McGill University to Decrease Carbon Intensity of Investment Portfolio

MONTREAL, QUEBEC – McGill University is moving forward to reduce the overall carbon footprint of its investment portfolio, as part of its ongoing commitment to fighting climate change and its own stewardship role with respect to sustainability.

The Board of Governors, the university’s highest governing body, approved all the proposed recommendations from the Committee to Advise on Matters of Social Responsibility (CAMSR) at its meeting earlier this month. The report recommends decreasing McGill’s endowment portfolio exposure to carbon-intensive investments, including those within the fossil fuel industry. The report also recommends increasing McGill’s low-carbon holdings through impact investments, such as those in clean technologies, renewable energy infrastructure and fossil-fuel-free funds.

“Adopting a more carbon-conscious investment approach complements McGill’s far-reaching climate change and sustainability goals, including institution-wide efforts to achieve carbon neutrality across the University’s operations by 2040,” says Suzanne Fortier, principal and vice chancellor of McGill University. “These recommendations are aligned with our steadfast commitment to further advance the sustainability agenda across our campuses, through additional efforts to identify targets and effective approaches.”

“The McGill Community’s resolve to combat climate change is reflected in the knowledge being created and shared by our researchers and students, in the ongoing improvements to the operations that support our academic mission.”

CAMSR will now engage in determining responsible, proactive and comprehensive guidelines, including decarbonization targets and timelines, which will be presented to the Board by April 2020 for the University to operationalize its new investment framework.

Read the report.

CAMSR is one of the Board’s nine standing Committees. Its mandate involves advising the Board on matters concerning social responsibility. More specifically, the Committee, taking due regard of the mission of the University, and the fiduciary duties of the Board, advises the Board on matters concerning social responsibility related to University endowment investments within the mandate of the Board’s Investment Committee.

About McGill University
Founded in 1821, McGill University is home to exceptional students, faculty, and staff from across Canada and around the world. It is consistently ranked as one of the top universities, both nationally and internationally. It is a world-renowned institution of higher learning with research activities spanning two campuses, 11 faculties, 13 professional schools, 300 programs of study and over 40,000 students, including more than 10,200 graduate students. McGill’s commitment to sustainability reaches back several decades and spans scales from local to global.

Featured

  • Texas A&M Breaks Ground on Campus Visitor Center

    Texas A&M University in College Station, Texas, recently held a groundbreaking ceremony for a new campus learning hub and visitor center, according to a news release. The 211,000-square-foot Aplin Center will stand three stories and is scheduled to open to students in 2028.

  • University of West Florida Opens New Laboratory Facility

    The University of West Florida recently announced that renovation work is complete on a new lab building for its campus in Pensacola, Fla., according to university news. Building 80 will serve as the home to the university’s civil engineering program and the Tyler Chase Norwood Construction Management Program.

  • Case Study Highlights Texas District’s Campus Security Upgrades

    The Taft Independent School District near Corpus Christi, Texas, recently partnered with Intech Southwest Services to revamp its campus security technology system, according to a news release. Intech has released a case study on its website detailing the process that advanced the district’s technology by more than 20 years in less than three weeks.

  • Spaces4Learning Announces Winners of 2025 Product Awards

    Spaces4Learning has just announced the winners of the 2025 Product Awards! The award program recognizes innovation and excellence in products that enhance learning environments in K–12 schools and institutions of higher education.

Digital Edition