Overall Rating Silver - expired
Overall Score 47.63
Liaison Dennis Carlberg
Submission Date Dec. 14, 2011
Executive Letter Download

STARS v1.1

Boston University
PAE-18: Positive Sustainability Investments

Status Score Responsible Party
Complete 0.96 / 9.00 Lila Hunnewell
Chief Investment Officer
Boston University Investment Office
"---" indicates that no data was submitted for this field

Total value of the investment pool:
1,113,000,000 US/Canadian $

Value of holdings in sustainable industries, such as renewable energy or sustainable forestry :
0 US/Canadian $

Value of holdings in businesses selected for exemplary sustainability performances:
0 US/Canadian $

Value of holdings in sustainability investment funds, such as a renewable energy investment fund:
28,200,000 US/Canadian $

Value of holdings in community development financial institutions (CDFIs):
7,400,000 US/Canadian $

Value of holdings in socially responsible mutual funds with positive screens:
0 US/Canadian $

A brief description of the companies, funds, and/or institutions referenced above:

The University invests the majority of its assets with third-party investment managers in funds or other collective investment vehicles. See above for component totals. Significant commitments to these funds have yet to be called and invested by the underlying investment managers.

The University has made investments through external investment managers actively involved in the development of "clean" technologies, alternative energy sources, emissions controls/reductions, sustainable forestry/farming techniques, and other environmentally responsible investments. The University will continue to evaluate similar investment ideas as part of the ongoing management of the endowment portfolio.

In addition to the investments of the endowment, the Investment Office staff are currently located in the University’s first geothermal building and will be moving to a newly renovated LEED certified building in Spring 2012

The website URL where information about the institution’s sustainability investment activities is available:

The information presented here is self-reported. While AASHE staff review portions of all STARS reports and institutions are welcome to seek additional forms of review, the data in STARS reports are not verified by AASHE. If you believe any of this information is erroneous or inconsistent with credit criteria, please review the process for inquiring about the information reported by an institution and complete the Data Inquiry Form.