Shareholder Responsibility

The Advisory Committee on Shareholder Responsibility (ACSR) is a non-standing committee comprised of two faculty, two staff, two students, and two alumni. The ACSR provides advice to the Investment Committee of the Board of Trustees on matters relating to the non-financial performance of publicly traded equities in the portfolio. Each year, the ACSR advises on votes regarding shareholder resolutions before the annual general meetings of the public companies the College owns directly. In making recommendations, the ACSR seeks to carry out its responsibilities in a manner consistent with College policies and values. It recognizes the importance of combining strong financial performance with social and environmental commitment.

Periodically, the ACSR has played a role in providing comment on other matters, including recommending investment vehicles for the Williams Social Choice Fund — an alumni giving option that both helps the College fulfill its mission and contributes to positive social and environmental change. Since 2006, the Committee has been responsible for oversight of the College’s commitment to avoid investment in firms doing business in Sudan.

Report on “A Proposal for Divestment” by The Advisory Committee on Shareholder Responsibility (April 2015)

Appendices to ACSR Report



  • Heather Williams, Chair
  • Matt Gibson

Administrative Staff

  • David A. Love
  • Fred Puddester
  • Abigail Wattley ’05 (ex officio)


  • Paul Neely ’68
  • Laurie Thomsen ’79


  • Chase Epstein ’17
  • Thomas Luke Guest ’17