Overall Rating Silver - expired
Overall Score 55.05
Liaison Nicole Arsenault
Submission Date April 20, 2016
Executive Letter Download

STARS v2.0

York University
PA-13: Committee on Investor Responsibility

Status Score Responsible Party
Complete 2.00 / 2.00
"---" indicates that no data was submitted for this field

Does the institution have a formally established and active committee on investor responsibility (CIR) or similar body that has multi-stakeholder representation (i.e. includes faculty, staff, and students) and otherwise meets the criteria for this credit?:

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 York University Advisory Committee on Responsible Investment (YUACRI) believes that the integration of environmental, social and corporate governance (ESG) considerations into investment management processes and ownership practices is wise and aligned with the York University commitment to sustainability, social justice, equity and good governance. Our goals are to be inclusive, open and transparent in our activities which, according to our terms of reference, include:
• Provide venues that support the engagement of the broader York University community including faculty, staff, students, alumni and others regarding responsible investment. This will include hearing the concerns expressed by these communities regarding the investment of the University’s endowment fund.
• Identification of companies that may be involved in activities contrary to the University’s principles and beliefs, where active engagement by York’s investment managers would be warranted;
• Advice on proxy voting guidelines, including areas in which the University should invoke proxy voting;
• Advice about investments where investment managers can actively engage;
• Advice about circumstances in which stocks held by the University may cause social or environmental injury; and
• Identification of like-minded organizations, shareholder groups or coalitions, with which the University could potentially affiliate or become a member.

Members of the CIR, including affiliations and role (e.g. student, faculty, alumni):

-3 Faculty Members
-1 Non-Academic Staff
-3 Student Members
-Assistant Vice-President Finance and Chief Financial Officer
-University Treasurer

Examples of CIR actions during the previous three years:

Activities of 2013-2014 Include:
-Review of the “Terms of Reference” for the Committee
-Received a comprehensive presentation from University Administration on the Management of York’s Endowment
-Developed a “Vision Statement “ for the Committee

Shared information on the following:
-Research on implementing responsible investment (i.e., SHARE etc.)
-Proxy voting guidelines
-Responsible Investment Policies
-Information on how York dealt with the South African Divestment Campaign
-Proposals for the York University Committee on Responsible Investment (YCRI)
-Coalition of Universities for Responsible Investing (CURI) Benchmark Study
-Confirmed York’s signatories on registration list for mining and carbon disclosure transparency initiatives.

The website URL where information about the CIR is available:
Data source(s) and notes about the submission:

The information presented here is self-reported. While AASHE staff review portions of all STARS reports and institutions are welcome to seek additional forms of review, the data in STARS reports are not verified by AASHE. If you believe any of this information is erroneous or inconsistent with credit criteria, please review the process for inquiring about the information reported by an institution or simply email your inquiry to stars@aashe.org.