TRU opts for ESG investment strategy over fossil fuel divestment

April 13, 2016

Thompson Rivers University has announced that it will begin including environmental, social, and governance factors in its investment decisions. The decision comes as part of TRU’s membership in the United Nations-supported initiative, Principles for Responsible Investment. TRU reports that these recent developments follow a yearlong examination of the school’s investment strategies, which included a review of other PSE institutions’ practices. “This is very different from a divestment strategy which at this time, like many other Canadian universities, TRU has no interest in adopting,” said TRU Vice-President Administration and Finance Matt Milovick. “With the world’s reliance on fossil fuels, it is clear that fossil fuel usage isn’t going away anytime soon.” TRU