June 19, 2023

University of Toronto

The University of Toronto is a public research university located in Toronto, Ontario. UT has a student body of over 88,000 students across 11 colleges. The University of Toronto Asset Management Corp. (UTAM) oversees the University’s endowment. The Responsible Investing Committee (RIC) oversees all matters relating to the development and implementation of UTAM’s responsible investing practices and is composed of senior leaders at UTAM.

In order to promote the many sustainable projects and programs on UT’s campus, the university publishes a Sustainability Yearbook. The 2018 yearbook highlighted programs such as Bikechain (a do-it-yourself bike shop) and the replacement of gas-powered equipment with new battery-powered equipment. The University of Toronto does not simply want to be sustainable. They also want to educate their students, faculty, staff, and the surrounding community on the importance of sustainability and how each individual can make a difference.

According to ATUM’s responsible investing policy, established in 2016, ESG factors play an integral part of its investment analysis and decision-making processes, including the selection of investment managers, transparency, and shareholder engagement. Since becoming a signatory of the UN’s Principles for Responsible Investment (PRI) in 2016, several UTAM investment officers have joined PRI advisory committees.

The University of Toronto has an active Global 350.org chapter, Toronto 350.org, that has been urging the administration to divest from fossil fuels since 2014. It has played a significant role in sparking debate around divestment.

In response to The University of Toronto’s 2016 decision not to divest from fossil fuels, President Meric Gertler provided a Q&A session regarding the University’s decision and discussed its new 14-point plan to address climate change and include ESG factors in the university’s investment strategy. The plan includes a commitment to invest $750,000 over the next three years to foster innovations in teaching and curriculum focused on climate change.

In February 2020, the University of Toronto announced its plan to reduce the carbon footprint of its long-term investments. The university hopes to reduce its carbon footprint by 40% by 2030. UT will report on its progress in achieving this goal as investment decisions are made.

In June 2020, the University of Toronto joined fifteen other Canadian universities in signing a charter committing to increased efforts to address the climate crisis. Signatories of the charter pledge to adopt an SRI investing policy, regularly calculate the carbon footprint of their investment portfolios, publicly share progress and results in achieving sustainability goals, and evaluate fund managers based on their compliance with the guidelines set forth in the charter.

The University of Toronto is a participant or member of the following Initiatives & Commitments: 

  • AASHE STARS: No
  • ACUPCC: No
  • Billion Dollar Green Challenge: No
  • CDP: Yes
  • Committee on Investor Responsibility: Yes
  • Divestment Goal: Yes, divestment from fossil fuels
  • INCR: No
  • Montreal Carbon Pledge: Yes
  • Sustainable Investment Fund: No
  • Responsible Investment Policy: Yes
  • Principles for Responsible Investment: Yes

Other Sustainable Investing Practices:

Frequently Asked Questions

We've got answers for all your immigration related questions!

Canada offers numerous advantages for students from Nepal, making it a top destination for higher education. Here’s why studying in Canada could be the perfect choice:

  • World-Class Education System

Canadian universities and colleges are renowned for their high academic standards and globally recognized degrees.

  • Wide Range of Programs

From technical courses to arts and sciences, Canada provides diverse options tailored to your career aspirations.

  • Affordable Tuition Fees

Compared to other leading study destinations, Canadian tuition fees are relatively affordable, offering great value for a world-class education.

  • Scholarships and Financial Aid

Numerous scholarships and funding opportunities are available to help ease the financial burden for international students.

  • Safety and High Quality of Life

Canada is consistently ranked as one of the safest countries in the world, with an excellent quality of life for students.

  • Work While Studying

International students can work part-time during their studies, gaining valuable experience while supporting their living expenses.

  • Pathway to Permanent Residency

Canada offers favorable immigration policies, making it easier for graduates to transition to permanent residency.

  • Preferred Destination for International Students

With a growing community of International students, you’ll find a supportive network and cultural familiarity while studying in Canada.

The cost of studying in Canada varies based on factors such as your chosen program, institution, location, and lifestyle preferences. Tuition fees differ between universities and programs. On average, Students can expect to pay between CAD 15,000 to CAD 35,000 per year for undergraduate programs and CAD 10,000 to CAD 50,000 per year for graduate programs. To better plan your finances, it’s essential to consider these factors while budgeting for your studies in Canada.

The GPA requirement to study in Canada can vary depending on the institution and program you choose. Each Canadian university and college has its own admission criteria, and GPA requirements may differ across institutions. Generally, students should aim for a minimum of 60% or a GPA of 2.8. However, it’s essential to check the specific GPA and other requirements for your chosen program and university to ensure you meet their standards. We recommend reviewing the detailed admission guidelines for your selected institution to stay informed.

Yes, as an international student in Canada, you can work while studying. You are allowed to work up to 24 hours per week during regular academic sessions and full-time during scheduled breaks, such as summer and winter holidays, without the need for a work permit. If you are working on campus, there is no limit to the number of hours you can work, as long as you are enrolled as a full-time student at a designated learning institution (DLI). This offers valuable opportunities to gain work experience and support your living expenses while studying in Canada.

Yes, it is absolutely possible to secure a scholarship to study in Canada. Canadian universities offer numerous scholarship opportunities and financial aid options for international students. Whether you’re applying for a master’s or PhD program, you may be eligible for various funding options. At Aayam, we provide expert guidance throughout the scholarship application process, helping you maximize your chances of receiving financial support for your studies abroad. Contact us today to begin your journey toward studying in Canada with the help of a scholarship. We will guide you every step of the way.

After completing your studies in Canada, you may be eligible for a Post-Graduation Work Permit (PGWP). The length of the PGWP depends on the duration of your program, and it allows you to work full-time in Canada for up to 3 years. This provides an excellent opportunity to gain Canadian work experience, which can be beneficial if you plan to apply for permanent residency.

The Express Entry system is a points-based immigration program designed for skilled workers. Candidates are assessed based on factors such as age, education, work experience, language proficiency, and adaptability. Those with the highest scores are invited to apply for permanent residence. Express Entry is one of the fastest ways to immigrate to Canada.

The Provincial Nominee Program (PNP) allows Canadian provinces and territories to nominate individuals for permanent residence based on their skills, work experience, and ability to contribute to the local economy. Each province has its own criteria and may prioritize certain skills or occupations in demand within that region.

The requirements for immigration to Canada vary depending on the type of visa or immigration program you are applying for. Generally, you will need to meet criteria related to education, work experience, language proficiency, and health. Popular pathways include Express Entry, Provincial Nominee Programs (PNP), family sponsorship, and study permits. It’s crucial to understand the specific requirements for your chosen immigration program.

Yes, after holding permanent residency in Canada for at least 3 out of the last 5 years, you may be eligible to apply for Canadian citizenship. There are additional requirements such as language proficiency and knowledge of Canada’s history, laws, and government. Once approved, you can become a Canadian citizen with all the rights and privileges.