We have received some questions about the Responsible Investing Working Group, which is tasked with making recommendations about whether and how to incorporate environmental, social and governance (ESG) factors into decision making for the investment of the university’s endowment and pension funds.
This working group was created in good part in response to approaches by faculty, students, and staff with interests and concerns about how the university invests, in particular calls for the University to divest from fossil fuels. It is a working group of the Board of Governors, since it is the Board that has primary oversight of investments. The FAUW representative is Alan Macnaughton who is also a member of the Pension and Benefits Committee.
The working group has not yet produced its report. Anyone interested in these issues who has not yet provided input to the group should do so as soon as possible. You can send your input to Mike Grivicic in the Secretariat.
FAUW is looking forward to the release of the working group’s report. We will seek input from members and formulate a response at that time. Please make sure you follow our blog and emails if these are issues of interest to you.