Reposted from: The Academica Group. Originally posted on June 30, 2016
Representatives from the student group Divest UWinnipeg have criticized the school’s decision to pursue strategic alternatives to a full divestment from fossil fuels. The university has been consulting with the group for the past year. The group has asked the University of Winnipeg Foundation and pension board of trustees to end all investments in stocks and bonds of fossil fuel companies. This Monday, the school’s board of regents asked the foundation to instead create a responsible investment policy that applies environmental, social, and governance criteria. “The U of W’s choice not to divest from fossil fuels represents a contradiction with its commitments to sustainability, Indigenization and, ultimately, reconciliation,” said UWinnipeg Student Association Preisdent Kevin Settee. UWinnipeg Senior Executive Officer Chris Minaker responded that the school “has adopted a balanced approach to the divestment issue which is consistent with actions taken by other universities in Canada.”
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Reposted from Academica Top Ten (http://academica.ca/topten) Originally published March 10th, 2016
The Student and Faculty Associations at the University of Winnipeg have asked the school to withdraw all of its investments in fossil fuels. The request applies specifically to fossil fuel stocks currently included in the portfolios of the University of Winnipeg Foundation and the school’s pension fund. The university reportedly has almost $2.6 M, or 5% of its foundation endowment invested in oil, gas, or coal industries, while the value of such investments contained in the pension fund is unknown. A public forum involving representatives from the community, the faculty, and the student body was held at the school yesterday to discuss the current and future direction of the divestment movement.
Reposted from Academia.edu. Originally published February 5, 2016
The University of British Columbia has reportedly proposed a $10 M sustainability fund instead of divesting from fossil fuel companies, despite last year’s majority vote by both UBC students and faculty in favour of fossil fuel divestment. The decision was frustrating, said UBCC350 Co-ordinator and UBC student Alex Hemingway, “what we’ve seen at UBC is two decisive referendum votes from faculty and staff in favour of divestment that the committee has chosen to ignore.” UBC Vice-president of External Relations and Communications Philip Steenkamp released a statement saying that the finance committee had concluded that divestment may not have its desired impact on climate change or corporate behaviour, and “would not be consistent with the board’s fiduciary obligation to endowment donors.” The board of governors will reportedly vote on the proposal on February 15th.
Do you have a great idea that would help make Carleton a more sustainable campus?
For the third year, the Green Revolving Fund Committee is accepting applications from faculty, staff and students. The university’s $1-million Green Revolving Fund is part of its campus-wide Energy and Sustainability Program.
A Green Revolving Fund Committee (GRFC) will evaluate all submissions. The application should highlight the idea’s positive environmental impact and demonstrate a financial payback. Other criteria will also be considered.
Submissions are now being accepted. The deadline for applications is Nov. 28, 2015. All members of the Carleton community are encouraged to participate. The savings realized by the project(s) will be returned to the Green Revolving Fund to repay the initial investment.
For more information about the fund, and to view the project ideas and winning ideas from last year, please go to: http://www.carleton.ca/fmp/energy-and-sustainability/get-involved/green-revolving-fund/
More information about other Carleton sustainability initiatives can be found at: http://carleton.ca/fmp/energy-and-sustainability/.
The fund is managed by Carleton’s Financial Services Department and overseen by the committee.
If you have questions about the Green Revolving Fund, please contact email@example.com.