High on Financial Sustainability Ratings
When it comes to sustainability, green (practices) and green (economics) go hand in hand. Of course, it isn’t easy being green, but it’s even tougher without a solid financial base. Fortunately, UBC is committed to both, and in 2012, received a high financial rating that enables it to continue to deliver on its commitment to sustainability initiatives.
Two credit agencies, Moody’s and Standard & Poor’s, felt UBC’s superior financial health reflected its strong position among Canadian post-secondary schools, its consistent demand from students around the world, and its solid operating performance.
The high rating was also bolstered by the university’s extensive research activities and ability to attract research funds, as well as its large endowment fund and modest debt burden.
Consistent with UBC’s strategic plan, which states that “UBC supports those initiatives that will ensure the long-term resilience of the University and its ability to serve for generations to come,” these high financial ratings will serve to give stakeholders, partners, funders and students even greater confidence that UBC is the place to be.