Endowment Value: $30.85 million (June 2018)
Humboldt State University is a part of the California State University System, located in Arcata, California. The Humboldt State University Advancement Foundation (HSUAF) oversees the endowment andscreens certain industries from its direct investments, including fossil fuels. It is currently working on reducing indirect investments in said industries.
In 2013, students approached the HSUAF at an associated students meeting to advocate for further divestment from fossil fuels. In response, the HSUAF took many steps to further advance its tradition of environmental sustainability. The Social and Environmentally Responsible Offset Policy (SEROP) and Pledge were adopted in April of 2014, making HSU the first state University in the US to commit to full fossil fuel divestment. That same year,, the HSUAF decided to direct 10% of its portfolio into green funds and explored creating a “Green Challenge,” allowing for another 10% of the portfolio to be shifted to green funds for every $500,000 donated to the endowment.
In 2016, HSU Office of Sustainability published a comprehensive Climate Action Plan that outlines more than 50 action items to achieve its goal of becoming carbon neutral by 2050. HSU also became a Charter Signatory for the Campus Climate Commitment, which encompasses the goals of achieving both carbon neutrality as well as improving community resilience. HSU joined over 680 higher education institutions in the nation.
Humboldt State University is a participant or member of the following Initiatives & Commitments:
- IEN Founding Member (2016)
- AASHE STARS: Yes, Gold
- ACUPCC: Yes, Climate Neutral By 2050
- Billion Dollar Green Challenge: No
- CDP: No
- Committee for Investor Responsibility: No
- Divestment Goal: Yes, Partial
- INCR: No
- Montreal Carbon Pledge: No
- Sustainable Investment Fund: No
- Sustainable Investment Policy: Yes
- Principles for Responsible Investment: Yes
Other Sustainable Investing Practices: