Overall Rating Silver
Overall Score 52.54
Liaison Becky Haney
Submission Date Feb. 26, 2020

STARS v2.2

Calvin University
IN-40: Sustainability Projects Fund

Status Score Responsible Party
Complete 0.50 / 0.50 Becky Haney
Associate Professor
Economics
"---" indicates that no data was submitted for this field

Name of the institution’s sustainability projects fund:
Calvin Energy Recovery Fund (CERF)

Which of the following best describes the primary source of funding for the sustainability projects fund?:
Hybrid

Year the institution’s sustainability projects fund was established:
2,009

A brief description of the institution’s sustainability projects fund:

The Calvin Energy Recovery Fund (CERF) is a revolving fund used to improve energy efficiency and reduce carbon dioxide emissions on campus. Plus, the cost savings from CERF projects are routed back into the fund for five years after project payoff—thereby growing the fund to support future projects.

(Description taken directly from the CERF website)


A brief description of the multi-stakeholder decision-making process used to determine which projects receive funding through the sustainability projects fund:

The faculty Environmental and Energy Sustainability Committee (EESC) reviews all projects and approves those that meet CERF requirements, including sufficient return on investment. EESC is integrated into the governance structure of the university, and is a body which includes Calvin staff, faculty and students in its governance structure. (Description taken from the CERF website)

EESC reviews CERF proposals on many criteria, including:
* monetary payback time and energy cost savings rate
* initial cost
* energy savings monitoring plan
* feasibility of implementation, and
* acceptability of contract bids or facilities department capabilities.
(Decision clarification provided by Matt Heun, EESC Chair)


Website URL where information about the sustainability projects fund is available:
Additional documentation to support the submission:
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Information about CERF collected from online resources.

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