Overall Rating Gold
Overall Score 74.37
Liaison Manon Raby
Submission Date Dec. 24, 2024

STARS v3.0

Concordia University
IL-67: Innovation C

Status Score Responsible Party
Complete 1.00 / 1.00 Maha Fakih
Advisor, Sustainability & Invest
Office of the Treasurer
"---" indicates that no data was submitted for this field

Name of the innovative outcome, program, or initiative:
Sustainable investment and divestment

Does the innovation represent a new, extraordinary, unique, ground-breaking, or uncommon outcome, program, or initiative that addresses a sustainability challenge and is not covered by an existing credit?:
Yes

Narrative and/or website URL providing an overview of the innovation:

Concordia made several commiments in 2019 concerning its endowment fund, with the aim to achieve them by 2025:

Target: End all investments in the coal, oil and gas sectors for the Concordia University Foundation (CUF) 

  • As of April 30, 2024, 1.19% of the CUF investments are in coal, oil, and gas sectors.

Target: Achieve 100% sustainable investments for the Concordia University Foundation (CUF)

  • As of April 30, 2024, 69% sustainable investments has been achieved for the Concordia University Foundation.

Target: Achieve 10% in social or environmental impact investments for the Concordia University Foundation (CUF)

  • As of April 30, 2024, 5.21% in mission related impact investments has been achieved

Optional documentation

Notes about the information provided for this credit:
Additional documentation for this credit:
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