| Overall Rating | Gold |
|---|---|
| Overall Score | 67.18 |
| Liaison | Weston Dripps |
| Submission Date | Aug. 19, 2024 |
Amherst College
IL-51: Sustainability Projects Fund
| Status | Score | Responsible Party |
|---|---|---|
|
1.00 / 1.00 |
Weston
Dripps Director of Sustainability Sustainability |
Does the institution have a dedicated fund to support campus sustainability projects that is ongoing and includes a multi-stakeholder decision-making process to determine which projects receive funding?:
Name of the institution’s sustainability projects fund:
Which of the following best describes the primary source of funding for the sustainability projects fund?:
Year the institution’s sustainability projects fund was established:
Narrative and/or website URL providing an overview of the institution’s sustainability projects fund:
https://www.amherst.edu/about/sustainability/reporting-and-operations/green-revolving-fund
In honor of his 35th class reunion, Prince Albert Grimaldi ’81 of Monaco gave $500,000 to Amherst to establish the Prince Albert II Foundation (PA2F) Green Revolving Fund. The fund is used to support environmental initiatives in the College’s operations and facilities.
The overarching purpose of the Green Revolving Fund, or GRF, is to aid the College in reducing greenhouse gas emissions by providing the resources to implement innovative energy conservation measures. Other goals of the GRF include:
- financing projects that reduce energy use and greenhouse gas emissions in College operations and facilities;
- supporting the larger goal of carbon neutrality under the College’s Climate Action Plan through the application of renewable energy, student-led climate solution research and community engagement; and
- enriching the overall educational experience by using campus operations as a living lab for student research and discovery.
Narrative outlining the multi-stakeholder decision-making process used to determine which projects receive funding through the sustainability projects fund:
The college has a climate action committee that reviews projects eligible for the Green Revolving Loan Fund. The fund has recently help fund the purchase of a number of electric vehicles for the campus fleet and assist with the installation of a number of EV charging stations.
Committee Members
Mike Thomas - Chief Financial and Administrative Officer
Ralph Johnson - Executive Director of Campus Operations
Guy Cote - Director of Facilities Operations
Scott Cole - Director of Campus Operations Finance
Alex Houn - Budget Analyst
John Carter - Executive Director of Safety and Chief of Police
Tom Dwyer - Associate Chief Financial Officer
Laurie Bouchard - Assistant Controller
Tom Davies - Executive Director of Planning, Design, and Construction
Wes Dripps - Director of Sustainability
Notes about the information provided for this credit:
Additional documentation for this credit:
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