Ethical Investment in Higher Education
In 2007, the Dwight Hall organization at Yale University launched the first undergraduate-run socially responsible investment fund in the United States. The Dwight Hall Socially Responsible Investment Fund was initially seeded with $50,000 of the Dwight Hall organization's endowment and is managed by a committee of ten undergraduate Yale College students. The DHSRI fund makes use of traditional methods of socially responsible investing to have a positive environmental and social impact while aiming to outperform standard investment benchmarks and maximize financial return.
The first student managed (undergraduate or graduate) investment fund to employ socially responsible investing was the Arnone-Lerer fund at Villanova University in January 2004 which made its first investments in March 2004. (http://www.students.villanova.edu/smf/fund_performance.htm) The fund has been managed according to the Catholic Bishops' Statement on Socially Responsible Investment. The SMF program at Villanova currently includes 170 students managing five different investment funds and offers four academic courses (12 credits) per year.
Read more about this topic: Socially Responsible Investing
Famous quotes containing the words higher education, ethical, investment, higher and/or education:
“... the majority of colored men do not yet think it worth while that women aspire to higher education.... The three R’s, a little music and a good deal of dancing, a first rate dress-maker and a bottle of magnolia balm, are quite enough generally to render charming any woman possessed of tact and the capacity for worshipping masculinity.”
—Anna Julia Cooper (1859–1964)
“There are two kinds of liberalism. A liberalism which is always, subterraneously authoritative and paternalistic, on the side of one’s good conscience. And then there is a liberalism which is more ethical than political; one would have to find another name for this. Something like a profound suspension of judgment.”
—Roland Barthes (1915–1980)
“There is something fascinating about science. One gets such wholesale returns of conjecture out of such a trifling investment of fact.”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)
“The white man regards the universe as a gigantic machine hurtling through time and space to its final destruction: individuals in it are but tiny organisms with private lives that lead to private deaths: personal power, success and fame are the absolute measures of values, the things to live for. This outlook on life divides the universe into a host of individual little entities which cannot help being in constant conflict thereby hastening the approach of the hour of their final destruction.”
—Policy statement, 1944, of the Youth League of the African National Congress. pt. 2, ch. 4, Fatima Meer, Higher than Hope (1988)
“As for the graces of expression, a great thought is never found in a mean dress; but ... the nine Muses and the three Graces will have conspired to clothe it in fit phrase. Its education has always been liberal, and its implied wit can endow a college.”
—Henry David Thoreau (1817–1862)