The Responsible Investment Association (RIA) is pleased to announce that BMO Global Asset Management, Mackenzie Investments, and Scotia Global Asset Management have become Sustaining Members of the Responsible Investment Association. Sustaining Membership is the RIA’s top level of membership, signalling a strong commitment to, and a leading position within, the association.
Sustaining Members participate on the RIA Leadership Council, which plays an advisory role to management on strategic RIA projects and programs. The three new Sustaining Members join the following institutions in the category: Addenda Capital, AGF Management Limited, CIBC, Desjardins Group, iA Wealth, NEI Investments, RBC Global Asset Management, Refinitiv, and TD Bank Group.
“We are thrilled to welcome BMO GAM, Mackenzie, and Scotia GAM as Sustaining Members of the RIA,” said Dustyn Lanz, the RIA’s CEO. He added, “The market for responsible investment is growing and evolving at an unprecedented pace, and we look forward to working with our new Sustaining Members to advance the RIA’s vision to align capital with sustainable and inclusive development.”
The RIA is Canada’s industry association dedicated to the growth and development of responsible investment, and its vision is to align capital with sustainable and inclusive development as codified in the Paris Agreement and the UN Sustainable Development Goals. The RIA’s membership includes asset managers, asset owners, advisors, and service providers who support these objectives. The RIA has grown rapidly in recent years alongside growing interest in investments that incorporate environmental, social, and governance (ESG) criteria. Its institutional membership represents more than 140 organizations managing more than C$29 trillion in assets.
“At BMO Global Asset Management, we strive to lead the advancement of responsible investing values through active engagement with companies to improve ESG practices and our own sustainable product offerings for investors,” said Sadiq Adatia, Chief Investment Officer, BMO Asset Management. “We are proud to build on this commitment through our new top-level RIA membership. Responsible investing provides the opportunity to help our clients meet their investing goals, while also contributing to a sustainable future for all – a key pillar of BMO’s Purpose to Boldly Grow the Good in business and life.”
“We’re honoured to be joining the Responsible Investment Association and are looking forward to working within our industry to provide Canadians with even more access to sustainable investments and establish our country as a global leader in the space,” said Fate Saghir, Head, Sustainable Investing, Mackenzie Investments.
“We are extremely pleased to become a Sustaining Member of the RIA to further support the important work the Association is doing and to play a greater a role in advancing the dialogue on sustainable and inclusive investment in Canada,” said Neal Kerr, Head, Scotia Global Asset Management (Canada).
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