2011 Inaugural Symposium Video & Report
CURI’s 2011 Inaugural Symposium
Canadian universities are leaders in integrating sustainability and social considerations into their purchasing policies, campus planning, and research agendas. However, their leadership in applying these same values to their investments is lacking compared to European and American universities.
Omar Dominguez, CURI’s co-founder, stated that adopting responsible investing practices is not just about ethics as it also makes sense financially in the long term. “Universities are endangering more than their reputations,” said Mr. Dominguez. “They are also putting endowments and pension funds at risk.”
This was the message we delivered to university administrators at our inaugural symposium, held in Victoria on June 21, 2011. Nearly 50 university trustees, faculty, finance experts and students gathered, and 30 participated remotely, to discuss the potential of adopting responsible investment policies at universities. This was our first step in creating a national movement to bring environmental, social and governance (ESG) concerns into the management of university endowments and pension funds.
The Symposium’s theme – Creating Value, Making a Difference – highlighted the benefits to universities of better incorporating ESG issues into their investment decision making and adopting a responsible investing framework.