June 19, 2017
Jarislowsky Fraser and University of British Columbia team up on ‘UBC Sustainable Future Pool’
Jarislowsky Fraser and the University of British Columbia are pleased to announce their collaboration on the new UBC Sustainable Future Pool, which will invest in select Jarislowsky Fraser Fossil Fuel Free Funds, to offer a new choice for donors.
“In line with Jarislowsky Fraser’s fundamental approach to sustainable investing and ESG integration, the JF Fossil Fuel Free Funds further respond to the needs of both institutional and individual investors.” stated Pierre Lapointe, President of Jarislowsky Fraser. “We are excited that UBC has partnered with Jarislowsky Fraser in this new initiative to offer a differentiated solution to its donors.”
Andrew Simpson, UBC’s Vice-President, Finance, said: “This is all about providing choice for our donors. We now have one endowment with two pools – the Main Endowment Pool and the Sustainable Future Pool, which has additional non-financial investment criteria that specifically target lower carbon emissions. We are pleased to collaborate with Jarislowsky Fraser and leverage its expertise and capabilities with regards to sustainable investing.”
Building on Jarislowsky Fraser’s broad range of sustainable investment strategies, JF Fossil Fuel Free Funds are a family of private pooled funds that include JF Fossil Fuel Free Canadian Equity Fund, JF Fossil Fuel Free Global Equity Fund and JF Fossil Fuel Free Bond Fund. The UBC Sustainable Future Pool will invest in the global equity and bond markets to provide a diversified global solution that will exclude the energy sector, with the exception of certain renewable energy entities, as well as non-energy sector companies that own significant fossil fuel reserves.
About Jarislowsky, Fraser Limited
Jarislowsky, Fraser Limited is one of Canada’s leading independent investment management firms. Founded in 1955 as a research boutique, Jarislowsky Fraser today manages the portfolios of pension funds, foundations and endowments, Indigenous peoples, corporations and individuals in Canada, the United States and internationally — representing more than CA$39 billion in assets under management, of which more than $3 billion are for values-based mandates. Its investment philosophy and low-risk approach are built on a foundation of time-tested conservative principles and more than 60 years of fundamental research. Jarislowsky Fraser’s history and culture are rooted in investment stewardship, which is expressed through an adherence to high-quality investing, a long-term investment horizon and the advancement of good governance and sustainable investing.