University of Ottawa

Endowment Value: $215.8 million (June 2018)

The University of Ottawa is a public university located in Ottawa, Ontario.  Approximately 42,500 students attend the university. The Finance and Treasury Committee manages the endowment.

As a signatory of the UN’s Principles for Responsible Investment (PRI) and Montreal Carbon Pledge (and the first Canadian university to do so), the University of Ottawa has “has made a public commitment to make investment decisions that consider ESG issues while taking appropriate steps to meet its fiduciary responsibilities to optimize investment returns”.

In April 2016, uOttawa’s Finance and Treasury Committee released a 19 page report describing the University’s response to addressing climate change in response to a request by the Board of Governors for uOttawa to consider the question of fossil fuel divestment. The report recognizes the role of the student-led Fossil Free uOttawa divestment campaign in sparking a debate about the role the University should play in the fight against global warming.

While UOttawa is currently not pursuing full divestment, uOttawa has committed to expanding actions towards an ESG-tilting portfolio such as increasing investments in clean technologies by creating a separate Clean Innovations Fund of $10 million for investment with uOttawa, by providing the initial seed capital from the long-term portfolio; and increasing exposure to investments in enterprises involved in creating and selling these technologies. It is also making considerable action towards reducing its carbon footprint across campus facilities and operations in addition to its investment strategies.


The University of Ottawa is a participant or member of the following Initiatives & Commitments:

  • AASHE STARS: Yes, Silver
  • ACUPCC: No
  • Billion Dollar Green Challenge: No
  • CDP: No
  • Committee on Investor Responsibility: No
  • Divestment Goal: Sort of (will not sell holdings but rather invest in clean technology)
  • INCR: No
  • Montreal Carbon Pledge: Yes
  • Sustainable Investment Fund: Yes
  • Sustainable Investment Policy: Yes
  • Principles for Responsible Investment: Yes


Other Sustainable Investing Practices and News:

Get up to date IEN News

Sign up for our Newsletters