| Overall Rating | Gold - expired |
|---|---|
| Overall Score | 67.35 |
| Liaison | Brad Spanbauer |
| Submission Date | April 25, 2013 |
| Executive Letter | Download |
University of Wisconsin-Oshkosh
PAE-18: Positive Sustainability Investments
| Status | Score | Responsible Party |
|---|---|---|
|
5.47 / 9.00 |
Brian
Kermath Sustainability Director Sustainability Office |
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:
University of Wisconsin Oshkosh has invested in a commercial-scale dry anaerobic biodigester that produces biogas from organic waste, which is then used to produce renewable electricity. The electricity is sold through the grid to Wisconsin Public Services at a market rate that allows the institution to recoup the investment. Once the investment is recovered (in perhaps 8-10 years), revenues will be diverted to student scholarships. The current value of the digester is $4,914,490 from the original cost of $4,885,679.32, which $1,834,862 was paid for with grants. The total value of the investment is, therefore $3,584,628.
The second investment involves a smaller biodigester that the UWO Foundation has made in the amount of $500,000 that was matched with an additional $500,000 coming from other investors. This smaller digester is on a small farm in Winnebago County near Oshkosh and will produce renewable energy for the farm with surplus revenues returning to the Foundation to initially recover the investment and later to go to scholarships.
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.