogbechie
USD Supporting Subject Matter Experts
Steven Heath, Director, Treasury & Financial Systems
Trey McDonald, Director of Sustainability
This landmark decision by the University of San Diego Board of Trustees aligns the investment of the endowment assets with the University’s vision to set the standard for an engaged, contemporary Catholic university where innovative Changemakers confront humanity’s urgent challenges. While the university has proactively taken steps to avoid new investments in fossil fuels for many years now, officially approving these policy changes is a significant expression of the alignment of the values of our institution and demonstrates clearly our commitment to our planet.
The Socially Responsible Investing Task Force carefully considered the concerns of USD’s community members along with the ethical and fiduciary responsibilities of the Investment Committee and the Board. Ultimately, working together allowed us to reach a set of unanimous recommendations that each stakeholder group was proud to support.