Kristy Lin
Supporting UBC’s sustainability strategies
VP Finance & Operations’ Procurement Services within Finance & Integrated Services and VP Research & Innovations’ Innovation Partnerships will be collaborating with the Canada Climate Law Initiative (CCLI) to support UBC’s sustainability strategies outlined in the Climate Emergency Task Force Report. Through this collaboration, Procurement Services will help deliver on our UBC sustainability strategies and […]
Read UBC’s 2023 Annual Financial Statements
The Annual Financial Statements for year ended March 31, 2023, is now available. UBC’s consolidated financial statements reflect the assets, liabilities, revenues and expenses of UBC, covering the fiscal year from April 1 to March 31. They are prepared according to accounting standards, audited by our external auditors and reported to the Province. The 2022/23 fiscal […]
UBC Investment Management releases 2022-23 Performance Results
UBC Investment Management is pleased to release FY22-23 performance highlights on behalf of the funds the firm manages: the UBC Main Endowment Pool and the UBC Staff Pension Plan (SPP). All results as of March 31, 2023.
Read the 2023 Endowment update
Every year, the university provides a summary report for each endowed fund to the designated donor contact. It includes information on the impact that endowments are providing to our students, faculty members, programs and the community. The report also details the financial activity in the endowment account for the previous fiscal year. The 2023 University […]
UBC publishes first Task Force on Climate-Related Financial Disclosures (TCFD) Report
In 2018, the Canadian government formally endorsed the adoption of Task Force on Climate-Related Financial Disclosures (TCFD) recommendations by all Canadian organizations to support Canada’s commitment to the Paris Agreement. The Task Force on Climate-Related Financial Disclosures (TCFD) recommendations were created by the Financial Stability Board to provide external stakeholders of an organization with the necessary […]
2022 Statement of Financial Information (SOFI) now available
UBC is committed to being transparent in our financial reporting. The BC Financial Information Act requires that public institutions publish certain supplementary information. The annual report includes payments to suppliers in excess of $25,000, employee salaries above $75,000, remuneration for our Board of Governors, and details of outstanding debt. The 2022 Financial Information Act Report […]
UBC’s Financial Results for 2021/2022
The UBC community demonstrated remarkable dedication and resilience in the 2021/22 fiscal year. Despite the continued challenges of the COVID-19 pandemic, the community came together to ensure a safe return to campus and to provide the best experience possible for our students. Our audited financial statements have been approved by UBC’s Board of Governors and […]
Changes to UBC Service Levy
The UBC services levy is used to run the community centres, athletic and cultural facilities, and to maintain public spaces and infrastructure within UBC neighbourhoods. The Services Levy Notices issued in 2022 will be due on August 8, 2022. Please note that the drop box services at the Wesbrook Community Centre for UBC Service Levy […]
UBC IMANT Releases Inaugural 2021 Responsible Investing Report
UBC Investment Management Trust (UBC IMANT) has created and shared its inaugural 2021 Responsible Investing Report. Working with key stakeholders, UBC IMANT has worked to develop and advance a comprehensive Responsible Investment Strategy to inform their work and decision-making as well as look to embed environmental, social, and governance (ESG) considerations and principles within their investment […]
The C.D. Howe Institute ranks UBC first in both climate change & endowment activities and their governance
Independent non-profit research institute The C.D. Howe Institute ranked UBC first in Climate Change and Endowment Activities, tied for top score with McMaster University, with an overall score of 4.2. UBC also placed first in Climate-change Governance practices, scoring 4.9 out of 5.0. In 2020, UBC joined 16 major Canadian universities to launch Investing to […]