Simon Fraser University
Investment Portfolio Carbon Footprint Document 2024
Pages
9
Time to read
9 mins
Publication
Language
English
Pages
9
Time to read
9 mins
Publication
Language
English
This document is a technical report detailing Simon Fraser University's (SFU) initiatives to reduce the carbon footprint of its investment portfolio. The university aims for a 45 percent reduction by 2025 and has achieved a 69 percent reduction as of March 2023, exceeding its target. SFU has committed to full divestment from fossil fuels by the end of 2025, having already eliminated fossil fuel investments from its global equity portfolio. The report outlines SFU's alignment with the Task Force on Climate-related Financial Disclosures (TCFD) to enhance climate-related financial reporting. It describes the establishment of the Responsible Investment Committee, which guides the university's Environmental, Social, and Governance (ESG) integration. The report also discusses the metrics and targets for measuring carbon emissions and the strategies employed to mitigate climate-related risks. SFU's progress and future goals are documented, emphasizing its commitment to sustainability and responsible investment practices.