| Overall Rating | Silver - expired |
|---|---|
| Overall Score | 48.18 |
| Liaison | Ken Foster |
| Submission Date | July 27, 2011 |
| Executive Letter | Download |
Vassar College
PAE-18: Positive Sustainability Investments
| Status | Score | Responsible Party |
|---|---|---|
|
0.63 / 9.00 |
Elizabeth
Eismeier Vice President for Finance and Administration Finance and Administration |
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indicates that no data was submitted for this field
None
Total value of the investment pool:
829,000,000
US/Canadian $
None
Value of holdings in sustainable industries, such as renewable energy or sustainable forestry :
10,000,000
US/Canadian $
None
Value of holdings in businesses selected for exemplary sustainability performances:
7,000,000
US/Canadian $
None
Value of holdings in sustainability investment funds, such as a renewable energy investment fund:
0
US/Canadian $
None
Value of holdings in community development financial institutions (CDFIs):
500,000
US/Canadian $
None
Value of holdings in socially responsible mutual funds with positive screens:
0
US/Canadian $
None
A brief description of the companies, funds, and/or institutions referenced above:
Forestry: Timber - $10 million of paid capital with a current valuation of $9.6 million. The fund guidelines state that GMO Renewable Resources maintains high environmental standards and manages the holdings sustainably.
Neuberger Berman Socially Responsive Fund is managed with positive as well as negative screens.
Investment in the local (Arlington Community) - approximately $2.4 million has been invested over time in the commercial properties near campus, where the college is committed to maintaining the properties and renting them at a fair market rate to business enterprises. In addition, we have invested almost $500,000 in the improvement of the streetscape in this area, to promote an attractive and pedestrian-friendly commercial district that serves all Arlington residents as well as the college community. These investments are equity investments that are parallel to community development funds for local businesses.
None
The website URL where information about the institution’s sustainability investment activities is available:
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Data source(s) and notes about the submission:
We also have various venture capital/private equity investments to clean and renewable energy, but we do not know that value of these commitments within the venture capital/private equity pool.
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.