Responsible Endowments Coalition Announces Partnership with AASHE Sustainability Tracking, Assessment & Rating System (STARS®) Program

The Responsible Endowments Coalition is pleased to announce a partnership with the American Association for Sustainability in Higher Education (AASHE) STARS® program, is “a transparent, self-reporting framework for colleges and universities to gauge relative progress toward sustainability…developed by AASHE with broad participation from the higher education community.”

The STARS rating system includes 16.75 points on investments out of a total 100 points for Planning Administration and Engagement, including points for shareholder advocacy, committees on responsible investment, and positive sustainability investments including investing in community development financial institutions and sustainable funds. Over 100 schools have now signed up to be evaluated including many of the 95 institutions that REC actively works with.

“The Responsible Endowments Coalition is excited to be a STARS partner,” said Executive Director Dan Apfel. “The AASHE STARS system treats investing as an important part of campus sustainability and we believe it will help change the way universities think about their portfolio.”

Dan Apfel was also named a Technical Advisor, as part of a group that will be continuing to refine and improve the rating system. REC has provided input on the STARS program for the last three years, and will continue working to ensure that investor responsibility is taken seriously in the STARS program and by colleges and universities around the country.

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