The British Columbia Investment Management Corp. has released its environmental, social and governance strategy, which outlines its beliefs, principles, governance and how its investment strategies consider ESG factors.
The strategy includes four components: integrate, influence, invest and insight. In particular, the BCI is focused on integrating ESG analysis and risk management into investment processes, influencing others through engagement and advocacy, seeking opportunities to invest in ESG-themed investments and using learnings to generate insights to adapt strategies and approaches.
“Our updated ESG strategy marks the culmination of a collaborative effort across the corporation and builds upon BCI’s long-standing commitment to ESG,” said Jennifer Coulson, the BCI’s vice-president of ESG for public markets, in a press release. “It strengthens our approach to mitigating the long-term risks and opportunities that ESG matters present as part of the prudent investment management of our clients’ funds.”