Rappers & Social Responsiblity
Social Responsiblity is ...
Social responsibility is an ethical framework which suggests that an entity, be it an organization or individual, has an obligation to act for the benefit of society at large. Social responsibility is a duty every individual has to perform so as to maintain a balance between the economy and the ecosystems.
Duke Revises Approach to Socially Responsible Investing
Greater community engagement and a new option for donors who wish to direct their endowment contributions to social choice funds will be the result of revisions to Duke University's approach to socially responsible investing, announced Saturday by President Richard H. Brodhead.
"These are the most significant changes to our approach to socially responsible investment in almost a decade," Brodhead said. "And the catalyst for this action has been persistent advocacy by our students. I am grateful to the DukeOpen group for raising questions and highlighting issues that have led to improvements in our approach to socially responsible investment."
The centerpiece of the new plan, which was approved by the Board of Trustees this weekend, is the enhancement of the Advisory Committee on Investment Responsibility (ACIR), which was established to provide oversight and advice on social issues related to endowment assets. The ACIR will expand from 10 to 14 members, adding one trustee, one faculty member, one undergraduate student and one graduate or professional student. The new ACIR will then consist of four faculty, four students, four administrators, one alumna/us and one trustee.
The ACIR will be charged with meeting on a regular basis to monitor trends and activities in investment responsibility that relate to DUMAC, the university's investment company. Members of the ACIR will be given access to information about DUMAC's direct holdings and fund managers (after signing non-disclosure agreements) and will advise the president and DUMAC leadership on proxy voting for investments when applicable.
The ACIR will also establish a public website, issue an annual report and hold a public forum to answer questions and gather feedback from the Duke community on issues related to investment responsibility.