| Overall Rating | Gold |
|---|---|
| Overall Score | 71.07 |
| Liaison | Julien-Pierre Lacombe |
| Submission Date | March 4, 2022 |
École de Technologie Supérieure
PA-9: Committee on Investor Responsibility
| Status | Score | Responsible Party |
|---|---|---|
|
0.50 / 2.00 |
Suzanne
Bélanger Directrice Service aux diplômés et à la philanthropie |
"---"
indicates that no data was submitted for this field
Does the institution have a formally established and active committee on investor responsibility (CIR) or equivalent body?:
Yes
The charter or mission statement of the CIR or other body which reflects social and environmental concerns or a brief description of how the CIR is tasked to address social and environmental concerns:
Investment Policy of the ÉTS Development Fund (FDÉTS):
Article 3.2: PRINCIPLE OF SUSTAINABLE INVESTMENT - No securities will be purchased from companies whose revenues are derived primarily from fossil fuels.
Article 3.2: PRINCIPLE OF SUSTAINABLE INVESTMENT - No securities will be purchased from companies whose revenues are derived primarily from fossil fuels.
Does the CIR include academic staff representation?:
No
Does the CIR include non-academic staff representation?:
Yes
Does the CIR include student representation?:
No
Members of the CIR, including affiliations and role:
INVESTMENT COMMITTEE - The role of the Investment Committee is to:
- Ensure that the assets of the ÉTS Development Fund (FDETS) are managed in accordance with this Investment Policy;
- Meet at least once a year with the manager(s);
- Conduct an evaluation of each manager and report to the Board of Directors. This evaluation will include, but is not limited to: the performance of the manager compared to the performance of the benchmark portfolio, adherence to established objectives and constraints, adherence to the manager's management style and investment philosophy, quality of reporting provided, content of compliance reports, adherence to the code of conduct, and turnover of the manager;
- Recommend to the Board of Directors improvements or changes to this Investment Policy;
- Recommend to the Board of Directors the selection of the Manager(s);
- Approve the appointment of the custodian;
- And report on its activities to the Board of Directors and, if necessary, advises it of any exceptional
and report to the Board of Directors and, if necessary, advise it of any exceptional situations.
The members of the Investment Committee are:
CHAIRMAN :
Jacques Lavallée, Senior Advisor Internal Audit, National Bank
MEMBERS :
Nancy Rancourt, Director, Member Services and Operations, RISQ
Geneviève Tanguay, Vice-President, Emerging Technologies, NRC
PERSONS CALLED :
François Gagnon, Director General, ÉTS
Élaine-Annie Bédard, Director of Finance, ÉTS
Jean Belzile, Director of Strategic Development and Resources, ÉTS
Wissam Moussa, Director of the Internal Audit Office, ÉTS
External Auditor (if applicable)
SECRETARY :
Me Cédrick Pautel, Secretary General, ÉTS
- Ensure that the assets of the ÉTS Development Fund (FDETS) are managed in accordance with this Investment Policy;
- Meet at least once a year with the manager(s);
- Conduct an evaluation of each manager and report to the Board of Directors. This evaluation will include, but is not limited to: the performance of the manager compared to the performance of the benchmark portfolio, adherence to established objectives and constraints, adherence to the manager's management style and investment philosophy, quality of reporting provided, content of compliance reports, adherence to the code of conduct, and turnover of the manager;
- Recommend to the Board of Directors improvements or changes to this Investment Policy;
- Recommend to the Board of Directors the selection of the Manager(s);
- Approve the appointment of the custodian;
- And report on its activities to the Board of Directors and, if necessary, advises it of any exceptional
and report to the Board of Directors and, if necessary, advise it of any exceptional situations.
The members of the Investment Committee are:
CHAIRMAN :
Jacques Lavallée, Senior Advisor Internal Audit, National Bank
MEMBERS :
Nancy Rancourt, Director, Member Services and Operations, RISQ
Geneviève Tanguay, Vice-President, Emerging Technologies, NRC
PERSONS CALLED :
François Gagnon, Director General, ÉTS
Élaine-Annie Bédard, Director of Finance, ÉTS
Jean Belzile, Director of Strategic Development and Resources, ÉTS
Wissam Moussa, Director of the Internal Audit Office, ÉTS
External Auditor (if applicable)
SECRETARY :
Me Cédrick Pautel, Secretary General, ÉTS
None
Examples of CIR actions during the previous three years:
In 2020, the Investment Policy of the ÉTS Development Fund (FDÉTS) was adopted. This included, among other things, the principle of sustainable investment which discloses the action of the ÉTS which proceeded, as of 2019, to a complete divestment from fossil fuels.
Optional Fields
Additional documentation to support the submission:
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Data source(s) and notes about the submission:
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