Endowment Value: $336.7 million (June 2018)
Simon Fraser University is a public university, with campuses located in Burnaby, Surrey, and Vancouver, British Columbia. SFU’s endowment is managed by the SFU Community Trust.
In 2014,SFU became the second Canadian university to become a signatory of the United Nations Principles for Responsible Investment (UNPRI). As a signatory, SFU has pledged to be an active investment owner and thus take actions including but not limited to proxy voting, direct engagement, encouraging research on responsible investment, and reporting through UNPRI.
SFU’s Responsible Investment Committee (RIC) is responsible for reviewing ESG issues at SFU, including those raised by University community members For example, SFU’s Board of Governors approved a recommendation initiated by the RIC to 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. According to its 2018 report for AASHE STARS (a self-reporting framework for colleges and universities to measure their sustainability performance), SFU's sustainable investment holdings are balanced across global private equity clean technology funds, global sustainable equity funds as well as fossil fuel free global and US equity managers.
Simon Fraser University is a participant or member of the following Initiatives & Commitments:
- AASHE STARS: Yes, Gold
- ACUPCC: No
- Billion Dollar Green Challenge: No
- CDP: No
- Committee for Investor Responsibility: Yes: The Responsible Investment Committee (Committee 6.)
- Divestment Goal: No
- INCR: No
- Montreal Carbon Pledge: No
- Sustainable Investment Fund: Yes
- Sustainable Investment Policy: Yes
- Principles for Responsible Investment: Yes
Other Sustainable Investing Practices: