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Report Card 2011

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Babson College
College Sustainability Report Card 2011

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B
Babson College

School details:

Endowment: $197 million as of June 30, 2010

Location: Wellesley, Massachusetts

 

Campus Survey: Yes (see response)

Dining Survey: Yes (see response)

Endowment Survey: Yes (see response)

Student Survey: Yes (see response)

 

Please note: Data was collected in summer 2010 and may no longer be current.

 

Data compiled from survey responses, when available, and from independent research, when needed. For more information on data collection and evaluation, please see the  Methodology section.

 
Overall grade  
B
Babson College has a formal sustainability policy and has incorporated sustainability components in the campus master plan and strategic plan. The sustainability office opened this year to centralize, expand, and communicate about the college’s commitment to sustainability. A sustainability program manager and director of sustainability work together in the office to connect and communicate existing initiatives and develop new programs.
The college has conducted a greenhouse gas emissions inventory and has reduced its emissions by 17 percent since 2004. To reduce energy use, Babson utilizes LED lighting, lighting sensors, energy-efficient lighting, and building metering for electricity, gas, and oil. The campus is also home to a 1.8-kilowatt wind turbine.
Babson spends 20 percent of its annual food budget on local products. The college's community garden provides dining services with fresh herbs, and all milk is hormone and antibiotic free. Frozen seafood purchases meet sustainability guidelines, and the college offers 19 vegan options per week. Only fair trade coffee is served on campus, and excess food is donated to a local food bank. The college recycles traditional materials as well as electronics and is launching single-stream recycling to increase participation.
All new buildings at Babson are planned to meet LEED Silver standards. The campus has one Energy Star-labeled building that also meets LEED Certified standards. To manage water use on campus, dual-flush toilets and low-flow faucets and showerheads have been installed. All non-hazardous construction waste is diverted from landfills.
An eco-reps program trains students to become environmental leaders on campus. The Green Tower residential community is designed to promote sustainability and foster social entrepreneurship. The graduate student Babson Energy and Environmental Club held a successful “Sustainability in Action” conference last spring. The college offers two paid sustainability internships each year, and students participate in numerous competitions aimed at decreasing resource consumption.
Nearly a quarter of employees at Babson commute to campus via environmentally preferable methods. Limited preferred parking is offered to students, staff, and faculty who carpool, and a shuttle is provided to students free of charge to local area colleges and mass transit hubs. A bike-sharing program is available to students at no cost, and parking has been eliminated from central areas on campus.
The college makes a list of all holdings available to the public upon request. The college does not make its shareholder voting record public.
The college aims to optimize investment returns and does not invest the endowment in on-campus sustainability projects, renewable energy funds, or community development loan funds, though it continues to seek opportunities that meet sustainability and investment criteria.
The college asks that its investment managers handle the details of proxy voting.
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