Endowment Value: $71.18 million (June 2019)
The University of Winnipeg is a public university located in Winnipeg, Manitoba, Canada. Its endowment of $56.7 million is managed by the University of Winnipeg Foundation.
The University of Winnipeg’s Board of Regents adopted the University’s Campus Sustainability Policy and sustainability management framework in 2006 on the recommendation of the President’s Task Force on Sustainability, comprised of students, faculty, and staff. Since then, the institution has realized several sustainability achievements and received several sustainability awards.
In addition to joining the Intentional Endowments Network, in May 2017, the Board adopted a responsible investment policy so that the investment strategy of its endowment can better align with the University’ core values of furthering positive social change and awareness in everyday activities. Within this policy, the Foundation outlines that it will consider exclusions or “negative screening” when certain criteria such as “proven social, political, economic or environmental rationale” and “compelling evidence that divestment is an effective and singular way to achieve the desired outcome.” Furthermore, the Foundation states that it will expect its external managers to consider shareholder proposals on ESG issues and at times engage with companies as a shareholder. Winnipeg currently has holdings in at least one fossil fuel free pooled funds. The University of Winnipeg Students' Association has played a significant role in sparking and maintaining a conversation about fossil fuels.
The University of Winnipeg is a participant or member of the following Initiatives & Commitments:
- IEN Member (2017)
- AASHE STARS: Yes, Silver
- ACUPCC: No
- Billion Dollar Green Challenge: No
- CDP: No
- Committee for Investor Responsibility: No
- Divestment Goal: No
- INCR: No
- Montreal Carbon Pledge: No
- Sustainable Investment Fund: No
- Sustainable Investment Policy: Yes
- Principles for Responsible Investment: No
Other Sustainable Investing Practices and News:
- University of Winnipeg’s Fossil Fuel Free Pooled Fund
- University of Winnipeg Responsible Investing Policy
- Divestment Discussions