| Overall Rating | Gold |
|---|---|
| Overall Score | 73.80 |
| Liaison | Corey Peterson |
| Submission Date | June 2, 2022 |
University of Tasmania
IN-48: Innovation B
| Status | Score | Responsible Party |
|---|---|---|
|
0.50 / 0.50 |
Sustainability
Team UTAS Infrastructure Services and Development |
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indicates that no data was submitted for this field
Name or title of the innovative policy, practice, program, or outcome:
Fossil-free investments
A brief description of the innovative policy, practice, program, or outcome that outlines how credit criteria are met and any positive measurable outcomes associated with the innovation:
The University of Tasmania achieved divestment from fossil fuel-exposed direct investments at the end of 2018. In October 2020, coinciding with Global Climate Change Week, the University announced a commitment to support the creation of a zero-carbon economy, including the delivery of a plan to divest from fossil fuel-exposed managed investment funds by the end of 2021. Effective immediately after the announcement, the University made no further investment in companies or funds with exposure to fossil fuels and completed full divestment in late 2021. In addition to the negative screening, the University's investment strategy includes positive screening that directs investing in companies that are working towards a zero-carbon economy and the UN Sustainable Development Goals.
Optional Fields
The website URL where information about the programs or initiatives is available:
Additional documentation to support the submission:
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Data source(s) and notes about the submission:
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