Divesting at Dalhousie University

Feb 14, 2019 | Dan Rudisuela


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Dalhousie University commits to becoming a signatory of the United Nations Principles of Responsible Investing. A major win for student advocates and further evidence of the growing importance of Responsible Investing.

Divest Dal Pin

For the past 6 years, student organization, Divest Dal, has been advocating for the Dalhousie University endowment fund to divest of fossil fuel investments. This week, Dal's governing board, chaired by Larry Stordy, backed a decision to adhere to the United Nation's Principles of Responsible Investing in the management of the $625 million fund. This move shows the university's commitment to incorporating Environmental, Social and Governance (ESG) issues into its investment practices as outlined below in the Signatories Commitment.

As a certified Responsible Investment Advisor with RIA Canada I believe that responsible investing is better investing and I applaud the university for taking this positive step forward.

I am available  here to discuss incorporating ESG issues into your own portfolio, whether personal or institutional.

 

(Photo credit Kendra Lovegrove)