Education

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REC believes that a responsible endowment is one that is used to support its beneficiaries: students, faculty, alumni, and the community at large. This applies both in terms of investment and spending decisions. In Fall 2016, REC will be publishing a report with the Croatan Institute on university wealth hoarding and the student debt crisis, exploring how a growth-for-growth’s sake logic in endowment management has contributed to increasingly inaccessible higher education. 

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Latest from the blog

Jul 10, 2017
"Historic new research from CDP, voted no. 1 climate change research provider by institutional investors, in collaboration with the Climate Accountability Institute, today reveals that 71% of all global GHG emissions since 1988 can be traced to just 100 fossil fuel producers. This group is the source of 635 billion tonnes...
Mar 23, 2017
Congratulations to the activists at York University! "The York University Advisory Committee on Responsible Investment (YUACRI) has voted to recommend the University's divestment from arms manufacturers and fossil fuels. YUACRI was established in 2012 to integrate environmental, social and corporate governance (ESG) considerations into investment management processes and ownership practices...
Mar 15, 2017
"Columbia University, New York, will divest certain coal industry investments in support of addressing climate change, Lee Bollinger, the university president, said in a message posted on the university’s website. University trustees have agreed to divest from companies deriving more than 35% of their revenue from thermal coal production, he...

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