In February 2016, the university received a letter from a group of faculty members recommending that the university divest from fossil fuels. The university presented the letter to the Board of Governors, and recommended the establishment of a working group to develop a policy on responsible investing.
The composition of the working group and its mandate were approved in September 2016. The working group invited interested members of the university community to share their perspectives on this issue. The working group facilitated a number of different methods of consultation in order to gather as much feedback as possible. There was an opportunity to submit written comments, and two public feedback sessions held in early March 2017. The working group also contacted community leaders and others to arrange for in person meetings.
The working group continues to gather information and discuss options, and will present its recommendations to the Joint Finance and Investments Committee and Pension Committee for review prior to seeking approval of the Board of Governors. The final recommendations will be released to the community when approved.
For more information, contact the University Secretariat.
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