The University of Washington Board of Regents on Thursday approved a resolution to begin exiting all direct investments in fossil-fuel companies with the goal of complete divestiture by Fiscal Year 2027. The resolution includes a commitment not to renew indirect investments in funds primarily focusing on fossil-fuel extraction or reserves. Both commitments include allowances for firms contributing to the transition to sustainable energy.
Feedback from the University of Washington community on the UW’s draft Sustainability Strategy and proposed actions has been published.
The draft Sustainability Strategy was released on Earth Day, April 22. All members of the UW community were invited to take a survey to provide input on the draft - including the guiding principles and targets - and proposed actions.. Those survey results and comments have been compiled and are available as a PDF document.
The University of Washington is working to develop a comprehensive Sustainability Plan. Led by Executive Sponsor and UW Facilities Vice President Lou Cariello, the Sustainability Plan is on track for delivery on Earth Day, April 22, 2020. The team will be using several tools to identify gaps and the actions that will comprise the Plan, including UW's 2018 STARS submission (Sustainability Tracking, Assessment and Rating System) and the Climate Action Inventory.
The University of Washington joins 12 other leading North American research universities in the new University Climate Change Coalition, or UC3, a group committed to leveraging its research and resources to help communities accelerate climate action.
The University of Washington is one of more than 180 college and universities from across the country - along with more than 1,000 businesses, cities and states - to sign the "We Are Still In" letter declaring continued support for climate action and reducing carbon emissions despite the absence of leadership from the federal government.
The University of Washington was one of several Seattle-area organizations featured in "Bright Green in an Emerald City," a new report by the Seattle Metropolitan Chamber of Commerce which details examples of business leadership and tangible progress by its membership.
The University of Washington recently joined two membership organizations focused on climate change and carbon reduction. The UW is now a signatory to CDP (formerly the Carbon Disclosure Project) and a member of CERES' Investor Network on Climate Risk.
These memberships are part of the UW Treasury Office&'s Global Climate Change Initiatives, approved by the Board of Regents in November 2013. Treasury's Climate Change Initiatives include an initiative to explore opportunities for shareholder advocacy on climate change.