The Responsible Investing Working Group (RIWG) released its report to the University community for the first time on Thursday, May 31, as part of the agenda package of the Board of Governors (BoG) meeting happening in only a few days (Tuesday, June 5). The agenda contains a motion to endorse and implement the report recommendations.
This working group was formed in response to the strong interest and advocacy of some UW community delegations. It was tasked with making recommendations on whether and how to incorporate environmental, social and governance (ESG) factors into decision making for the investment of the university’s endowments and your pension funds.
Our members are keenly interested in how their pensions are managed. In a March 28 blog post, we said we would “seek input from members and formulate a response” when the report was released.
As I hope you will understand, FAUW is unable to keep our commitment to you. Four working days is not enough time for the FAUW Board to read and understand the report and then gather feedback on it from our members. As such, we requested that this agenda item be for information only at the June 5 BoG meeting, thereby delaying the vote until the next meeting, in October. This request was denied.
Continue reading “Responsible Investing Working Group Report Going to Board of Governors on June 5”
David Porreca, FAUW President
Well, as many of you already know, our institution had a heart attack last week. Dr. Sallie Ann Keller resigned from the position of Vice-President Academic and Provost (VPAP) after nine months on the job.
Quite understandably, this topic dominated the discussion at the Faculty Association Board of Directors’ meeting this past Thursday. This sort of development tends to lead to speculation about what might have gone wrong. In this post, however, I would like to highlight some of the significantly positive developments – from the Faculty Association’s perspective – that have occurred under Dr. Keller’s leadership:
- UW did the right thing in not signing on to Access Copyright’s framework. Instead, we have developed our own set of copyright guidelines that are described in full in the UW Copyright FAQ.
|UW Dubai Campus
- UW’s satellite campus in Dubai is closing. The opening of this campus was actively opposed by the Faculty Association from the get-go for a variety of good reasons, including the lack of a credible business plan for the project, and the impossibility for all UW policies to apply on that campus (e.g., an openly gay faculty member would be committing a capital offence the moment they set foot off the plane in the United Arab Emirates).
Although the manner in which the closure has proceeded has generated no small amount of controversy, the facts that a) enrolment never met expectations; b) resources were deployed whose opportunity cost for main campus operations were recognized to be deleterious; and c) concerns over equity for participants in activities at the Dubai campus were never adequately addressed, have all made the Faculty Association cheer its closure. In fact, it has been difficult to resist loud shouts of “We told you so!!”
- Inequities surrounding benefits for couples who are both UW employees have been resolved.
- The railroading of a new scheduling system with inadequate communication and inadequate consultation with key stakeholders had been slowed, such that all interested parties can get their concerns integrated into the deployment of the new system over the next year or so.
- After unconscionable delays and consequent mushrooming of costs, the construction of a consolidated daycare facility for the university community is finally going ahead.
There are other files around which we have seen significant progress:
- The approaching resolution of issues around the collection and retention of confidential medical information from those applying for Short-Term and/or Long-Term Disability benefits.
- Implementing regular, systematic checks for faculty salary anomalies and their adequate resolution.
- The oversight and governance of Senate-approved centres and institutes, so as to avoid in the future the controversy surrounding the governance of the Balsillie School of International Affairs
All of the above being said, we recognize that there are still some issues that are the source of significant concern for our membership that we still need to push forward:
- Per diems. Reports keep coming in that other institutions (e.g., the University of Toronto and McMaster University) have managed to retain their per diem systems for expense claims despite the apparent imposition of provincial regulations. Investigations are ongoing on the applicability of the systems deployed at those institutions to UW.
- Senate Long-Range Planning Committee oversight of satellite campuses. We are aiming to set in place regulations that will prevent the occurrence of future debacles such as our Dubai campus. Defining satellite campuses is a key component of this issue.
- Pensions: Not everyone is happy with the changes to our pension plan that were put forward last year for implementation in 2014. Efforts are ongoing to improve the situation through broader consultation.
- The Work-Life Balance Report authored by DeVidi, Parry, Collington, Clapp and Brown contains a number of sensible recommendations to improve our working conditions. The exact mechanisms for the implementation of the Report’s recommendations are still under discussion.
- Concerns over the inadequacy of UW’s provisions for compassionate care and bereavement leave have been raised and distilled into a report for FAUW’s Status of Women and Equity Committee. The implementation of this report’s recommendations is also under discussion.
- Having biennial evaluations for tenured faculty members is an issue that has been raised many times over the years which we will be looking into more closely.
Well, there you have it: the good, the “in progress” and the “yet-to-do” lists. The length and significance of the first two are a testimony to the good working relationship the Faculty Association had with Dr. Keller. We look forward to having an equally productive relationship with Dr. Geoff McBoyle who will be returning as the interim VPAP, as well as with his eventual permanent successor.