Information Requests and Proposal Submissions

University Direct Holdings

To support dialogue regarding investment policy and shareholder initiatives, the University makes available a list of direct holdings of publicly traded securities managed by the University’s Investment Management Company. The review of this list is coordinated by ACSRI administrative support with interested members of the Columbia community. Members of the community with an active CUID may meet in person with ACSRI administrative support to review a list of holdings. This list is not for broad distribution. Please email [email protected] to make arrangements for review.

Proposal Submissions

The Advisory Committee on Socially Responsible Investing (ACSRI) is a voluntary committee comprised of twelve voting members drawn in equal proportion from students, faculty, and alumni of the University, to ensure that the Committee is broadly representative of the university community. Two University officers sit as non-voting members in addition to the twelve voting members.

The ACSRI is also made of up subcommittees that can change from year to year based on topics relevant to its work.

There are two key advisory roles which the ACSRI performs, in accordance with its charter:

  1. to recommend a vote on shareholder proxies for directly held publicly traded equities; and,
  2. to consider options for shareholder engagement or divestment when issues in the realm of social responsibility prompt questions or concerns from members of the Columbia community with regard to the University's holdings.
     

There are three basic tests or criteria that must be met before divestment can be recommended. These include:

  1. There must be broad consensus within the University community regarding the issue at hand;
  2. The merits of the dispute must lie clearly on one side;
  3. Divestment must be more viable and appropriate than ongoing communication and engagement with company management.
     

To best facilitate the proposal review process, the ACSRI created guidelines and a general schedule. During the 2025 – 2026 academic year, a Proposal Submission Review Guidelines subcommittee was established and tasked with updating the guidelines to address questions the ACSRI has received regarding the review process. The ACSRI approved the Subcommittee’s recommendations at the conclusion of the academic year.  

Please read carefully and follow the steps below:

The ACSRI will consider proposals authored and submitted by the following constituents and groups from the Columbia University community - full-time students, full-time faculty, and alumni, excluding affiliate schools with separate endowments (Barnard College, Union Theological Seminary, Jewish Theological Seminary, and Teachers College). 

Formal proposals should be written in double-spaced, 12 point font. Maximum of 20 Pages for all materials. Below are the general guidelines your submission should follow:

  1. Overview (included in PDF format)
  2. State which criteria the proposal is using to make the case (1 paragraph)
  3. Provide all the critical data with footnotes for any arguments in your proposal
  4. Provide research on the possible opposite argument against your conclusions
  5. Conclusion - provide bullet points for the final recommendations to the ACSRI citing the criteria for each one

Lastly, email the proposal to the ACSRI Chair and Staff Administrator, Tristan Tafolla ([email protected])

Proposals that are deemed similar to concurrent or recently submitted proposals may receive an aggregated or abbreviated response. 

Proposals will be considered on the following tentative schedule:

  • December 1:  Proposals due
     
  • December 1 - March 1:  Subcommittees meet, conduct research, discuss and prepare a decision or recommendation. ACSRI may request further information or an in-person presentation at an ACSRI meeting.
     
  • March 1 - April 1:  Full ACSRI discusses and votes on proposal decision or recommendation
     
  • April 15:  If approved, ACSRI sends recommendation to the University Trustees
     

Please note:  These dates are general guidelines. The ACSRI makes the best efforts to adhere to this schedule but reserves the right to take longer if the proposal requires additional time for review. If the proposal does not meet the above guidelines, the process will be delayed.