RIA Leadership Awards Guidelines

Award Categories

The RIA Leadership Awards will recognize RIA members who have contributed to the RIA’s Strategic Priorities in Canada during the calendar year 2019, in three categories:

  • Market Education: Driving awareness and demand for responsible investments
  • Integration: Developing RI capacity of investment professionals
  • Advocacy: Shifting public policy and regulation to support RI

Organizational and Individual Awards will be granted in each category, for a total of 6 Awards.

Key Dates

  • Jan 28 – March 23: Submission Period
  • Jan 28, 2020 – Feb 18, 2020: Call for judge applications
  • Feb 28, 2020: Judges selected and contacted
  • Mar 23, 2020 – May 1, 2020: Assessment period. Judges submit their scorecard to the RIA to compile the results
  • June 8, 2020: Winners announced at the RIA Conference in Toronto

Eligibility

To be eligible for an RIA Leadership Award, submissions must meet the following criteria:

  • Membership – All Entrants must be members of the RIA for at least one year as of January 1, 2020. Entrants must be RIA members in good standing on the date they enter their submission, and on June 8, 2020 when the Awards are presented. Submissions are welcomed from all RIA Membership categories.
  • Collaborative Projects – Collaborative Projects may be submitted, so long as at least 50% of the project’s participants are RIA members, or RIA members actively contributed at least 50% of the effort for the project. Simply sponsoring a project will not be eligible. All participants must agree to take part in the Awards before sending in their submission. Multiple submissions for one collaborative project will not be permitted; if multiple submissions are received, the RIA will encourage the participants to submit a single Collaborative submission.
  • Project Time Frame – The activities described in the submission must have taken place or been implemented during the calendar year 2019. The Awards are open to both ongoing and completed projects. While activities might have been initiated prior to 2019, or may conclude after 2019, the submission will be evaluated on the basis of its reported results during calendar year 2019.

Submission Process

The Submission/Nomination period will be open from January 28 to March 23, 2020. All Entrants must be members of the RIA for at least one year as of January 1, 2020. Entrants must be RIA members in good standing on the date they put forth their submission, and on June 8, 2020 when the Awards are presented. Additional information:

  • Submissions can either be on behalf of an Organizational RIA Members or an Individual RIA Members.
  • Collaborative projects are welcome for either Submission type (further instructions on the Submission Form).
  • There is a limit of 2 submissions per organization/individual per Category.
  • Submissions, supporting documents and links can all be submitted in either official language.

Submission Format

  • Contact Information
  • Project Description
  • Key Themes: Long form questions on the project’s Originality, Design & Delivery, and Influence
  • Supporting Material: Supplemental documents to support the submission

To address confidentiality concerns, Submissions should indicate any proprietary/confidential information. RIA, the Awards Committee, and Judges will be able to view the confidential information. Most of the information provided should be public.

Awards Program Governance

There are 3 levels of oversight for the RIA Awards programme:

  • RIA Management Responsible for overall administration of the Awards programme. Initial screening of Judge Applications and Award Submissions will be done by the RIA to ensure the information provided is complete and relevant. The RIA is also responsible for ensuring that the RIA Leadership Awards’ conflicts of interest policy is upheld (see below).
  • Awards Committee – A working Committee of RIA Board members and other persons appointed by RIA Board members to provide guidance for RIA Management in developing the awards program. The Committee represents a diversity of perspectives including participants from various market segments. The Awards Committee will also review the Judge candidates’ submissions and the shortlist, and evaluate each candidate relative to the Standards of Quality and objectives for Panel Composition. The RIA Awards sub-Committee will also recommend finalists. Any issues Judge selection: Awards Committee will review the Judge candidates’ submissions and the shortlist, and evaluate each candidate relative to the Standards of Quality and objectives for Panel Composition.The RIA Awards sub-Committee will recommend finalists. Any anomalies or issues will be reported to the RIA Awards Committee for deliberation.
  • Judges Panel – A panel of 10 judges will be responsible for independently assessing each submission based on three equally weighted themes. Judges will use a standardized and transparent scoring framework, evaluation criteria, and scorecard.

Judging Process 

The Assessment Period will take place from March 23 to May 1, 2020. Judges will submit their scorecards to RIA to compile the results. Judges will assess each submission based on three equally weighted themes, by using a standardized and transparent scoring framework, evaluation criteria, and scorecard.

  • Conflicts of Interest – Judges must sign an agreement to declare their commitment to operating in an unbiased manner. Judges will be automatically recused from assessing submissions in a category if they or their firm or sister firm/ subsidiary are among the Entries.

Selecting Judges

Judges will be selected based on the following Standards of Quality:

  • Alignment – The judge’s record and actions are aligned with the goals of responsible investing
  • Credibility – The judge is deemed to be a credible arbiter of responsible investment initiatives
  • Fairness – The judge is viewed as fair and unbiased
  • Neutrality –The judge is viewed as having little or no conflict of interest.
  • Expertise – The judge is deemed to possess the necessary business and category expertise to assess the submission.

The Judges’ Panel will be made up of 10 Volunteers. The Panel’s composition will consider factors such as geography, gender, and racial diversity, consistent with the RIA Board’s Diversity Policy, and will balance representation from the following sectors:

  • Academics
  • Advisors
  • Asset Managers
  • Asset Owners
  • Business/Consulting/Service Provider
  • Financial Institutions (Banks or Credit Unions)
  • Media
  • RI Organizations

IMPORTANT NOTE: The Judges will adhere to Conflict of Interest policies and will sign an agreement to declare their commitment to operating in an unbiased manner.

All selected Judges who are RIA Members must be in good standing with the RIA.

The judges opinions do not necessarily reflect the opinions of the RIA.

Scoring Framework and Scorecard 

Each Judge will arrive at their own score independently and the scores from all Judges will be averaged to arrive at the final combined score for each Submission. Entrants will receive a copy of their completed scorecard upon request. The full scorecards for the Top 3  (“Finalists”) in each category will be made publicly available, as well as the range of scores for all other Entrants. The winner for each category will be announced at the RIA Conference. The Judges’ scores are final.