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The report examines the American Society for Engineering Education (ASEE), finding that while the organization promotes sustainable engineering in its ethics code and conferences, it lacks transparency regarding its $2.55 million investment portfolio. Scientists for Global Responsibility (SGR) highlights that ASEE accepts significant funding from fossil fuel company Chevron as a "Champion Partner" and arms company Boeing as a "Contributing Partner." SGR argues that these ties contradict the goals of the Paris Agreement and pose financial and reputational risks, urging a transition toward renewable energy investments and the divestment of fossil fuel patrons.

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  • The ASEE holds $2.55 million in publicly traded securities as of December 2019, but provides no public disclosure of where these investments are held.
  • The ASEE's investment portfolio includes a 2.58% allocation to 'energy', though the organization is uncertain how much of this is specifically related to fossil fuels.
  • The ASEE maintains corporate partnerships with companies in the fossil fuel and arms sectors, specifically listing Chevron as a "Champion Partner" (donations over $75,000) and Boeing as a "Contributing Partner" (donations between $25,000 and $50,000).
  • Despite its financial ties, the ASEE incorporates sustainability into its professional standards, including a 2020 Code of Ethics that notes the need for sustainable development and social justice.
  • SGR expresses concern that ASEE's investments are managed by TIAA, an investment manager reported to hold $12.72 billion in fossil fuels across 76 funds, representing 5.21% of its assets in that sample.
  • SGR argues that divestment from fossil fuels is necessary to meet Paris Agreement targets, noting that lower share prices increase capital costs for the industry and decrease their ability to explore new resources.

Cite the original document

APA
Scientists for Global Responsibility (n.d.). The American Society for Engineering Education. https://www.sgr.org.uk/sites/default/files/2022-02/American_Society_for_Engineering_Education_Report.pdf
Chicago
Scientists for Global Responsibility. The American Society for Engineering Education. n.d. https://www.sgr.org.uk/sites/default/files/2022-02/American_Society_for_Engineering_Education_Report.pdf.
Wikipedia
{{cite report |author=Scientists for Global Responsibility |title=The American Society for Engineering Education |url=https://www.sgr.org.uk/sites/default/files/2022-02/American_Society_for_Engineering_Education_Report.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
BibTeX
@techreport{scientistsforglobalresponsibilityndamerican, author = {{Scientists for Global Responsibility}}, title = {{The American Society for Engineering Education}}, institution = {Scientists for Global Responsibility}, url = {https://www.sgr.org.uk/sites/default/files/2022-02/American_Society_for_Engineering_Education_Report.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }

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