Report: U. green efforts get B minus
The University received an overall grade of B minus for environmental sustainability from the Sustainable Endowments Institute, an organization that monitors the green practices of the nation's wealthiest universities.The institute released its College Sustainability Report Card last month on the campus environmental practices and endowment policies of the 100 richest universities in the United States and Canada, and Princeton was listed among 25 "Campus Sustainability Leaders" along with five other Ivy League schools."We believe that it's difficult for rating and ranking systems to capture the distinctiveness of any institution's efforts," University spokeswoman Cass Cliatt '96 said in an e-mail.She explained that the University has long had policies in place regarding sustainability and climate change, but that "these early efforts are often not credited by ranking systems that focus on new initiatives."The institute rated schools on seven categories, including administration, climate change and energy, food and recycling, green building, endowment transparency, investment priorities and shareholder engagement.The University received grades of D for both endowment transparency and shareholder engagement.In the area of shareholder engagement, the Institute criticized the lack of student and faculty involvement in the University's investment decision making.Currently, Princeton's investment managers handle proxy voting for securities, and University administrators vote on issues of social concern for mutual funds and proxies.The University's low marks for endowment transparency derive mainly from the inaccessibility of proxy voting records ? they are only available to the University Resources Committee.




