Overall Rating Silver - expired
Overall Score 53.92
Liaison Patricia Huynh
Submission Date Oct. 26, 2021

STARS v2.2

University of Waterloo
PA-9: Committee on Investor Responsibility

Status Score Responsible Party
Complete 0.00 / 2.00 Mat Thijssen
Sustainability Manager
Sustainability Office
"---" 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?:
No

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:
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Does the CIR include academic staff representation?:
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Does the CIR include non-academic staff representation?:
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Does the CIR include student representation?:
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Members of the CIR, including affiliations and role:
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None
Examples of CIR actions during the previous three years:
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Optional Fields 

Website URL where information about the institution’s committee on investor responsibility is available:
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Additional documentation to support the submission:
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Data source(s) and notes about the submission:
While Waterloo does not currently have a committee on investor responsibility, the University of Waterloo formed the Responsible Investment Working Group of the Board of Governors in 2017. The mandate of this working group was to make recommendations to the Board of Governors through the appropriate committees and subcommittees (outlined below) as to whether and how to incorporate environmental, social and governance (ESG) factors into decision making regarding the investment of the endowment and pension funds. This resulted in the adoption of ESG principles within Waterloo’s investing guidelines and the University of Waterloo becoming a signatory to the United Nations Principles for Responsible Investing.
In 2020, Waterloo formed the Responsible Investing Advisory Group to provide further recommendations for actions to integrate climate change specifically within investing decisions. Similarly, the mandate was to determine whether and how to incorporate climate-related risks and opportunities within investing decisions for both the endowment and pension funds. This resulted in a report with recommendations to reduce the carbon intensity of Waterloo’s investment portfolios over time and other factors to integrate climate change considerations, and was endorsed by the Board of Governors in June 2021.

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