Courses in Sustainability
Yes
Sustainability course is
Optional
Description
https://www.stern.nyu.edu/portal-partners/academic-affairs-advising/specializations/sustainable-business-innovation
Research Opportunities in Sustainability
Yes
Description
http://www.stern.nyu.edu/experience-stern/about/departments-centers-initiatives/centers-of-research/center-sustainable-business
School's environmental commitment 1:
NYU Stern CSB x National Grid Partnership
NYU Stern alumni and students rallied to help bring the NYU Stern Center for Sustainable Business (CSB) - Return on Sustainable Investment (ROSI) methodology to the utility sector. Margaret (Peggy) Smyth (Stern ?87), the Chief Financial Officer at National Grid, one of the one of the world?s largest public owned energy companies and a national leader in fighting climate change, recruited CSB to implement ROSI by monetizing energy efficiency investments at two project sites, with the goal of applying this methodology more broadly across the firm at a future date. The company used this information in conversations with investors. Additional Sternies involved in the project included Gideon Banner (Stern ?18), Senior Analyst on the Sustainability Strategy team at National Grid, and Ross Jaffe (Stern ?21), Summer Associate also on the Sustainability Strategy team (a placement through CSB?s Summer Fellowship program). After reviewing and monetizing several ROSI benefit categories, such as societal and operational benefits (e.g. cost of carbon reductions), the team found that employee relations, specifically improved employee productivity and efficiency, provided the largest monetary value as a result of the energy efficiency investments at the two project sites.
?At National Grid, we are committed to sustainability -- both environmental and social,? said Peggy Smyth. ?We also believe that doing good leads to doing well, which is why we were delighted to bring CSB and ROSI to National Grid to help us identify and monetize the benefits of energy efficiency investments for the productivity of our workforce. As a Stern alum, I am proud to be part of this unique approach to assessing the business case for sustainability."
School's environmental commitment 2:
NYU Stern CSB Launched Alumni in Sustainable Finance Group
Since our founding five years ago, the NYU Stern Center for Sustainable Business has identified 800+ alumni working in sustainability-related fields, with a majority in positions related to finance, focusing on issues related to ESG, data and transparency, impact investing, green bonds, and more. We're delighted to have launched our Alumni in Sustainable Finance group in January 2020 to provide a forum for alumni to share and discuss thought leadership, compare best practices, and network to advance their careers in the field.
Involved alumni work in sustainable finance at firms including Amalgamated Bank, Calvert, Developing World Markets, i(x) investments, JP Morgan, Morgan Stanley, Rockefeller Capital Management, and S&P Global. Since the start of 2020, CSB has hosted other guest speakers including Herman Bril, Director of the United Nations Joint Staff Pension Fund (UNJSPF), Rashmi Khare, Vice President at Social Finance, Inc., and Serge Younes, Head of Sustainability at Investindustrial.
School's environmental commitment 3:
Social Impact & Sustainability Association (SISA)
Stern's Social Impact & Sustainability Association (SISA), a student organization, developed Stern's Sustainability Report to inform discussions and plans within the Stern community. Projects have included: the installation of new water fountains to reduce plastic bottle waste; a "Turn out the Lights" campaign; Stern KeepCups sold at-cost to reduce the use of disposable coffee cups (users benefit from discounts at local coffee shops), and an annual student-run conference centered on sustainability in business, to cite a few examples. Last year SISA's conference included several relevant sessions including "How Finance Is Changing for Sustainability and Social Impact," "The Evolving Role of Investors in Driving ESG Change," and "Impact Measurement: Monitoring, Assessing, and Delivering Results."
Save School
