Describe your organisation’s investment principles and overall investment strategy, interpretation of fiduciary (or equivalent) duties,and how they consider ESG factors and real economy impact.
The uOttawa Board of Governors has adopted a responsible investment approach that is aligned with an industry best practice framework established by the United Nations' supported Principles for Responsible Investing ("PRI"). Responsible investment integrates environmental, social and governance ("ESG") criteria in the investment decision making process based on the belief that these criteria can influence the performance of an underlying investment. As such, the consideration of ESG factors is consistent with the objectives of the Long-Term Portfolio as well as the goal of the Pension Plan to meet its commitment to provide members with a defined level of retirement income.
Provide a brief description of the key elements, any variations or exceptions to your investment policy that covers your responsible investment approach. [Optional]
uOttawa's responsible investment approach is documented in several policy documents, including the SIP&P/SIP&G, Responsible Investment Guidelines, as well as other ancillary documents. The Responsible Investment Guidelines are updated annually to reflect the evolving nature of best practice and the ability for the investment operations to adopt and implement these practices.