In April 2020 the McGill Board of Governors approved the Implementation Plan Related to the Committee to Advise on Matters of Social Responsibility (CAMSR) Report , which actioned the eight recommendations contained in the CAMSR Report to the Board of Governors and set in place McGill’s Socially Responsible Investing strategy.
Over the ensuing three years, the McGill Office of Investments has achieved the performance targets, and in doing so has reduced the carbon footprint of the McGill Investment Pool by half and increased the amount of money in both impact investments and in the Fossil-Fuel Free fund.
The annual reports of the Investment Committee on Socially Responsible Investing for 2020, 2021 and 2022 show the progress that has been made against each commitment during that time.
Given the progress that has been made, the Board of Governors decided on April 20th, 2023 to initiate a review of the strategy two years earlier than planned. CAMSR will conduct the review and present a report, along with any additional recommendations, to the Board of Governors by the end of calendar year 2023.
Highlights of the 2022 Investment Committee Report on Socially Responsible Investing