In an effort to achieve Ohio University’s goal to become a carbon neutral campus by the year 2075, the Presidential Advisory Council for Sustainability Planning (PACSP) developed and approved its institutional Sustainability Plan that embraced many aspects of carbon neutrality in summer 2011. Following that, PACSP developed Ohio University Climate Action Plan. Following approval of the Sustainability Plan and Climate Action Plan, a University standing committee named Ecology and Energy Conservation Committee (EECC) took the role of monitoring agent of these plans. To advance plan implementation and coordination, the university instituted a campus Sustainability Office in 2006. The office employs a Sustainability Director, a Sustainability Specialist and several student workers. Together they provide support and guidance to EECC in their efforts and for active sustainability programs and projects on campus.
Ohio University Sustainability Plan has several goals which were created to keep its promise of becoming a carbon neutral campus by the 2075. One of the goals is GoalJ3 which states that Ohio University’s investment strategy will privilege sustainable corporations and entities. This Goal is monitored via Benchmark 21 which asses endowment investment in sustainable corporations and entities and recommend strategies for increasing investment in these corporations and entities.
In 2013, Ohio University Foundation decided to allocate $4million from their fund/budget and to invest in Sustainable Investing. Concurrently, OU established a Sustainable Investing Advisory Committee which is a student organization, tasked initially with developing guidelines for student-managed equity and fixed-income financial portfolios that incorporate evaluations of environmental, social, and governance (ESG) issues. The committee is composed of 5 people that include faculty advisor, President, Treasurer, Equity Investment Subcommittee Chairperson, Fixed Income Subcommittee Chairperson and a Secretary.
The oversight, management and execution of the Fund’s operation is encompassed in a three-tiered structure:
SIAC shall consist of twelve voting members. It offers this opportunity to all students, regardless of major. To join, send an email to Office of Sustainability (firstname.lastname@example.org). An email notification confirming the student's acceptance will be sent within 3 business days.
SIAC offers hands-on experience with managing financial portfolios and also provides trainings to its student members. Some of the trainings are-