A new report out Wednesday looks at colleges and universities investing in clean energy in an attempt to spark conversations about associated benefits.
The report, "Investing in Clean Energy: Campuses and Endowments," is from the Intentional Endowments Network, which is concerned with socially responsible investing, sustainable investing and environmental, social and governance investing. It says higher education institutions can act as investors through their endowments or as customers of clean types of energy -- investing in renewable energy generation, energy-efficiency efforts, energy storage and electrified transport solutions. Endowments have many options in such investing thanks to their long-term investment horizons and ability to make illiquid investments, and the investments can lead to financial benefits, research opportunities and environmental benefits, the group says. Challenges include worries about financial performance that may be holding endowments back from making investments.