February 2, 2017
By: BPM Magazine Staff
Total assets in responsible investment (RI) reached $1.51 trillion in Canada at the end of 2015, a 49 per cent increase from 2013, says Dustyn Lanz, senior director, communications and member affairs, at the Responsible Investment Association. Presenting the ‘Canadian Responsible Investment Trends Report,’ he said this means RI accounts for 38 per cent of total assets under management, up from 31 per cent in 2013. As well, 80 per cent of these assets are held by pension funds, which account for 75 per cent of the industry’s growth since 2013. Drivers of this growth include more investment manager engagement with RI and increased awareness of ESG (environmental, social, and governance) opportunities and risks.
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