Overall Rating Gold
Overall Score 73.80
Liaison Corey Peterson
Submission Date June 2, 2022

STARS v2.2

University of Tasmania
IN-48: Innovation B

Status Score Responsible Party
Complete 0.50 / 0.50 Sustainability Team
Infrastructure Services and Development
"---" indicates that no data was submitted for this field

Name or title of the innovative policy, practice, program, or outcome:
Fossil-free investments

A brief description of the innovative policy, practice, program, or outcome that outlines how credit criteria are met and any positive measurable outcomes associated with the innovation:

The University of Tasmania achieved divestment from fossil fuel-exposed direct investments at the end of 2018. In October 2020, coinciding with Global Climate Change Week, the University announced a commitment to support the creation of a zero-carbon economy, including the delivery of a plan to divest from fossil fuel-exposed managed investment funds by the end of 2021. Effective immediately after the announcement, the University made no further investment in companies or funds with exposure to fossil fuels and completed full divestment in late 2021. In addition to the negative screening, the University's investment strategy includes positive screening that directs investing in companies that are working towards a zero-carbon economy and the UN Sustainable Development Goals.

A letter of affirmation from an individual with relevant expertise or a press release or publication featuring the innovation :
The website URL where information about the programs or initiatives is available:
Additional documentation to support the submission:

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.