Desjardins Global Asset Management has become a signatory to the Principles for Responsible Investment, a group of international asset holders and managers committed to investing with environmental, social and governance factors in mind.
The group has about 1,700 signatories, representing US$62 trillion in assets under management.
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Desjardins Global Asset Management, which manages $55 billion in assets for the Desjardins Group pension plan, Desjardins Financial Security, Desjardins General Insurance and external institutional clients, began incorporating environmental, social and governance factors into its management approach in 2012.
“By factoring in ESG criteria, we’re able to go beyond the traditional financial analysis of the companies we invest in,” Nicolas Richard, chief operating officer at Desjardins Global Asset Management, said in a statement. “Adopting the PRI shows that we’re committed to growing our responsible investment expertise.”
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