Overall Rating Gold - expired
Overall Score 67.01
Liaison Connie Norton
Submission Date Oct. 29, 2014
Executive Letter Download

STARS v2.0

Simon Fraser University
PA-14: Sustainable Investment

Status Score Responsible Party
Complete 1.62 / 4.00 John Pierce
Assistant Treasurer
Financial Services Dept.
"---" indicates that no data was submitted for this field

Total value of the investment pool:
381,800,000 US/Canadian $

Value of holdings in each of the following categories::
Value of Holdings
Sustainable industries (e.g. renewable energy or sustainable forestry) 0 US/Canadian $
Businesses selected for exemplary sustainability performance (e.g. using criteria specified in a sustainable investment policy) 0 US/Canadian $
Sustainability investment funds (e.g. a renewable energy or impact investment fund) 4,500,000 US/Canadian $
Community development financial institutions (CDFIs) or the equivalent 11,000,000 US/Canadian $
Socially responsible mutual funds with positive screens (or the equivalent) ---
Green revolving loan funds that are funded from the endowment 1,000,000 US/Canadian $

A brief description of the companies, funds, and/or institutions referenced above:

Does the institution have a publicly available sustainable investment policy?:

A copy of the sustainable investment policy:

The sustainable investment policy:

Available in the SFU Policy Gazette at: http://www.sfu.ca/policies/gazette/board/B10-16.html

Does the institution use its sustainable investment policy to select and guide investment managers?:

A brief description of how the policy is applied, including recent examples:

-This Policy applies to all Endowment Funds and Non-Endowment Funds (Funds).
-The University is committed to responsible investment pursued through the framework of environmental, social, and corporate governance considerations.
-To the extent that it does not conflict with its investment objectives, the University has the authority to take action on ESG issues. Actions may include, but are not limited to:

· Proxy voting delegated to external investment managers

· Direct engagement with external investment managers

· Encouraging academic and other research on this theme

· Reporting through the UNPRI.

-The Policy has just recently been approved by the Board of Governors and therefore has no recent examples.

Does the institution's sustainable investment policy include negative screens?:

A brief description of the negative screens and how they have been implemented:

Approximate percentage of the endowment that the negative screens apply to:

Has the institution engaged in proxy voting, either by its CIR or other committee or through the use of guidelines, to promote sustainability during the previous three years?:

A copy of the proxy voting guidelines or proxy record:

A brief description of how managers are adhering to proxy voting guidelines:

As an upcoming signatory to the UN PRI the University is committed to being an active owner and to incorporating ESG issues into its ownership policies and practices, which includes proxy voting.

Has the institution filed or co-filed one or more shareholder resolutions that address sustainability or submitted one or more letters about social or environmental responsibility to a company in which it holds investments during the previous three years?:

Examples of how the institution has engaged with corporations in its portfolio about sustainability issues during the previous three years:

Does the institution engage in policy advocacy by participating in investor networks and/or engaging in inter-organizational collaborations to share best practices?:

A brief description of the investor networks and/or collaborations:

As an upcoming signatory to the UN PRI the University is committed to promoting acceptance and implementation of the UN Principles within the investment industry.

The website URL where information about the institution's sustainable investment efforts is available:

The information presented here is self-reported. While AASHE staff review portions of all STARS reports and institutions are welcome to seek additional forms of review, the data in STARS reports are not verified by AASHE. If you believe any of this information is erroneous or inconsistent with credit criteria, please review the process for inquiring about the information reported by an institution or simply email your inquiry to stars@aashe.org.