UBC’s Board of Governors recognizes climate change is an important issue for faculty, staff, students, donors and other stakeholders, and respects their concerns and commitment.
In response to those concerns, the Board’s Finance Committee is recommending the creation of an alternative investment fund for donors that is low carbon and meets best practices for environmental, social and governance (ESG) factors. If approved by the Board of Governors on February 15, the new Sustainable Future Fund will be established with an initial allocation of $10 million from the Trek endowment. This new fund will provide an alternative endowment investment choice for past or future donors.
View the full media release on the UBC Public Affairs website.