The Tuesday meeting touched on potential updates from the Presidential Search Committee and a proposal to remove the term limit for ASSU financial managers.
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May 7, 2021
Stanford Issues Novel Sustainability Bonds
The university says it’s the first higher-ed institution to issue bonds to reduce its adverse impact on the climate, which it plans to use to start a school focused on the environment.
Stanford University sold $375 million in environmental, social, and governance (ESG)-related public market debt securities in April to help finance various projects in the university’s capital plan. The university says the sale marked the first time a US college or university has issued bonds carrying dual climate and sustainability designations for financing campus construction and renovation projects.
The university said the securities are in the emerging ESG investment category and have been externally verified by the International Capital Markets Association’s sustainability bond designation and the Climate Bond verification, both of which are based on the United Nations’ Sustainable Development Goals (SDGs).
(Graphic: MICHAEL ESPINOSA/The Stanford Daily)
on February 18, 2021
Students and faculty are calling on University President Marc Tessier-Lavigne to urge elected officials to put a price on carbon emissions. Over 25
faculty and 40
students have signed the petition as of Thursday, which asks Tessier-Lavigne to sign a letter committing to this demand, all while the University continues planning a new sustainability school.
The letter, written by Citizens’ Climate Lobby (CCL), targets university presidents because they are “community leaders and highly influential with their members of Congress.” Governments normally put a price on carbon by using one of two main strategies: taxing carbon emissions at a per-ton rate or through a cap-and-trade program.
(Screenshot: MICHAEL ESPINOSA/The Stanford Daily)
on February 18, 2021 “If environmental justice is a field, then we lose,” Ayana Elizabeth Johnson told attendees of the ninth annual Stephen H. Schneider Memorial Lecture on Thursday. “We have to include justice in our work, no matter where we work, or what we call it.”
Johnson co-created the Blue New Deal, which aims to emphasize the ocean in climate change policy. At the talk, she stressed that environmental justice, a field which studies how environmental burdens impact marginalized communities, can’t be separated from the more general climate movement.
“If we leave people of color out of the climate movement we will simply fail,” she said. “There just aren’t enough smart people with good ideas doing the work.”