Responsible Investing
Central to our Responsible Investing Policies are the principles of engagement with our investment managers and collaboration with our regulator, peers, and industry associations. Our partnerships and affiliations include:
As signatories to the United Nations-supported Principles for Responsible Investment (PRI), Carleton University and the Carleton University Retirement Plan, commit to six principles for Responsible Investment and incorporate ESG issues into the investment practice.
During the calendar year, Carleton University submitted two reports to the PRI; one for the Retirement Plan, and the other for the university’s Operating and Endowment Funds. The reports provided responsible investing activities of the university’s pools of capital. The reports are compulsory and are required of all signatories. The results of PRI’s assessment relative to 5,391 signatories representing over US$121.3 trillion in assets are below.
Carleton University Retirement Plan:
Carleton University Operating and Endowment Funds:
Responsible Investing Case Studies
Through our partnership with National Real Estate Advisors, the Carleton University Retirement Fund invested in Sabey Data Centers (SDC), a 3.5 million square foot portfolio of operating data centers, land holdings, and development. The U.S. data center market has experienced significant growth, driven by society’s increasing digitization and demand for artificial intelligence technologies. As one of the largest private data center platforms globally, SDC prioritizes sustainable operations and aims for net-zero carbon emissions by 2029, backed by robust sustainability programs and third-party accountability. Furthermore, the platform creates jobs and tax revenues in the communities they operate.
Sabey Data Centers – Power Your Connections
SabeyStories: Return of the Salmon
Where Agriculture Meets Technology
Through our partnership with Westport Capital Partners, the Carleton University Retirement Fund invested in NewCold III, one of the fastest growing advanced automated warehouse and cold chain logistics companies in the world. NewCold’s facilities are about 50% more energy efficient than traditional warehouses, and they aim to have net-zero operations by 2040. Through this partnership, NewCold is expanding in Guelph, Ontario, creating over 7,075 construction and development jobs, 570 new local full-time jobs, $48 million in total annual wages, and generating $12 million in annual property taxes.