RI at Canadian Universities
‘Universities educate most of the people who develop and manage society’s institutions. For this reason, universities bear profound responsibilities to increase the awareness, knowledge, technologies, and tools to create an environmentally sustainable future.’
– Talloires Declaration, ULSF, 1990
Universities are responsible for the creation and dissemination of knowledge, for the instruction of technical skills required to manage complex human and natural systems and for inculcating forms of proper behaviour among young people.
To accomplish these goals, society grants universities a great deal of autonomy and resources. Funds or property donated to a University – the institution’s endowment – provide financial support for research and education.
In order to provide a sustainable benefit to current and future generations of students, faculty and employees, universities and their endowments must exist in perpetuity.
In recent years, colleges and universities have been called on to manage their investments and institutional practices in ways that reflect the values of their communities. In response, a growing number of institutions are implementing Responsible Investment (RI) policies and creating multi-stakeholder groups to advise their trustees on ways of integrating environmental, social and governance (ESG) factors into the management of universities’ endowments and pension funds.
Click here to find out what universities in Canada are doing to incorporate ESG considerations into their investment decisions and practices.
Click here to find out what universities in the United States are doing to incorporate ESG considerations into their investment decisions and practices.