| Overall Rating | Gold |
|---|---|
| Overall Score | 65.89 |
| Liaison | Jonathan Rausseo |
| Submission Date | Nov. 25, 2021 |
University of Ottawa
PA-9: Committee on Investor Responsibility
| Status | Score | Responsible Party |
|---|---|---|
|
0.50 / 2.00 |
Tom
Valks Chief Investments Officer Pension Fund Investment Management |
"---"
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 Finance and Treasury Committee (“Committee”) determines the approach and related actions taken to promote the principles of responsible investment in a manner that is consistent with the industry best practices framework established by the PRI. The approach and related actions facilitate the ability to collaborate with other investors and undertake engagement initiatives, which is the most effective method to achieve positive changes with respect to ESG issues.
Does the CIR include academic staff representation?:
No
Does the CIR include non-academic staff representation?:
Yes
Does the CIR include student representation?:
No
Members of the CIR, including affiliations and role:
MEMBERS
Dane Bedward
Principal
Dane Bedward Associates
End of mandate: 2021-06-30
Kathryn Butler Malette
Former Chief Human Resources Officer, Human Resources, Corporate Planning and Communications Services
The House of Commons of Canada
End of mandate: 2021-06-30
James C.L. Clark
President
Dunhelm Consulting
(Treasury Component)
End of mandate: 2020-10-23
Stephen A. Cotsman
(Treasury Component)
End of mandate: 2020-10-23
Jacques Frémont
President and Vice-Chancellor
End of mandate: 2021-06-30
Stéphane Giguère
Chief Executive Officer
Ottawa Community Housing Corporation
End of mandate: 2022-06-30
François Guimont
Former Deputy Minister of Public Safety Canada
Enf of mandate: 2023-06-30
RESOURCES
Anne Bauer
Chief of Staff
Office of the Secretary-General
Non member
Zainab Karouni
Governance Officer
Office of the Secretary-General
Non member
Dane Bedward
Principal
Dane Bedward Associates
End of mandate: 2021-06-30
Kathryn Butler Malette
Former Chief Human Resources Officer, Human Resources, Corporate Planning and Communications Services
The House of Commons of Canada
End of mandate: 2021-06-30
James C.L. Clark
President
Dunhelm Consulting
(Treasury Component)
End of mandate: 2020-10-23
Stephen A. Cotsman
(Treasury Component)
End of mandate: 2020-10-23
Jacques Frémont
President and Vice-Chancellor
End of mandate: 2021-06-30
Stéphane Giguère
Chief Executive Officer
Ottawa Community Housing Corporation
End of mandate: 2022-06-30
François Guimont
Former Deputy Minister of Public Safety Canada
Enf of mandate: 2023-06-30
RESOURCES
Anne Bauer
Chief of Staff
Office of the Secretary-General
Non member
Zainab Karouni
Governance Officer
Office of the Secretary-General
Non member
None
Examples of CIR actions during the previous three years:
Annually update measurements that tracking and shifting long term portfolio away from fossil fuels. This has involved increasing investment allocation in an equities index portfolio that consists of low carbon intensity companies which represents a carbon intensity reduction of 64% when compared with an overall market index for this allocation.
At various meetings, the Finance and Treasury Committee evaluated a number of options for the development of a Clean Innovation Fund. These discussions centred on the investment structure and the risk and return objectives of such a fund, along with implementation options. While investment staff continue to look for and research investment opportunities, the initial allocation of $10 million is invested in a Canadian Green Bond mandate.
At various meetings, the Finance and Treasury Committee evaluated a number of options for the development of a Clean Innovation Fund. These discussions centred on the investment structure and the risk and return objectives of such a fund, along with implementation options. While investment staff continue to look for and research investment opportunities, the initial allocation of $10 million is invested in a Canadian Green Bond mandate.
Optional Fields
Additional documentation to support the submission:
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Data source(s) and notes about the submission:
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