| Overall Rating | Gold |
|---|---|
| Overall Score | 69.86 |
| Liaison | Nicole Arsenault |
| Submission Date | April 3, 2024 |
York University
PA-9: Committee on Investor Responsibility
| Status | Score | Responsible Party |
|---|---|---|
|
2.00 / 2.00 |
"---"
indicates that no data was submitted for this field
Does the institution have a formally established and active committee on investor responsibility (CIR) or equivalent body?:
Yes
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:
Institutionally, York’s Sustainability Strategy clearly states our commitment to sustainable investing - ""PL3: York University integrates sustainability into its overall financial plan, integrated resource plans and procurement, and is a responsible investor with respect to sustainability.
The Investment Committee (IC) is a Standing Committee of the Board of Governors that provides advice and oversight to the Board and the University regarding investment responsibilities for all invested funds. Statement of Investment Policy and Procedures (SIP&P) covers sustainable investing and the IC is responsible for it. The Statement of Beliefs for Sustainable Investing is covered in sections 3.10-3.16 of SIP&P. Implementing Sustainable Investing is covered in sections 3.17-3.21 of SIP&P.
Link to SIP&P: https://www.yorku.ca/secretariat/wp-content/uploads/sites/107/2023/03/SIPP-6December2022.pdf"
The Investment Committee (IC) is a Standing Committee of the Board of Governors that provides advice and oversight to the Board and the University regarding investment responsibilities for all invested funds. Statement of Investment Policy and Procedures (SIP&P) covers sustainable investing and the IC is responsible for it. The Statement of Beliefs for Sustainable Investing is covered in sections 3.10-3.16 of SIP&P. Implementing Sustainable Investing is covered in sections 3.17-3.21 of SIP&P.
Link to SIP&P: https://www.yorku.ca/secretariat/wp-content/uploads/sites/107/2023/03/SIPP-6December2022.pdf"
Does the CIR include academic staff representation?:
Yes
Does the CIR include non-academic staff representation?:
Yes
Does the CIR include student representation?:
Yes
Members of the CIR, including affiliations and role:
Jacques Demers, Chair (Board of Governors, former CEO of the strategic investment division of the Ontario Municipal Employees Retirement System (OMERS))
Guy Burry (Alumni, long term volunteer)
Jose Etcheverry (academic staff, Professor, Faculty of Environment and Urban Change)
David Garg (Board of Governors, alumni, managing director Scotiabank)
Rhonda Lenton, President (non-academic staff)
Carole Malo (Board of Governors, former global finance and business executive )
David Semaan (graduate student)
Ken Silver (Board of Governors, former CEO of CT REIT)
Mary Traversy (Board of Governors, former COO of Canada Post)
Paul Tsaparis, Chair of the Board (former CEO of HP Canada)
Pascal Robichaud, Secretary (non academic staff)
Leikha Bisera, Assistant Secretary (non-academic staff)
Guy Burry (Alumni, long term volunteer)
Jose Etcheverry (academic staff, Professor, Faculty of Environment and Urban Change)
David Garg (Board of Governors, alumni, managing director Scotiabank)
Rhonda Lenton, President (non-academic staff)
Carole Malo (Board of Governors, former global finance and business executive )
David Semaan (graduate student)
Ken Silver (Board of Governors, former CEO of CT REIT)
Mary Traversy (Board of Governors, former COO of Canada Post)
Paul Tsaparis, Chair of the Board (former CEO of HP Canada)
Pascal Robichaud, Secretary (non academic staff)
Leikha Bisera, Assistant Secretary (non-academic staff)
Examples of CIR actions during the previous three years:
The Sustainable Investing Report reflects the University’s pledge to report to the community on how the University integrates ESG practices in the management of its portfolio. A notable action during the previous three years is a commitment of $90 M (~14% of endowment portfolio) to sustainable infrastructure.
Website URL where information about the institution’s committee on investor responsibility 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.