Endowment Value: $25.8 million (2020)
Northland College is a private liberal arts college in Ashland, Wisconsin. Northland College has a student body of 600 and centers the environment and sustainability in its education. The Board of Trustees oversees the management of Northland’s endowment.
In 2017, Northland College formed the Committee on Investor Responsibility (CIR) to consider fossil fuel divestment. Since then, the CIR’s role has been expanded to include the full scope of sustainable investment including making recommendations on socially and environmentally responsible investment opportunities and proxy voting advice. In February 2018, the Board of Trustees authorized Northern Trust Company, its primary financial manager, to begin implementing the Board's proposal to remove fossil fuels from the endowment over the course of five years.
In early 2020, Northland College completed its divestment process. Roughly $823,000 of the college’s $25.8 million endowment was divested from the fossil fuel industry.
Northland College is a participant or member of the following Initiatives & Commitments:
- IEN Member (2017)
- AASHE STARS: Yes, Gold
- ACUPCC: Yes, Carbon Neutral By 2030
- Billion Dollar Green Challenge: No
- CDP: No
- Committee on Investor Responsibility: Yes
- Divestment Goal: Yes, full
- INCR: No
- Montreal Carbon Pledge: No
- Sustainable Investment Fund: No
- Sustainable Investment Policy: Yes
- Principles for Responsible Investment: No