Overall Rating | Gold - expired |
---|---|
Overall Score | 82.53 |
Liaison | Pierre Lemay |
Submission Date | Dec. 23, 2016 |
Executive Letter | Download |
Université Laval
PA-9: Sustainable Investment
Status | Score | Responsible Party |
---|---|---|
0.67 / 4.00 |
Pierre
Lemay Development Advisor Office of the Vice Rector, External and International Affairs and Health |
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indicates that no data was submitted for this field
Option 1: Positive Sustainability Investment
Yes
Total value of the investment pool:
189,000,000
US/Canadian $
Value of holdings in each of the following categories:
Value of Holdings | |
Sustainable industries (e.g. renewable energy or sustainable forestry) | 0 US/Canadian $ |
Businesses selected for exemplary sustainability performance (e.g. using criteria specified in a sustainable investment policy) | 0 US/Canadian $ |
Sustainability investment funds (e.g. a renewable energy or impact investment fund) | 0 US/Canadian $ |
Community development financial institutions (CDFIs) or the equivalent | 0 US/Canadian $ |
Socially responsible mutual funds with positive screens (or the equivalent) | 0 US/Canadian $ |
Green revolving loan funds that are funded from the endowment | 0 US/Canadian $ |
If any of the above is greater than zero, provide:
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Percentage of the institution's investment pool in positive sustainability investments:
0
Option 2: Investor Engagement
Yes
Sustainable Investment Policy
No
None
A copy of the sustainable investment policy:
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None
The sustainable investment policy:
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None
Does the institution use its sustainable investment policy to select and guide investment managers?:
Yes
None
A brief description of how the policy is applied, including recent examples:
Upon selection, the investment committee takes into account the ratification of the UNPRI by the fund managers and the use of a sustainable investment policy. Also, the investment committee review its sustainable investment practices in its annual report. Finally, the committee is regularly evaluating new sustainable investment practices to implement.
Proxy Voting
Yes
None
A copy of the proxy voting guidelines or proxy record:
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None
A brief description of how managers are adhering to proxy voting guidelines:
Université Laval and Université Laval Foundation have retained the services of Groupe investissement responsable inc. (GIR) to carry out proxy voting on their behalf for the segregated stocks portion of the common investment portfolio. The votes are cast according to the Caucus Policy developed by GIR and reviewed annually with inputs by the clients. The policy is described by GIR as “the most progressive voting-rights policies in the industries. It is a product of the collaborative effort between GIR experts and the clients who use it.” The votes for the funds portion of the investment portfolio are cast according to the manager’s policy, which is taking into account upon selection and reviewed periodically.
Shareholder Resolutions
No
None
Examples of how the institution has engaged with corporations in its portfolio about sustainability issues during the previous three years:
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Negative Screens / Divestment Efforts
No
None
A brief description of the negative screens and how they have been implemented:
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None
Approximate percentage of the endowment that the negative screens apply to:
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Investor Networks
No
None
A brief description of the investor networks and/or collaborations:
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Optional Fields
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Additional documentation to support the submission:
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Data source(s) and notes about the submission:
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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.