Sustainable Endowments Institute

In Brief

2005, Boston; college investing; Green Report Card

Description

(2005, Boston; www.endowmentinstitute.org)

A special project of Rockefeller Philanthropy Advisors engaged in “research, education and outreach to advance resilient institutional responses to the climate crisis.” Initiatives: 1) The Billion Dollar Green Challenge, collaborating with 16 partner organizations, created a combined total of $1 billion, enabling hundreds of campuses to reduce operating expenses and greenhouse gas emissions, while enabling regenerating funds for future projects (see www.GreenBillion.org.); 2) The Green Revolving Investment Tracking System (GRITS 1.1), to track and calculate project-level energy, financial and carbon savings data for all sustainability projects, and efficiency improvements; 3) Leadership in Energy Efficiency Financing Network, a New England-focused program to help implement green revolving funds (GRFs) in higher education, healthcare, municipalities, and nonprofits; 4) The Fossil Fuel Divestment Campaign, working with student groups and partner organizations to advocate for colleges and universities to divest their endowment funds from fossil fuel companies (see WeArePowerShift.org/DivestCoal and GoFossilFree.org); 5) The College Sustainability Report Card compares and evaluates campus and endowment sustainability best practices in the US and Canada, focusing on policies and practices across nine categories: Administration, Climate Change & Energy, Food & Recycling, Green Buildings, Student Involvement, Transportation, Endowment Transparency, Investment Priorities, and Shareholder Engagement; 6) The Minority-Serving Institutions Green Report surveyed over 50 tribal colleges, Hispanic-serving institutions and historically black colleges and universities about their sustainability practices. The 16 partners include American College and University Presidents Climate Commitment, the Hull Family Foundation, and Second Nature. Staff: 9; Executive and Founder: Mark Orlowski (markorlowski@endowmentinstitute.org).

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