|Submission Date||Oct. 5, 2018|
|2.00 / 2.00||
Associate Vice-President Finance
Office of the Vice-President, Finance and Administration
The Responsible Investment Committee is a standing committee of the Board of Governors with the following responsibilities:
Investigate responsible investment concerns;
• Approve UNPRI reporting annually;
• Review Responsible Investment Policy (B10.16) and approve changes when required;
• Review and make recommendations related to responsible investment proposals;
• Address other matters as appropriate.
The Responsible Investment Committee's membership consists of 9 voting members:
• Chancellor (ex officio - voting)
• President (ex officio – voting)
• Chair of the Board (ex-officio – voting)
• Chair of the Investment Advisory Committee
• One student member of the Board
• One OIC member of the Board
• One faculty member of the Board
• The staff member of the Board
• One member of the Alumni Association Board of Directors
Five voting members of the Committee constitute a quorum.
In June 2016, SFU's Responsible Investment Committee (RIC) launched a community consultation process to seek input from the SFU community on a proposed amendment to the university’s existing Responsible Investment Policy (B10.16).
The amendment, titled section 5.5 Divestment, provides a framework whereby the RIC would review and respond to divestment requests received from the university community, which may be submitted due to possible environmental, social or governance concerns with the university investment. On September 30, 2016 SFU’s Responsible Investment Policy (B10.16) was updated to incorporate the amendment.
Shortly after the amendment to B10.16, SFU’s RIC further recommended the university measure the carbon footprint of the public equity portion of its investment portfolio and to commit to reducing the carbon footprint of its investment portfolio by at least 30% by 2030. This recommendation was approved by SFU’s Board of Governors on November 24, 2017.
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 and complete the Data Inquiry Form.