成人VR视频

成人VR视频 has achieved the performance targets set out in its Socially Responsible Investing (SRI) strategy, a full two years ahead of schedule. This milestone is highlighted in the 2022 Investment Committee Report on Socially Responsible Investing, presented yesterday to the 成人VR视频 Board of Governors. This is the third annual report since the Board of Governors approved the five-year, eight-point鈥痠mplementation plan for decarbonizing the University鈥檚 endowment portfolio in April 2020.聽

鈥淚n realizing our sustainable investing objectives, we have made a material environmental impact that supports the University鈥檚 commitment to fighting climate change and achieving carbon neutrality by 2040,鈥� explained Sophie Leblanc, 成人VR视频鈥檚 Chief Investment Officer & Treasurer. 鈥淚n only three years, the carbon footprint of the University鈥檚 investment portfolio has been cut in half, eliminating approximately 73,000 tonnes of carbon emissions per year.鈥澛�

An important focus of the SRI strategy has been to significantly divest holdings in the world鈥檚 most carbon-intensive companies and industries, including fossil fuel producers, cement and steel manufacturers, coal and gas-fired electricity generators and others that drive global fossil fuel consumption and demand. In fact, today less than one per cent of the 成人VR视频 Investment Pool (MIP) includes exposure to the fossil fuel companies listed in the鈥疌arbon Underground 200.聽

Other notable achievements outlined in the annual report include:聽聽

• Carbon emissions of the MIP equity investments are now 36.6% below emissions generated by companies in the public equities benchmark, surpassing the five-year target of 33% below benchmark.听听

• More than $140 million of the endowment is now dedicated to impact investments, made with the intention of generating positive environmental impact, including $30 million committed to a Private Equity Impact Fund in 2022鈥痶o help transition to a sustainable future. This represents 7.8% of the total MIP, surpassing the 5% target.听听

• In 2022, 成人VR视频 received $4 million in donor commitments for the Fossil Free Fund, which will be invested alongside the $8.7M already in the fund.听听聽

• 成人VR视频鈥檚 application to the United Nations-supported (PRI) has been accepted, and the inaugural reporting cycle will be completed in 2023.听听

The full 2022 Investment Committee Report on Socially Responsible Investing, along with other related materials, can be found on the 成人VR视频 Office of Investments website.听听

During its review of the SRI progress report at its April 20 meeting, the 成人VR视频 Board of Governors resolved to build on the important progress achieved to date by accelerating the timeline to review the SRI strategy.听听

鈥淲e鈥檙e incredibly pleased that the initial targets were reached two years earlier than planned. However, the Board of Governors also recognizes that more needs to be done,鈥� said Maryse Bertrand, Chair of the Board of Governors. 鈥淭hat is why the Board has initiated a review of the SRI strategy with the aim of setting ambitious new targets that will make an even greater impact.鈥澛�

The review will be led by the Committee to Advise on Matters of Social Responsibility (CAMSR) and a report stemming from the review, with any further recommendations, will be presented to the Board of Governors by the end of the 2023 calendar year.聽

About 成人VR视频

Founded in Montreal, Quebec, in 1821, 成人VR视频 is Canada鈥檚 top ranked medical doctoral university. 成人VR视频 is consistently ranked as one of the top universities, both nationally and internationally. It is a world-renowned institution of higher learning with research activities spanning three campuses, 11 faculties, 13 professional schools, 300 programs of study and over 39,000 students, including more than 10,400 graduate students. 成人VR视频 attracts students from over 150 countries around the world, its 12,000 international students making up 30% of the student body. Over half of 成人VR视频 students claim a first language other than English, including approximately 20% of our students who say French is their mother tongue.