The University of Utah is committed to preserving the planet for future generations through positive investments, ranging from socially responsible retirement choices for staff and faculty to increasing on-campus investments in energy-efficiency and renewable energy that reduce the direct carbon footprint of campus.
What the University is Doing
Socially Responsible Investment
In the spirit of many campus initiatives to promote sustainability, there is now a Socially Responsible Investment option for endowed gifts. Socially Responsible Investing (SRI) is an investment process that considers the social and environmental consequences of investments, both positive and negative, within the context of rigorous financial analysis. This Social Choice Pool provides a way for U alumni and friends to have social criteria considered in the investment of their endowed gifts.
SCIF Revolving Loan Fund
The Sustainability Office has reorganized the ASUU Wind Fee, along with a portion of SCIF, to create a Revolving Loan Fund (RLF) to help finance the up-front costs of energy-efficiency and renewable energy projects on campus. The utility costs savings over the life of the project are repaid to the RLF and reinvested in sustainability projects on campus, allowing the fund to continue to grow in impact.
Socially-Responsible Investment Choices
Through its retirement options, the University of Utah offers socially responsible and environmentally sustainable options for employee retirement holdings from TIAA and Fidelity Investments. The combined retirement savings of University of Utah employees as of January 2016 is over $3 billion.
What You Can Do
Consider investing in one of the available socially and environmentally responsible investment funds from TIAA and Fidelity Investments so that your retirement portfolio aligns with your values.