This report shows public data only. Is this your organisation? If so, login here to view your full report.

Simon Fraser University

PRI reporting framework 2020

You are in Indirect – Manager Selection, Appointment and Monitoring » Outputs and outcomes

Outputs and outcomes

SAM 08. Percentage of externally managed assets managed by PRI signatories

08.1. Describe how you ensure that best RI practice is applied to managing your assets

Measures

          share with managers SFU's commitment to reduce the carbon footprint of the public equity portfolio by 45% by 2025
encourage managers to adopt climate/low carbon economy initiatives such as Climate Action 100+ 
encourage managers to avoid tobacco holdings
encourage managers to reduce fossil fuel exposure and increase clean energy exposure
        

Measures

          during portfolio re-balancing we will include consideration for managers with lower carbon footprint and or other considerations such as tobacco holdings or clean energy exposure
        

08.2. Additional information. [Optional]


SAM 09. Examples of ESG issues in selection, appointment and monitoring processes

09.1. Provide examples of how ESG issues have been addressed in the manager selection, appointment and/or monitoring process for your organisation during the reporting year.

Topic or issue
          Climate Action 100+
        
Conducted by
Asset class
Scope and process

we questioned the four public equity and fixed income managers that are not (five have signed on) currently Climate Action 100+ signatories as to their intentions

Outcomes

most are considering it, others have signed on to other equivalent initatives

Topic or issue
          carbon neutral 2050
        
Conducted by
Asset class
Scope and process

a portfolio company listed on Carbon Underground 200 commits to be carbon neutral by 2050, we question fund manager as to the strategy

Outcomes

file://ais-fs1.sfu.ca/home/users/jdpierce/documents/UN%20PRI/Carbon%20Neutralization%20for%20Teck%20Resource%20(1).pdf

Topic or issue
          carbon underground 200
        
Conducted by
Asset class
Scope and process

we determined the University exposure to the carbon underground 200 list by asset class and manager

Outcomes

SFU has exposure to 12 companies representing 2% of investments

Topic or issue
          proxy voting
        
Conducted by
Asset class
Scope and process

SHARE questioned US equity manager's voting process as they always vote with management

Outcomes


The manager clarified its voting process; A key part of our investment style is to consider management as one of the most important factors when evaluating whether to hold the stock of a publicly traded company.  As such, having satisfied ourselves of the integrity and competence of management, we vote with management on routine matters (e.g. approving the appointment of auditors), and generally, also on non-routine matters.
 

09.2. Additional information.


Top