Overall Rating | Bronze - expired |
---|---|
Overall Score | 30.98 |
Liaison | Justin Owen |
Submission Date | Sept. 20, 2011 |
Executive Letter | Download |
Weber State University
PAE-18: Positive Sustainability Investments
Status | Score | Responsible Party |
---|---|---|
1.50 / 9.00 |
Jennifer
Bodine Sustainability Specialist Facilities Management |
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indicates that no data was submitted for this field
None
Total value of the investment pool:
100,000,000
US/Canadian $
None
Value of holdings in sustainable industries, such as renewable energy or sustainable forestry :
0
US/Canadian $
None
Value of holdings in businesses selected for exemplary sustainability performances:
0
US/Canadian $
None
Value of holdings in sustainability investment funds, such as a renewable energy investment fund:
5,000,000
US/Canadian $
None
Value of holdings in community development financial institutions (CDFIs):
0
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:
Weber State University is currently investing in its own energy-efficiency and renewable energy projects through a $5 million revolving green loan from the endowment. As energy savings are realized, 25% of those savings go back into the utility budget and 75% of the savings go to replenish and grow the revolving fund. However, currently, the 75% in savings is currently being used to repay the endowment loan. The Energy & Sustainability Office is expecting that this loan will be paid off (with interest) in nine years.
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:
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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.