Queen’s Investment Committee held a Responsible Investing Town Hall to share the University’s actions across investment portfolios, which hold $1.9 billion in assets.
Principal Patrick Deane opened the Town Hall via Zoom on April 5, praising the “considerable progress” made on various responsible investing committees. The committees were approved by the Board of Trustees in March 2022 and align with the United Nations Sustainable Development Goals, he said.
Deane explained the commitments from the work of the the Climate Change Action Task Force (CCATF), which was developed in 2019to manage investments in alignment with sustainable development goals.
According to Queen’s first Responsible Investing Annual Report—released this year on April 5—Queen’s assesses environmental, social and governance (ESG) factors in its investment approach.
“Queen’s believes that ESG factors can be material to shareholder value across industries and through time,” the report said.
The report outlines how well the University has aligned with principles and its partnerships with externalinvestment managers.
Todd Mattina, chair of the investment committee on the Board of Trustees, said Queen’s currently has four investment funds: the Short-term Fund of $316 million, Sinking Fund of $110 million, Pooled Endowment Fund (PEF) of $1,388 million and Pooled Investment Fund of $528 million.
“We’re thrilled to have this opportunity to discuss responsible investing at Queen’s […] We’re really excited to have this opportunity to try to be proactive in disclosing and being transparent about these policies, talk about how we’ve gone from policy to action,” Mattina said.
The Pooled Investment Committee oversees and recommends investment policies for the largest funds—the Pooled Endowment and Pooled Investment Funds.
The Endowment Fund accumulates what has been donated to the University and uses them for different purposes, such as scholarships, student aid programs, funding academic chairs, and research.
The committee also oversees how external fund managers allocate the money. By working with a broad range of different external managers, Queen’s has diversified—spread out—its risk and return on the investments.
Upon its formation, the Climate Change Action Task Force—especially the Energy Transition Sub-Committee—recommended changes to the investment funds. They consulted with the Institute of Sustainable Finance at the Smith School of Business and the Climate Charter Technical Committee, a collaboration between “like-minded” universities.
Mattina said “transparency” was at the forefront oftheir conversations.
“Transparency is a word that’s come up a number of times in the discussion, and this is something that I think is a real strong point at Queen’s—something that we value at Queen’s,” he said.
Trustee Don Raymond and a member of the investment committee clarified a major focus of the committee is on reducing carbon emissions. Their goal is to reduce Queen’s carbon footprint 25 per cent lower than the broadest current benchmark,MSCI All Country World Equity Index.
“The more the benchmark carbon footprint falls over time, the more aggressive our target becomes,” Raymond said.
The committee wants Queen’s Climate Asset Allocation (QCAA) to include investments that have “significantly lower” carbon emissions than the benchmark or invest in organizations with robust plans for achieving netzero emissions.
“It’s early days. This is a journey. But I think the early results are encouraging so far,” Raymond said.
Queen’s carbon emission targets are “way more ambitious” than at first glance, investment committee member Kathy Matthews said when asked if Queen’s could do more.
“Our commitments have already resulted in meaningful actions and considerable progress,” Matthews said, highlighting how they’re measuring emissions against a benchmark—and as this falls, targets become more ambitious.
“There is significant work to be done to meet our 2030 targets. And you can count on us to expect similarprogress in the years to come.”
Matthews said a main ESG trend to look out for going forward is using technology—such as climate trace initiatives—as it can narrow down where emissions are coming from and track them.
“As an educational institution aimed at impact in the world, education around these issues is critical for our students, for our alumni, and for the community,” Matthews said.
Tags
All final editorial decisions are made by the Editor(s) in Chief and/or the Managing Editor. Authors should not be ed, targeted, or harassed under any circumstances. If you have any grievances with this article, please direct your comments to journal_editors@ams.queensu.ca.
Liuliu
Despite the fact that they’ve fit and athletic-wanting our bodies, it could shock you to learn that they barely work out. In Barcelona or Madrid, you’ll find probably the most diverse Spanish individuals since these cities have attracted immigrants from the 1980s. Across the board, Spanish women are extremely feminine. You’ll see this as soon as you meet a typical Spanish lady. In Katherine Anne Porter’s novella Pale Horse, Pale Rider, the main character Miranda and her lover Adam, earlier than they get the flu, chat while they’re strolling down the street during Adam’s depart from the military: “Did you ever see so many funerals, ever? Due to superior search tools, you may slender down your outcomes and find the companions with the best compatibility charge. With today’s web applied sciences, you may find a Spanish accomplice inside minutes of ing. Spanish women will be of various heights, but a mean (5′ 3.3″ or 161 cm) prevails.
She shares her private experiences ri in Spain, and tackling a number of boundaries that are sometimes common for black women alone. Whenever you see people from Spain, you’ll see joyful and fun-loving faces. You’ll hardly ever see women in gyms or operating on the streets, which is quite confusing considering their slender and scorching bodies. But once you get to know one, you’ll understand that Spanish girls are also nurturing, delicate, and extremely thoughtful. Shouts, cries, loud voices, and feelings expressed in public are a function of all Spanish women. Photographs from Kennedy’s go to to are actually on Commons: A digitized copy of a historic photo collection from John F. Kennedy’s solely official visit to has been just lately released to the general public. So be prepared to go to Spain to meet a household of a Spanish girl typically. Shut up portrait of attractive brunette younger latin woman with joyful face stunning smile and lengthy black hair. Among the usual options, black hair, darkish eyes, and sharp, distinguished facial features come to mind first. Each one of those ladies is insanely lovely and has some unique options, but there is a characteristic that’s widespread for all sizzling Spanish babes. Listed below are some information and tricks to make your dream of a Spanish lady come true.
A Spanish lady desires to be seen to begin with as a accomplice, and only then as a horny look. Every girl has some peculiarities which influence their behavior and permit them to flawlessly stand apart from others in the crowd. Also, men are interested in their sensual and shy appearances, which make them just about irresistible. One other trait that appeals to most men is creativity. Additionally, the man of her dreams should not be a bore. We’ll also include some invaluable courting ideas to organize you for assembly the Spanish lady of your goals! Now that you already know exactly what makes Spanish women so sizzling, try some of Spain’s stunning beaches and check out to search out the lady of your goals! For a lot of males, Spanish women are a dream. “In most European and western countries, the number of women who don’t want kids is round 10%, and Spain is on a par with them,†says Albert Esteve, director of the middle for Demography Research on the Autonomous University of Barcelona (UAB). This makes them different from American or Northern European ladies.
By finding out these women, we did not uncover any unfavorable Spanish women traits. It’s tough to find a Spanish girl who will fall below a single pack of stereotypes and characteristics. Spanish beautiful spanish women ladies are brought up to understand artwork, and they’re undoubtedly more more likely to be with somebody that shares their ions. Quite the opposite, Spanish women love to observe soccer and comparable sports activities video games. One of many unique traits of Spanish women is the truth that they offer a little little bit of all the pieces. The North African enclave of Ceuta is somewhat piece of the European Union just an hour by boat from mainland Europe. You can see Arabic and African ladies, many Latina girls, and quite a few European nationalities. Oh, and there’s that undeniably sexy and seductive accent that can make any man fall in love virtually instantly! They also have deep brown eyes and an intense gaze that can make your coronary heart cease! They are instructed they will remorse it; they’re advised to freeze their eggs. Moreover, Spanish ladies are near their dad and mom, and they’re going to normally permit them to grow to be concerned in their courting life. That’s why there are numerous different types of Spanish beauties.