TORONTO – February 8, 2018 – Libro Credit Union and the Responsible Investment Association (“RIA”) are pleased to announce that Libro Credit Union has become an Associate Member of the RIA.
“We are very pleased to welcome Libro Credit Union as an Associate Member of the Responsible Investment Association,” said Dustyn Lanz, CEO of the RIA. “Libro’s decision to join the RIA will strengthen our capacity to promote education about responsible investing in the credit union system. We look forward to working with Libro in 2018 and beyond.”
The RIA is Canada’s industry association dedicated to advancing responsible investment, which refers to the incorporation of 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.
“We look forward to working with the Responsible Investment Association to continue to help Libro Owners achieve prosperity,” said Carol Normandeau, Executive Vice President of Advice and Service Delivery with Libro Credit Union. “We see the importance of investing in partnerships that serve a social purpose, giving Owners the opportunity to make investment decisions that are aligned to their values and have a local and global impact.”
About Libro Credit Union
Libro is southwestern Ontario’s largest credit union with $4 billion in assets under administration and more than 100,000 Owners across southwestern Ontario. As a co-operative financial institution with more than 70 years of history, Libro supports the well-being of people, businesses and communities by providing high-quality financial coaching and profit sharing. Libro offers a full range of financial products and services for consumers, businesses and farms, including savings and chequing, investing, and borrowing. Great service can be experienced through 31 branches, online, telephone, mobile devices and a network of 4,000 ATMs across Canada.
About Responsible Investment Association
The Responsible Investment Association (RIA) is Canada’s membership association for Responsible Investment (RI). Members include mutual fund companies, financial institutions, asset management firms, advisors, consultants, investment research firms, asset owners, individual investors and others interested in RI. Our members believe that the integration of environmental, social and governance (ESG) factors into the selection and management of investments can provide superior risk adjusted returns and positive societal impact. To learn more about the RIA, please visit riacanada.ca.
Nick Buccheri, Manager, Communications and Digital Media, RIA, (416) 461-6042 x3