Overall Rating Gold
Overall Score 74.20
Liaison Juanita Van Norman
Submission Date Aug. 5, 2022

STARS v2.2

University of Manitoba
PA-9: Committee on Investor Responsibility

Status Score Responsible Party
Complete 2.00 / 2.00 Robin Campbell
Manager
Treasury Services
"---" 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:

The Responsible Investing Committee (RIC) was formed in 2020 as a subcommittee of the Trust Investment Committee for the purpose of advising and recommending environmentally and socially responsible investments in the University endowment funds.

The RIC is tasked with making a policy on Responsible Investing and making recommendations to the Trust Investment Committee as they pertain to responsible investing covering environmental, social, and governance (ESG) issues, active ownership and proxy voting, Indigenous reconciliation, impact investing and other issues that may be determined.

As of January 2022, going forward the Responsible Investment Committee will be focusing on:
- Recommending a draft Responsible Investment Policy for adoption by UM’s Board of Governors
- Recommending targets and dates for reducing the endowment fund’s carbon footprint
- Recommending impact investment opportunities with Indigenous organizations
- Continuing education and engaging with stakeholders and leaders in ESG
- Engaging with the UM community on all issues related to responsible investing


Does the CIR include academic staff representation?:
Yes

Does the CIR include non-academic staff representation?:
Yes

Does the CIR include student representation?:
Yes

Members of the CIR, including affiliations and role:

Will Christie – Chair – Information Technology Services
Lance McKinley – Director, Treasury Services
Michael Benarroch – President and Vice-Chancellor
Bruce Erickson – Associate Professor, Environment and Geography
Carla Buchanan – Manager, Financial Services
Christie Nairn – Director, Sustainability Office
Mark Hudson – Professor, Sociology
Mathew Scammell – Undergraduate Student
Mya Wheeler – Graduate Student
Robin Campbell – Manager, Treasury Services
Susan Prentice – Professor, Sociology, and University of Manitoba Board of Trustees
John Smith – Trust Investment Committee member
Zoe Richardson – Trust Investment Committee member


Examples of CIR actions during the previous three years:

Following the establishment of the committee, it has been tasked with developing its Terms of Reference and a Responsible Investing Policy. It has established the measurement of preliminary carbon footprint calculations and supported the Trust Investment Committee on the engagement of the Shareholder Association for Research and Education (SHARE) to promote active shareholder representation and proxy voting.


Website URL where information about the institution’s committee on investor responsibility is available:
Additional documentation to support the submission:
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The University's Trust Investment Committee integrates consideration of responsible investment as part of its mandated scope.
http://umanitoba.ca/admin/vp_admin/treasury_services/trust_and_endowment.html

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