Concordia University
PAE-T2-6: Socially Responsible Retirement Plan

The purpose of the Responsible Investment Policy is to create a framework to guide the implementation of responsible investment practices in accordance with the Plan’s Statement of Investment Policies and Procedures. 2.0 STATEMENT OF RESPONSIBLE INVESTMENT BELIEFS In implementing its investment activities, the Committee is guided by the following principles: The responsible investment policy will be implemented in a manner consistent with the fiduciary duty owed to plan members and beneficiaries, as defined in its internal regulations. The Plan’s funds are invested to achieve a rate of return that meets the Plan’s obligation without undue risk of loss. To the degree that it does not conflict with the primary objective of the Plan, the Committee will consider responsible investment principles in the conduct of its affairs. Environmental, social and governance risks may damage companies’ reputations, which in turn can lead to financial underperformance. The disclosure of information on corporate environmental, social and governance performance will help investors better assess the above risks and opportunities in the companies in which they invest. Fair, efficient and sustainable capital markets require the active involvement of all market participants, including pension funds. Consistent with its duty to plan members and beneficiaries, the Committee will make reasonable efforts to convince Fund managers to invest in a manner that promotes environmental sustainability and high standards of corporate social responsibility and corporate governance.