Carleton College

Endowment Value:  $$878.4 million (June 2018)

Carleton College is a private college, located in Northfield, Minnesota. The Carleton Responsible Investment Committee (CRIC) was established in 2005 and is comprised of students, staff, and faculty. The primary purpose of the CRIC is to make recommendations about the management of the endowment to the Board of Trustees that embody Carleton's values. For example, within the past three years, The Committee has supported multiple shareholder resolutions that strengthened environmental, social and governance policies of companies within its investment portfolio.

In addition,  in lieu of growing student interest and mobilization around fossil fuel divestment, students from the CRIC organized a student-led town hall discussion on the pros and cons of divestment in the fossil fuel industry 

According to the most recent STARS Report, “while Carleton does not have a sustainable investment policy, the College aims to invest with managers whose standards of propriety, fairness, and ethical integrity align with those of the College. The College tries to select managers that will generate superior returns, but not at all costs, and make investments in a responsible manner that takes into account societal impacts.” The College also reports that a percentage of it’s endowment portfolio is invested in sustainable industries such as renewable energy and sustainable forestry.

 

Carleton College is a participant or member of the following Initiatives & Commitments: 

  • IEN Member
  • AASHE STARS: Yes, Silver
  • ACUPCC: Yes, Climate Neutral by 2050
  • Billion Dollar Green Challenge: No
  • CDP: No
  • Committee on Investor Responsibility: Yes
  • INCR: No
  • Divestment Goal: Yes
  • Montreal Carbon Pledge: No
  • Sustainable Investment Fund: Yes
  • Sustainable Investment Policy: No
  • Principles for Responsible Investment: No

Other Sustainable Investing Practices and News:

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