Pitzer College said it is the first higher education institution in Southern California to commit to divesting its endowment of fossil fuel stocks.
Other features of the action model include:
- An environmental, social and governance policy to guide endowment investment decisions
- Creating the Pitzer Sustainability Fund within the endowment to make environmentally responsible investments
- Target a 25 percent reduction of the college’s carbon footprint from current levels by the end of 2016
- Establish a Campus Sustainability Taskforce to bolster on-campus measures to promote sustainability
In 2012, the College launched the Robert Redford Conservancy for Southern California Sustainability and opened four mixed-use residential buildings that earned LEED Platinum certification.