Endowment Value: $10.8 billion (June 2017)
University of California is a public university system in California. It has 10 campuses located in Berkeley, Davis, Irvine, Los Angeles, Merced, Riverside, San Diego, San Francisco, Santa Barbara, and Santa Cruz. The Office of the Chief Investment Officer of the Regents manages the entire UC system’s endowment of $10.8 billion, as well as all of its other assets, which combined total to $109.8 billion.
The UC System and/or Individual Campuses are a participant or member of the following Initiatives & Commitments:
- IEN Founding Member (2016)
- AASHE STARS: Yes, Nine Reporting Campuses
- ACUPCC: Yes, 10 Campuses With Various Goals
- Billion Dollar Green Challenge: Yes
- CDP: Yes
- Committee for Investor Responsibility: No
- Divestment Goal: Yes, Coal and Tar Sands Only
- INCR: Yes
- Montreal Carbon Pledge: Yes
- Sustainable Investment Fund: Yes**
- Sustainable Investment Policy: Yes***
- Principles for Responsible Investment: Yes
Other Sustainable Investing Practices:
Sustainable Investing Framework, Office of the Chief Investment Officer of the Regents
Chief Investment Officer of the Regents: Sustainable Investment Page
- Feb. 2015 - UC's Progress on Sustainable Investment Strategy
The entire UC system is working to have clear socially responsible investing guidelines. UC Berkeley recently launched their own socially responsible investment fund. This fund has strict social and environmental values as well as excellent financial performance.
* In 2015, UC announced selling direct holdings in coal-mining and oil-sands-focused companies, but as the CIO Jagdeep Bachher explained in an op-ed piece in the San Francisco Chronicle, this was not part of a blanket divestment policy
** UC has announced a commitment to invest $1 billion over five years in climate change solutions.
UC Administration to Reinvest $500 Million Away from Fossil Fuels, UCSD Guardian, April 30, 2018
UC investment plan seeks solutions to climate change, San Francisco Chronicle, September 10, 2015