| Overall Rating | Gold - expired |
|---|---|
| Overall Score | 73.90 |
| Liaison | Connie Norton |
| Submission Date | Oct. 5, 2018 |
| Executive Letter | Download |
Simon Fraser University
PA-8: Committee on Investor Responsibility
| Status | Score | Responsible Party |
|---|---|---|
|
2.00 / 2.00 |
Alison
Blair Associate Vice-President Finance Office of the Vice-President, Finance and Administration |
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Does the institution have a formally established and active committee on investor responsibility (CIR) that makes recommendations to fund decision-makers on socially and environmentally responsible investment opportunities across asset classes?:
Yes
None
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:
The Responsible Investment Committee is a standing committee of the Board of Governors with the following responsibilities:
Investigate responsible investment concerns;
• Approve UNPRI reporting annually;
• Review Responsible Investment Policy (B10.16) and approve changes when required;
• Review and make recommendations related to responsible investment proposals;
• Address other matters as appropriate.
Does the CIR include staff representation?:
Yes
Does the CIR include faculty representation?:
Yes
Does the CIR include student representation?:
Yes
Members of the CIR, including affiliations and role (e.g. student, faculty, staff, alumni):
The Responsible Investment Committee's membership consists of 9 voting members:
• Chancellor (ex officio - voting)
• President (ex officio – voting)
• Chair of the Board (ex-officio – voting)
• Chair of the Investment Advisory Committee
• One student member of the Board
• One OIC member of the Board
• One faculty member of the Board
• The staff member of the Board
• One member of the Alumni Association Board of Directors
Five voting members of the Committee constitute a quorum.
None
Examples of CIR actions during the previous three years:
In June 2016, SFU's Responsible Investment Committee (RIC) launched a community consultation process to seek input from the SFU community on a proposed amendment to the university’s existing Responsible Investment Policy (B10.16).
The amendment, titled section 5.5 Divestment, provides a framework whereby the RIC would review and respond to divestment requests received from the university community, which may be submitted due to possible environmental, social or governance concerns with the university investment. On September 30, 2016 SFU’s Responsible Investment Policy (B10.16) was updated to incorporate the amendment.
Shortly after the amendment to B10.16, SFU’s RIC further recommended the university measure the carbon footprint of the public equity portion of its investment portfolio and to commit to reducing the carbon footprint of its investment portfolio by at least 30% by 2030. This recommendation was approved by SFU’s Board of Governors on November 24, 2017.
Optional Fields
Additional documentation to support the submission:
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Data source(s) and notes about the submission:
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