U of T News: Investing to Address Climate Change: A Charter for Canadian Universities

The University of Toronto is taking on an ever more significant leadership role as a local, national, and global citizen. Our community is contributing to coalitions, partnerships and collective actions with the aim of advancing global sustainability and averting or mitigating the catastrophic threat of climate change.

In June 2020, U of T co-led the creation of Investing to Address Climate Change: A Charter for Canadian Universities to tackle climate change through a commitment to responsible investing practices.

The charter aims to standardize responsible investing practices like those implemented by University of Toronto Asset Management Corporation (UTAM), which incorporates environmental, social, and governance (ESG) factors into its investment decisions.

Read the signed document: Investing to Address Climate Change: A Charter for Canadian Universities.

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‘A sustainable life for ourselves and the planet’: U of T researcher on religion’s role in saving the environment

Sometimes religion doesn’t catch up to current circumstances as fast as it should.

That’s according to Tanhum Yoreh, a scholar of religion and environment at the University of Toronto. 

Yoreh’s new book, Waste Not: A Jewish Environmental Ethic, aims to build bridges between ancient wisdom and contemporary global challenges so that faith communities have accessible pathways to environmental engagement.

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The unexpected link between the ozone hole and Arctic warming: U of T expert

One of the earliest climate model predictions of how human-made climate change would affect our planet showed that the Arctic would warm about two to three times more than the global average. Forty years later, this “Arctic amplification” has been observed first-hand.

Record-breaking Arctic warming and the dramatic decline of sea ice are having severe consequences on sensitive ecosystems in the region.

But why has the Arctic warmed more than the tropics and the mid-latitudes?

We now know that this is due, in part, to tiny concentrations of very powerful greenhouse gases, including ozone-depleting substances such as chlorofluorocarbons (CFCs).

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UTAM to reduce the carbon footprint of its long-term investments by at least 40 per cent by 2030

The University of Toronto Asset Management Corp. (UTAM), which manages over $10 billion in assets on behalf of the university, plans to reduce the carbon footprint of the endowment and pension investment portfolios by at least 40 per cent by 2030.

U of T’s arms-length investing body outlined the commitment in its 2019 Carbon Footprint Report, which analyzed the carbon footprint of public equity, private equity, private real estate and private infrastructure holdings within the university’s pension portfolio as of Sept. 30, 2018. The report uses the pension portfolio as a proxy for the endowment portfolio because the investments in each portfolio are substantially similar.

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‘Reverse fuel cell’ built by U of T researchers converts waste carbon into valuable products

Fuel cells turn chemicals into electricity. Now, a team from the University of Toronto’s Faculty of Applied Science & Engineering has adapted technology from fuel cells to do the reverse: harness electricity to make valuable chemicals from waste carbon dioxide.

The research was recently published in the journal Science.

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Microplastic pollution is everywhere, but scientists are still learning how it harms wildlife: U of T experts

Plastic pollution is a growing global concern. Large pieces of plastic have been found almost everywhere on Earth, from the most visited beaches to remote, uninhabited islands. Because wildlife are regularly exposed to plastic pollution, we often ask what effects plastics have on the animals.

Over time, macroplastics (plastic debris larger than five millimetres in size) break up into tiny particles called microplastics (smaller than five millimetres), which can persist in the environment for hundreds of years.

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