File Photo (Image Credit: CFJC Today)

By James Peters

Thompson Rivers University

In response to pro-Palestine student group, TRU lists investments online

Jun 14, 2024 | 10:58 AM

KAMLOOPS — Thompson Rivers University says, effective immediately, it will post details of all of its investments online.

The move comes in response to increased scrutiny of post-secondary institution investments across North America, especially in light of the present conflict in the Middle East. A news release issued by TRU Friday (June 14) says the school wishes to demonstrate “its commitment to socially responsible investing.”

TRU executives met with student representatives from the People’s University of Gaza at TRU last month.

The student group issued four calls to action for the university, including disclosing investment details and divesting from companies that do business with Israel.

In TRU’s release, Vice-President of Finance and Administration Matt Milovick has “long been committed to socially responsibly investing guided by the United Nations Principles for Responsible Investment (PRI).”

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“Fund managers frequently adjust a fund’s holdings to achieve optimal returns,” said Milovick. “Regardless, TRU expects fund managers to apply the UN PRI screens as they consider a fund’s holdings. We will continue to work with our investment teams to ensure they apply the UN PRI principles appropriately.”

This year’s investment statements can be found here.