The University of British Columbia
PA-13: Committee on Investor Responsibility

The Responsible Investment Committee is a working group mandated to advise the Finance Committee of the Board of Governors on matters of responsible investment policy. The Committee is responsible to the Board of Governors of the University for recommending how to integrate responsible investment into endowment investment processes. The Committee will also review Responsible Investment proposals received the Finance Committee of the Board or from University stakeholders.

The Committee consists of 9 members, excluding the ex officio members: • The Chair of the Finance Committee of the Board • 5 Members of the UBC Board of Governors appointed by the Chair of the Board in consultation with the Chair of Finance; one of which will be elected by Faculty, one elected by Staff, and one elected by Students • 1 Member of the UBC Alumni Association Board of Directors • 1 Member of the IMANT Board of Directors (independent) • The Vice‐President, Finance, Resources and Operations. Ex Officio Members • The Chair of the UBC Board of Governors • The President and Vice‐Chancellor of the University • The Chancellor of the University As outlined in UBC’s Endowment Responsible Investment Policy, the Committee will review Responsible Investment proposals that have broad support from University stakeholders and follow the criteria outlined in the Policy. For the purpose of review of a proposal, University stakeholders will be defined in the following constituencies: • Students • Faculty • Staff • Alumni In the case of a divestment proposal, evidence of support from at least 2 Constituencies via: - A referendum by the students of The University of British Columbia (as a system) that has achieved a majority (50% +1) and a quorum of at least 20% of eligible votes. - A referendum by the Faculty (across both campuses) that has achieved a majority (50% +1) and a quorum of at least 20% of eligible votes - A referendum by the Staff (across both campuses) that has achieved a majority (50% +1) and a quorum of at least 20% of eligible votes - A written request from the Alumni Association Board. Full details are available on UBC’s Endowment Responsible Investment Policy (http://treasury.ubc.ca/files/2014/04/ubc-endowment-responsible-investment-policy-apr2014.pdf) which was approved by the UBC Board of Governors in April 2014.

The Responsible Investment Committee was established in 2010 and has worked to develop the Endowment Responsible Investment Policy (http://treasury.ubc.ca/files/2014/04/ubc-endowment-responsible-investment-policy-apr2014.pdf) which was approved by the UBC Board of Governors in April 2014. The Committee has recommended and the UBC Investment Management Trust (IMANT) has joined the Canadian Coalition of Good Governance.