Main Investment Fund News Today : Breaking News, Live Updates & Top Stories | Vimarsana

File photo by Belle White.
In January 2020, the UVic Board of Governors passed a new investment strategy, called the Responsible Investment Policy, while protesters from Divest UVic voiced their disappointment. 
Now, a year after the policy was implemented, UVic has announced a $500 000 investment in Raven Indigenous Capital Partners’ Indigenous Impact Fund. Through investments in companies like the Raven Fund, UVic aims to reduce the carbon intensity of their working capital investment portfolio by 45 per cent by 2030. 
Divest UVic remains concerned, however, that the Responsible Investment Policy falls short of divestment from fossil fuels. The policy placed a focus on carbon intensity and thematic investments. Carbon intensity is a measurement of the estimated total emissions of UVic’s investment holdings across all sectors. Emily Lowan, the director of campaigns for the UVSS, says it’s a flawed metric.  ....

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