Overall Rating | Silver |
---|---|
Overall Score | 61.15 |
Liaison | Ashley Woolman |
Submission Date | April 8, 2022 |
Western Colorado University
PA-10: Sustainable Investment
Status | Score | Responsible Party |
---|---|---|
0.00 / 3.00 |
Ashley
Woolman Sustainability Coordinator Facilities Services |
"---"
indicates that no data was submitted for this field
Part 1. Positive sustainability investment
20,000,000
US/Canadian $
Value of holdings in each of the following categories:
Value of holdings | |
Sustainable industries (e.g., renewable energy or sustainable forestry) | 0 US/Canadian $ |
Businesses selected for exemplary sustainability performance (e.g., using criteria specified in a sustainable investment policy) | 0 US/Canadian $ |
Sustainability investment funds (e.g., a renewable energy or impact investment fund) | 0 US/Canadian $ |
Community development financial institutions (CDFIs) or the equivalent | 0 US/Canadian $ |
Socially responsible mutual funds with positive screens (or the equivalent) | 0 US/Canadian $ |
Green revolving funds funded from the endowment | 0 US/Canadian $ |
If any of the above is greater than zero, provide:
The University is statutorily required to invest all of its excess funds with the State Treasurer for the State of Colorado. Accordingly, the Colorado State Treasurer pools our funds with that of other state agencies and determines how those funds will be invested (primarily in low risk investments since they are public funds and there are certain limitations on what the state can be invested in).
Percentage of the institution's investment pool in positive sustainability investments:
0
Part 2. Investor engagement
Sustainable investment policy
No
None
A copy of the sustainable investment policy:
---
None
The sustainable investment policy:
N/A
None
Does the institution use its sustainable investment policy to select and guide investment managers?:
No
A brief description of how the sustainable investment policy is applied:
N/A
Proxy voting
No
None
A copy of the proxy voting guidelines or proxy record:
---
None
A brief description of how managers are adhering to proxy voting guidelines:
N/A
Shareholder resolutions
No
Examples of how the institution has engaged with corporations in its portfolio about sustainability issues during the previous three years:
N/A
Divestment efforts and negative screens
No
A brief description of the divestment effort or negative screens and how they have been implemented:
N/A
Approximate percentage of endowment that the divestment effort and/or negative screens apply to:
0
Investor networks
No
None
A brief description of the investor networks and/or collaborations:
N/A
Optional Fields
---
Additional documentation to support the submission:
---
Data source(s) and notes about the submission:
We have been contacted in the past by students with AASHE materials requesting that Western State Foundation make a commitment to fossil-fuel divestment of the endowment. After discussing this with the Board on several occasions, the consistent response has been -- Because Western and the Foundation strongly support academic programs in both environmental sustainability as well as energy-industry related disciplines, limiting investments to one group’s preferences would be inconsistent with the values of the Foundation, as well as the diverse academic disciplines offered by the University.
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.