UBC's Sustainable Future Fund
UBC's Sustainable Future Fund passes another milestone.
The Board of Governors recognizes climate change is an important issue for a number of UBC stakeholders and donors, and respects their concerns and commitment. In response to those concerns, UBC is creating an alternative investment fund for the University Endowment that is low carbon and meets best practices for environmental, social, and governance factors.
At the recent meeting of UBC Endowment’s Responsible Investment Policy Committee—which reviews policy matters in relation to the investments of the Endowment—the committee reviewed Sustainable Future Fund recommendations from the administration. The recommendations, which included feedback from individuals and groups across campus, selected a low carbon, ex-fossil-fuel fund for the Sustainable Future Fund.