| Overall Rating | Gold - expired |
|---|---|
| Overall Score | 74.42 |
| Liaison | Mary-Lee Townsend |
| Submission Date | Feb. 1, 2018 |
| Executive Letter | Download |
Western University
PA-8: Committee on Investor Responsibility
| Status | Score | Responsible Party |
|---|---|---|
|
0.50 / 2.00 |
Connor
Donald Sustainability Coordinator Facilities Management |
Does the institution have a formally established and active committee on investor responsibility (CIR) that makes recommendations to fund decision-makers on socially and environmentally responsible investment opportunities across asset classes?:
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 Investment Committee recognizes that environmental, social and governance (“ESG”) factors may have an impact on corporate performance over the long term, although the impact can vary by industry.
Given the relatively small size of the Fund and the fact that most investments are held in
pooled vehicles, it is not practical for the University to directly engage individual companies on ESG related issues, either through dialogue or by filing shareholder resolutions. Instead, the University will engage the external investment managers it hires to manage the Fund. The engagement will involve increasing the level of scrutiny on ESG factors. The University will maintain a registry, to be updated on an annual basis, with ESG related information on its external investment managers. The information may include, but is not limited to:
• the incorporation of ESG factors into the firm’s investment process;
• the firm’s target allocation for climate change related investments;
• the presence of a committee on sustainable investment;
• the portfolio’s exposure to fossil fuels, sustainable industries and high impact sectors;
and
• details about the firm’s proxy voting policy.
Does the CIR include staff representation?:
Does the CIR include faculty representation?:
Does the CIR include student representation?:
Members of the CIR, including affiliations and role (e.g. student, faculty, staff, alumni):
Douglas Greaves (HBA’72), Vice-President, Pension Fund & Chief Investment Officer, Canada Post Corporation Pension Plan
William Hewitt, Principal, William E. Hewitt & Associates
Rosamond Ivey (HBA’82), Managing Partner, JRS Group
Jim Knowles (BA’72, BSc’74, MBA’77),* Vice President, Finance, Blackburn Radio Inc
Richard H. Konrad (BA’75), Managing Partner, Portfolio Manager, Value Architects Asset Management, LLC
Douglas Porter (BA’82, MA’84), Chief Economist, BMO Capital Markets
Lee Sienna (HBA’74), Vice President, Long Term Equities, Ontario Teachers’ Pension Plan
David Stenason (BA’78),** Managing Director, Rempart Asset Management
Ex Officio
Martin Belanger, Director, Investments, Western University
Lynn Logan, Vice-President, Finance & Operations, Western University
Elizabeth Krische, Acting Associate Vice-President, Finance, Western University
Administrative Resource (non-voting)
Irene Birrell, University Secretariat, Western University
Dianne Stechly-Hoover, Director, Treasury Services, Western University
Examples of CIR actions during the previous three years:
N/A
The website URL where information about the programs or initiatives is available:
Additional documentation to support the submission:
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.