Kristy Lin
Consolidating Capital Expertise in the VPFO
We are pleased to announce the creation of a new Capital Financial Management team that will be responsible for the oversight and governance for UBC’s significant capital operations (i.e. over $1B ongoing/multi-year projects). The university’s capital accounting and capital reporting activities have historically been split between the Facilities group and the Comptroller’s team in the VP Finance & Operations […]
UBC Affirmed with “AA+” Rating from S&P
Credit rating agency S&P Global Ratings (formerly Standard & Poor’s) has re-affirmed UBC’s credit and senior unsecured debt ratings as “AA+”. The rating reports an expectation that “within our two-year outlook horizon, the university will maintain an excellent market position and demand profile.” The report acknowledges that, like other universities rated by the S&P, UBC […]
UBC evaluated as having “Outstanding Market Position” by Moody’s
Bond credit rating company Moody’s Investors Service (commonly referred to as “Moody’s”) has given UBC an Aa1 rating, reflecting “an outstanding market position supported by robust student demand, and a very strong research reputation which has historically allowed the university to generate strong operating results.” The rating also reflects “a large endowment fund and low […]
UBC Continues Commitment to Mitigating Climate Change, Signs Principles for Responsible Investment
Following UBC’s declaration of a climate emergency and commitment to two key divestment initiatives, the university is pleased to share that UBC Investment Management Trust (IMANT) has signed the internationally-developed Principles for Responsible Investment on behalf of UBC and the UBC Staff Pension Plan. This is a voluntary and aspirational set of six broad principles […]