News
Read UTAM’s 2019–2020 Responsible Investing Report
We’re pleased to announce the release of our fourth annual responsible investing report, titled Guiding Principles. The report includes a detailed account of how we weigh the potential impacts of…
UTAM Supports CDP’s Science-Based Targets Campaign
UTAM has joined fellow investor signatories of CDP in supporting the organization’s Science-Based Targets Campaign, which aims to accelerate the corporate sector’s adoption of science-based reduction…
UTAM Named a Finalist for Canadian Investment Review’s Sustainable Investing Award
UTAM is honoured to be one of the three finalists for Canadian Investment Review’s first Pension Leadership Awards in the category of Sustainable Investing. The awards celebrate pension plan sponsors…
UTAM Signs the RIA’s Investor Statement on Diversity & Inclusion
UTAM is pleased to be one of the 10 founding signatories of an investor statement on diversity and inclusion developed by the Responsible Investment Association (RIA). Signatories to the statement…
Benefits Canada Spotlights UTAM’s Approach to Responsible Investing
Benefits Canada, a magazine for pension, benefits and investment executives, recently interviewed Daren Smith, UTAM’s President and Chief Investment Officer, for an article about his team’s approach…
UTAM Endorses CCGG’s Stewardship Principles
UTAM has publicly endorsed the Stewardship Principles of the Canadian Coalition for Good Governance (CCGG), along with more than 20 other institutional investors. The CCGG’s Stewardship Principles…
UTAM’s President & CIO Speaks at a Webinar Hosted by the PRI and IEN
Daren Smith, UTAM’s President & Chief Investment Officer, recently shared our approach to addressing climate change on a webinar presented by the Principles for Responsible Investment (PRI) and…
UTAM Receives Excellent PRI Scores
We are pleased to report that UTAM has received high scores – our strongest yet – in the PRI’s annual assessment of our responsible investing approach. We received A+ marks in all six categories that…
UTAM Shortlisted for ICGN Global Stewardship Award
UTAM is pleased to announce that we have been shortlisted for an International Corporate Governance Network (ICGN) 2020 Global Stewardship Award. These awards recognize individuals and organizations…
UTAM’s ESG Activities Included in Best Practices Compilation
We are very pleased to announce that the Institutional Limited Partners Association (ILPA) has included UTAM in its ESG Roadmap and Resources (“the Roadmap”). The Roadmap includes a compilation of…
U of T Signs Landmark Charter on Investing to Address Climate Change
UTAM commends the University of Toronto for spearheading and signing the “Investing to Address Climate Change” charter, which calls on Canadian universities to incorporate ESG factors into their…
Read UTAM’s 2019 Annual Report
We’re pleased to announce the release of our 2019 Annual Report, titled The 20-Year Advantage. It includes details about the performance of the Pension, Endowment and short-term working capital…
UTAM releases its 2019 Carbon Footprint Report and announces an ambitious carbon reduction goal along with an endorsement of the TCFD recommendations
We’re pleased to announce the release of our 2019 Carbon Footprint Report, titled “Towards a Greener Future.” For the second consecutive year, we’ve calculated the carbon footprint of the Pension and…
UTAM Joins the International Corporate Governance Network (ICGN)
UTAM is pleased to announce that we have joined the International Corporate Governance Network (ICGN), a leading authority on global standards of corporate governance and investor stewardship. ICGN…
UTAM Signs Investor Statement on Climate Change and the Aviation Sector
UTAM has joined more than 120 institutional investors (representing US$6.0 trillion in assets under management) in calling on the aviation sector to better address climate risks and opportunities.…
UTAM Supports Climate Statement from Canadian Institute of Actuaries
UTAM wholeheartedly lends its support to “Time to Act: Facing the Risks of a Changing Climate,” a public statement released by the Canadian Institute of Actuaries (CIA) on September 24. The statement…
UTAM Signs Investor Statement on Deforestation and Forest Fires in the Amazon
UTAM has signed an investor statement expressing deep concern about the escalating crisis of deforestation and fires in the Amazon rainforest in Brazil and Bolivia. In total, 230 investors –…
UTAM Signs Global Investor Statement to Governments on Climate Change
UTAM has joined hundreds of institutional investors to reiterate our full support for the Paris Agreement on climate change and strongly urge all governments to implement the actions needed to…
UTAM Once Again Receives High Scores from the Principles for Responsible Investment (PRI)
We are pleased to report that we received excellent scores in the PRI’s latest assessment of our responsible investing approach: five A+ marks and one A. And, for the second year in a row, we scored…
UTAM’s President & CIO Profiled in the Pension Investment Association of Canada’s Newsletter
UTAM is pleased to announce that our President & CIO, Daren Smith, has been profiled in the Summer 2019 newsletter of the Pension Investment Association of Canada (PIAC). The article is one of an…
UTAM’s President joins the Board of the Canadian Coalition for Good Governance
UTAM is proud to announce that our President, Daren Smith, has been appointed to the Board of the Canadian Coalition for Good Governance (CCGG) and will also serve on the organization’s Member…
Canada’s Expert Panel on Sustainable Finance releases final report
On June 13th, Canada’s Expert Panel on Sustainable Finance released its final report, Mobilizing Finance for Sustainable Growth, at an event held at the University of Toronto’s Rotman School of…
Read UTAM’s 2018 Annual Report
We’re pleased to announce the release of our 2018 Annual Report, which includes the performance of the Pension, Endowment and short-term working capital investments that we manage on behalf of the…
Read UTAM’s New Responsible Investing Report
We’re pleased to announce the release of UTAM’s third annual Responsible Investing Report. Titled “A Closer Look,” the report explains how we consider environmental, social and governance (ESG)…
UTAM joins other investors in outlining expectations for a sustainable palm oil industry
UTAM, on behalf of the University of Toronto’s Pension Plan and Endowment, has joined 57 other investment organizations – representing approximately US $7.9 trillion in assets under management – in…
UTAM Supports the RIA’s Board Diversity Policy and Congratulates the University of Toronto on Being Recognized as one of Canada’s Best Diversity Employers
As a member of the RIA, the Canadian Coalition for Good Governance, and the Canadian Investor Chapter of the 30% Club, as well as through the ISS Sustainability Guidelines for our proxy voting, UTAM…
UTAM joins the 30% Club Canadian Investor Group
We are very pleased to announce that UTAM’s President, Daren Smith, is now a member of the 30% Club Canada, joining a group of like-minded leaders who believe that gender balance on boards and in…
UTAM Updates Its Responsible Investing Policy
Resulting from a regular review of all our policies, we have made minor revisions to our Responsible Investing Policy to include our definitions of ESG factors and to provide further guidance on our…
Report to Business Board – Year to Date 2018 Performance as of June 30, 2018
On October 9, 2018, UTAM presented its semi-annual update on investment performance to the University of Toronto’s Business Board. Daren Smith, UTAM’s President and Chief Investment Officer,…
UTAM Releases its First Principles for Responsible Investment (PRI) Assessment Reports
We are pleased to report that we received four A+ marks and one A in the PRI’s assessment of our implementation of responsible investing. We also scored higher than the median signatory in all…
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