|Submission Date||March 6, 2020|
Lewis & Clark College
PRE-2: Points of Distinction
Name of the institution’s featured sustainability program, initiative, or accomplishment:
A brief description of the institution’s featured program, initiative, or accomplishment:
n February 2018, Lewis & Clark College’s Board of Trustees voted unanimously to divest from fossil fuel holdings in the endowment, approving the recommended policy changes prepared by a subcommittee formed to study the matter. Passing the resolution after multi-year conversations and study, the trustees affirmed that Lewis & Clark could simultaneously meet the critical objectives of best-in-class endowment management as well as environmental leadership. To reiterate, Lewis & Clark’s fossil fuel divestment policy states:
Lewis & Clark’s endowment shall not directly own any securities publicly issued by companies in the fossil fuel industry, specifically the largest owners of coal, oil, and natural gas reserves (“fossil fuel companies”).
Starting immediately, Lewis & Clark will make no investments in any new fund that has exposure to fossil fuel companies.
Over the next five years (before Dec. 31, 2022) Lewis & Clark will eliminate exposure to fossil fuel companies held indirectly through public commingled strategies. In addition, the college will exit all private limited partnership investments holding fossil fuel companies as they mature, which will take more than five years.
Consistent with the college’s existing ESG [Environmental, Social, and Governance] policy, Lewis & Clark will actively engage with existing investment managers to encourage them to adopt fossil fuel free investment options.
Lewis & Clark will provide an annual update to the broader campus community on holdings of fossil fuel securities in the endowment portfolio.
Which of the following impact areas does the featured program, initiative, or accomplishment most closely relate to?:
Investment & Finance
Website URL where more information about the accomplishment may be found:
STARS credit in which the featured program, initiative, or accomplishment is reported (if applicable):
A photograph or document associated with the featured program, initiative, or accomplishment:
Name of a second highlighted sustainability program/initiative/accomplishment:
A brief description of the second program/initiative/accomplishment:
Single-Use Plastic Elimination Policy
The Lewis & Clark Sustainability Council formally endorses efforts by the Lewis & Clark community to remove beverages in plastic bottles from campus vending and catering while promoting policies and practices to eliminate plastic bottles sales entirely. This effort aims to eliminate waste created by single-use items, to reduce our reliance on products containing fossil fuels, and support higher value recyclable or reusable items across our campuses. This policy has been extended to include cutlery and plastic cups.
Which impact areas does the second program/initiative/accomplishment most closely relate to?:
Website URL where more information about the second program/initiative/accomplishment may be found:
STARS credit in which the second program/initiative/accomplishment is reported (if applicable):
A photograph or document associated with the second program/initiative/accomplishment:
Name of a third highlighted program/initiative/accomplishment:
A brief description of the third program/initiative/accomplishment:
Working with Lewis & Clark’s Sustainability Council, the Bates Center for Entrepreneurship and Leadership is offering a class in sustainability and entreprepreneurship this fall. Taught by Lewis & Clark Law Professor Dan Rohlf, it is open to all majors and focuses on current trends to address environmental, economic, and social disparities of the 21st century.
Which impact areas does the third program/initiative/accomplishment most closely relate to?:
Website URL where more information about the third program/initiative/accomplishment may be found:
STARS credit in which the third program/initiative/accomplishment is reported (if applicable):
A photograph or document associated with the third program/initiative/accomplishment:
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.