January 15, 2017
As Canadians strive to align their investments with their environmental and social values, asset-management firms are likely to ramp up their focus on responsible investing (RI) in the year ahead to meet clients’ evolving needs.
“We’re seeing a growing product landscape for RI,” says Dustyn Lanz, CEO of the Responsible Investment Association (RIA) in Toronto. “In a decade or so, I think we’re going to look back to today as a major tipping point for RI in Canada.”
Interest in RI has risen sharply in recent years. In fact, assets under management (AUM) in RI increased by 50% to $1.5 trillion in 2015 from $1 trillion in 2013, according to the RIA’s 2016 Canada RI Trends Report.