Friday, October 10, 2008
Mo' Money, Mo' Problems
Posted by Alex Woodward on Fri, Oct 10, 2008 at 6:43 PM
The Sustainable Endowments Institute released its 2009 report on the greeny-ness of 300 public and private universities with the largest endowments, and, unsurprisingly, Louisiana’s universities didn’t do so hot.
The report’s previous, infamously low scores for each university only improved a half-grade each. Tulane and LSU (with endowments of $1,009 million and $657 million, respectively), each earned a C+, while Loyola (with a $301 million endowment) received a barely passing D — though last year’s report let it squeeze by with a D-. Hey, at least it’s an improvement.
The institute’s College Sustainability “Green” Report Card gathered data through public information and campus surveys, including an endowment survey to be filled by university administrators — in which Loyola and Tulane didn’t even participate. The report graded universities on administration, response to climate change and energy, green building, student involvement, transportation, endowment transparency, investment opportunities and shareholder engagement.
All three received failing grades in shareholder engagement — Loyola also failed transportation and green building.
The Hullabaloo and The Maroon responded to their respective university’s grades calling for pro-active student involvement and willing administrators.
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