Overall Rating Gold - expired
Overall Score 73.90
Liaison Connie Norton
Submission Date Oct. 5, 2018
Executive Letter Download

STARS v2.1

Simon Fraser University
IN-25: Innovation B

Status Score Responsible Party
Complete 1.00 / 1.00 Anna Liu
Treasury Analyst
"---" indicates that no data was submitted for this field

Name or title of the innovative policy, practice, program, or outcome:
SFU moves to reduce the carbon footprint of its investments

A brief description of the innovative policy, practice, program, or outcome that outlines how credit criteria are met and any positive measurable outcomes associated with the innovation:

Strategic engagement and dialogue between SFU students, staff, faculty and administration resulted in the university making a move to decrease the carbon footprint of its investments. On November 24, 2016, SFU’s Board of Governors unanimously voted to reduce the carbon footprint of the institution’s investment portfolio by at least 30% by 2030. Furthermore, SFU amended its Responsible Investment Policy (B10.16) to address requests for divestments before its Responsible Investment Committee (RIC). As a signatory of the United Nations Principle for Responsible Investments (UNPRI), SFU is committed to being an active owner and directly engages with investment managers on environmental, social, and corporate governance considerations. As of June 30, 2017, 91% of SFU’s investment portfolio is managed by funds that are signatories of the UNPRI, and $137 million of SFU investments are managed by four investment managers that are fossil fuel free.

Which of the following impact areas does the innovation most closely relate to? (select up to three):
Campus Enagement
Investment & Finance

A letter of affirmation from an individual with relevant expertise or a press release or publication featuring the innovation :

The website URL where information about the programs or initiatives is available:
Additional documentation to support the submission:

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.