|Liaison||Dorothea Von Herder|
|Submission Date||Aug. 18, 2011|
PAE-18: Positive Sustainability Investments
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:
These values were based on estimates from 2010 which suggest between 4% and 6% of the endowment was invested in sustainable industries. In that analysis, timberland, renewable energy, energy conservation technologies, LEED certified buildings, and water conservation and filtration technologies were included Given the movements in the portfolio, we feel comfortable in saying that we are at or above the high end of that range today.
The website URL where information about the institution’s sustainability investment activities is available:
Wellesley College does not invest funds dedicated solely to sustainability or socially responsible mutual funds because we believe that we will be better served by managers who have broader expertise in new technologies. The College has significant exposure to venture capital, and as a result, we have investments related to wind, solar, bio-fuels, battery storage, and a broad range of emerging energy conservation technologies.
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 and complete the Data Inquiry Form.