UTAM included in ILPA’s ESG best practices compilation

The Institutional Limited Partners Association has included the University of Toronto Asset Management Corp. in its environmental, social and governance roadmap and resources compilation.

“Comprised of best practices that limited partners can consider implementing to advance ESG efforts at their organizations, the roadmap promotes the sharing of initiatives and resources on a global basis,” the ILPA’s website said. “The intent of the roadmap is to provide a directory of helpful ESG-related resources to LPs, tagged to specific actions which LPs may take to integrate ESG considerations into their investment programs. It was crafted with input from ILPA members and industry third parties.”

In particular, the roadmap, which can only be accessed by members of the ILPA, includes the UTAM’s responsible investing policy, responsible investing committee mandate and the responsible investing section of its website.

“We applaud ILPA for undertaking the roadmap initiative and are delighted that our responsible investing activities have been included as examples of best practices in several areas,” said Daren Smith, the UTAM’s president and chief investment officer, in a press release. “UTAM is committed to integrating ESG considerations into our investment decision-making processes. We have devoted significant time and resources to developing our responsible investing practices and it is gratifying to see our work featured by an industry-leading organization such as ILPA.”

Other investors can submit best practices and resources to be considered for inclusion on the ILPA’s website.