Wallace Global Fund's commitment aims to promote renewable energy through research, advocacy, grassroots engagement and coalition building.
Policy development and analysis: targeted groups include World Resources Institute ($100,000 for each of two years), Southern Alliance for Clean Energy, Blue Water Network in partnership with Friends of the Earth, (Alternative Fuels Sustainability Project), Union of Concerned Scientists, National Environmental Trust, Center for Climate Solutions, Association of State Public Interest Research Groups.
Consumer/grassroots education and engagement: targeted groups include Chesapeake Climate Action Network and their Climate Emergency Council (empowering campaigns to persuade local governments to implement renewables), SmartPower (local renewables campaigns), Minnesotans for an Energy Efficient Economy (Midwest regional advocacy), Rainforest Action Network (consumer campaigns), Ruckus Society, Center for Public Interest Research, Cool Air - Clean Planet (inject climate into upcoming presidential campaigns), Bluewater Network (Alternative Fuels Sustainability Project in CA).
Engaging new constituencies in climate issues: targeted groups include the Bank Information Center and the Sustainable Energy and Economy Network, Physicians for Social Responsibility, and the Apollo Alliance.
- Cherokee achieved 100% carbon offsets of all Cherokee business travel and commuting.
- It also achieved 100% offset of all Cherokee office electricity with Green-e RECs from high-carbon grids.
- Cherokee met membership requirements as the first investment fund member of the EPA Climate Leaders program, including an Inventory Management Plan and suggestions for reduction measures.
The Clinton Global Initiative's commitment to address global climate change is directly in line with Cherokee's goals of reducing greenhouse gas emissions and other negative impacts of the built environment.
Cherokee's mission is to deliver strong financial returns for the retirement funds and endowments that entrust us to invest on their behalf, and to add value to the communities we serve. To this end, we acquire environmentally impaired and underutilized properties, remediate them, and return them to productive use. Cherokee projects improve human health and environmental quality, enhance social well-being and add value to the local economy.
We manifest these objectives at the corporate level through strong partnerships with other leading organizations, company-wide policies and guidelines and a variety of initiatives and activities by and for our employees. At the project level, we are developing a standard process for integrating sustainability principles into every site, from deal concept and business planning to site design and development.
Additional information will be provided in the forthcoming 2007 Sustainability Report to be posted to www.cherokeefund.com in April 2008.