Harvard University has opened a Office of Sustainability. This marks the formalization of the long running Campus Green Initiative at Harvard. The creation of this organization is tied to the University’s long-term energy use. The goal they are aiming for is simple:

30% reduction from 2006 campus-wide greenhouse gas emissions by 2016.

The office has an interesting business model for funding insofar as only 20% of their operating expenses comes from the Harvard’s general fund. The other 80% is generated from working with various University departments on a fee-for-service basis to produce energy and cost savings on building maintenance and construction, and to help each department adopt green policies in operations and procurements. Way to go Harvard!