October 18, 2017 – HSBC Global Asset Management (Canada) Ltd and the Responsible Investment Association have announced that HSBC Global Asset Management (Canada) Ltd has become an associate member of the RIA.
“We’re pleased to welcome HSBC Global Asset Management Canada as an associate member,” said Deb Abbey, CEO of the RIA. “We look forward to working with their team to advance the practice of responsible investing in Canada.”
The RIA is a national, membership-based organization that is committed to advancing responsible investment, which refers to the incorporation of environmental, social and governance (ESG) factors into the selection and management of investments. RIA membership has grown rapidly in recent years as investors increasingly seek investments that align with their values and manage exposure to ESG risks and opportunities.
“At HSBC Global Asset Management, responsible investing is integral to our investment philosophy and approach,” said Marc Cevey, Chief Executive Officer, HSBC Global Asset Management (Canada) Ltd. “We have extensive experience in responsible investment and believe good management of environmental, social and governance risks contribute to long-term business success. We signed onto the UN Principles for Responsible investment in 2006 when the policies were first launched. We are delighted to be a part of the Responsible Investment Association today and look forward to deepening our commitment and leadership in sustainable investing.”
About HSBC Global Asset Management
HSBC Global Asset Management is a major global asset management firm managing assets totalling USD446.4 billion as of 30 June 2017 with well-established businesses in Europe, the Asia-Pacific region, North America, Latin America and the Middle East.
About Responsible Investment Association
The Responsible Investment Association (RIA) is Canada’s membership association for responsible investment (RI). RI refers to the integration of environmental, social and governance (ESG) criteria into the selection and management of investments. We are a national, membership-based organization composed of financial institutions, mutual fund companies, asset management firms, financial advisors, ESG research firms, and various organizations and individuals who practice and support responsible investing. The RIA and its members strongly believe that RI is a valuable investment tool to enhance returns, reduce risk, and catalyze positive societal change.
For further information
Nick Buccheri
Communications Manager
Responsible Investment Association
416-735-3002 | nick@riacanada.ca
