| Overall Rating | Silver - expired |
|---|---|
| Overall Score | 60.36 |
| Liaison | Shane Stennes |
| Submission Date | Aug. 2, 2011 |
| Executive Letter | Download |
University of Minnesota, Twin Cities
PAE-18: Positive Sustainability Investments
| Status | Score | Responsible Party |
|---|---|---|
|
1.77 / 9.00 |
Amy
Short Sustainability Director University Services, OVP |
Total value of the investment pool:
Value of holdings in sustainable industries, such as renewable energy or sustainable forestry :
Value of holdings in businesses selected for exemplary sustainability performances:
Value of holdings in sustainability investment funds, such as a renewable energy investment fund:
Value of holdings in community development financial institutions (CDFIs):
Value of holdings in socially responsible mutual funds with positive screens:
A brief description of the companies, funds, and/or institutions referenced above:
As of Sept 30, 2010 the University of Minnesota Endowment balance was $882 million, we have $52 million (5.9%) invested in sustainable forests. We are not able to select out or track any of the other categories.
The University of Minnesota Foundations are managed by a third party entity. Values for investments are not available and so are not included in the data presented, but they are made in the areas of Natural Resources – Sustainable forestry and Private Equity – Focus on reducing greenhouse gas emissions in developing countries.
While there is no formal policy regarding considering environmental/ sustainability factors, there are general practices with founded in the Board of Regents Energy Efficiency and Sustainability policy and Social Concerns Committee.
The Foundation also receives donations designated for programs/initiatives with environmental and sustainability factors. For example, the Ann Salovich bequest. http://zeropluscampus.umn.edu/salovich/
The website URL where information about the institution’s sustainability investment activities is available:
Data source(s) and notes about the submission:
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 or simply email your inquiry to stars@aashe.org.