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Survey: Canadian universities are increasingly cutting fossil fuels from their investment portfolios

Mark Lowey
April 1, 2020

A growing number of Canadian universities, including some of the country's largest, are significantly reducing the industrial carbon in their investment portfolios, a R$ survey shows. Less than a handful of universities are divesting specifically from fossil fuel holdings, but many schools also are using a "responsible investing" approach which considers environmental, social and governance factors.

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Organizations:	BlackRock, Canadian Association of Petroleum Producers, CleanTechnia, CNBC, Concordia University, Dalhousie University, Divest McGill, Fossil-Free UNB Campaign, Genus Capital Management, McGill University, McMaster University, Queen’s University, Simon Fraser University, Université de Montréal, Université du Quebec à Montreal, Université Laval, University of Alberta, University of British Columbia, University of California, University of New Brunswick, University of Ottawa, University of Saskatchewan, University of Toronto, University of Victoria, University of Waterloo, UQAM Foundation, and Western University
People:	Alison Blair, Gregory Mikkelson, James Rowe, Jason Kenney, Jay Averill, Jim Cramer, Nik Dworek, Rachel Bensler, Simon La Terreur-Picard, and Wayne Wachell
Topics:	campus divestment campaigns, Canadian universities, carbon footprint, Climate Change, COVID-19 pandemic, de-carbonization, divestment from fossil fuels, ESG principles, fossil fuel companies, fossil-free investing, greenhouse gas emissions, investment management, investment portfolios, oil and gas industry, oil price war, responsible investing, university governance, university investments, and worldwide divestment movement

Survey: Canadian universities are increasingly cutting fossil fuels from their investment portfolios

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Survey: Canadian universities are increasingly cutting fossil fuels from their investment portfolios

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