Project Status: Ongoing
Project Description
The Canadian Coalition for Green Health Care is leading a two-year initiative (2025-2027) to empower hospital foundation boards across Canada to learn and build capacity to integrate sustainable investment practices and align the capital they manage with their foundation’s health-focused missions. With expert guidance and tools created by a community of practice, board members and decision-makers will gain access to essential resources to discern and integrate environmental, social, and governance (ESG) factors into their investing practices.
Climate change, one ESG factor, represents a systemic risk that can impact long-term financial stability of investments. Overseeing climate-related risks and opportunities is crucial for board directors to meet their fiduciary obligations. Incorporating climate and ESG factors is a key step in mitigating this risk, while better aligning with hospital foundation’s missions and evolving stakeholder expectations.
By championing sustainable investment practices, hospital foundations can leverage their unique position in healthcare to drive meaningful, far-reaching impact that benefits both their organizations and the communities they serve.
Download the Project One-Pager to learn more.
Resources
Components
Delivering awareness presentations by experts to equip hospital foundation boards with practical knowledge and confidence to implement sustainable investment practices.
Developing a dedicated learning network for ongoing collaboration and resource sharing, starting in Spring 2025.
Creating practical tools, guides, and templates to support boards in independently integrating ESG factors in investment practices.
Championing sustainable investments that build climate resilience, reduce environmental impact, and deliver long-term value, all while supporting the transition to a low-carbon economy and honouring fiduciary duties.
Webinars
Sustainable Investing Trends for Canadian Hospital Foundations
On Thursday, April 10th, 2025 the Health Capital project team presented a review of key findings from the 2025 Canadian Hospital Foundation Survey on Sustainable Investing. This survey was conducted by the Canadian Coalition for Green Health Care in partnership with the Trottier Family Foundation, PEACH Health Ontario, the Canada Climate Law Initiative, and Quinn+Partners. This session also explored:
- Key sustainable investing trends across Canadian hospital foundations of all sizes
- Common barriers and challenges in integrating environmental and social considerations into the management of foundation’s capital
- Opportunities and best practices for advancing sustainable investing
- Actionable next steps for foundation boards and investment teams interested in adopting or evolving a sustainable investment approach
Whether you are a board member, executive, or investment professional, this webinar offers data-driven insights into the current Canadian hospital foundation investment landscape, equipping you with insights needed to advance sustainable investing practices alongside peers.
Watch the Recording and view the Presentation Slides.
What does it really take to integrate sustainability and environmental, social and governance (ESG) factors into your foundation’s investment practices? What are the benefits? Why do it now? We’ve brought together sector leaders to share their stories, challenges, and breakthroughs—from strategy to execution. Get a first look at our upcoming Community of Practice and hear directly from Ayo Olatunji (Canadian Medical Association Impact Inc.) and Karel Mayrand (Foundation of Greater Montréal) about their work on investment practices.
Watch the Recording and view the Presentation Slides.
Get Involved
Interested in supporting this initiative or learning more? Sign up for project updates HERE.
For additional questions, contact Ari Campbell, Program Manager at ari@greenhealthcare.ca.
Partners
Funders
This project is made possible by the generous support of the Trottier Family Foundation.