SFU makes $10M investment in VCIB as part of responsible investment strategy.


Simon Fraser University has made a $10M investment through Vancity Community Investment Bank (VCIB). The returns from the investment will be used to advance SFU’s long-term academic, research, and housing infrastructure strategies. “We’ve been looking to expand our responsible investments in ways that directly benefit people in our community,” said SFU Treasury Department Director Jacky Shen. “Vancity Community Investment Bank supports projects that align with our values and we’re proud to be the first Canadian university to invest with them.” SFU states that it is the first university to choose VCIB’s Impact GIC, and that it has now invested over $50M in Socially Responsible Investment (SRI) funds and impact investments.