College endowment managers get schooled on climate change

Tim Goral's picture

A positive trend in higher education has been the development of robust strategies to embrace sustainability education through campus operations and community outreach. One of the most significant examples of this is the American College & University Presidents' Climate Commitment, involving more than 675 member institutions.

However, there hasn't been much focus on the impact of the $400 billion in endowment funds held by the nation's higher-education institutions. Many argue that institutional sustainability strategies are not comprehensive if they exclude endowment-investing practices. Moreover, some of those assets are at risk as a result of a changing climate, threatening the financial health and viability of campuses.

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