The OPSEU Pension Trust is investing in Environmental 360 Solutions Inc., an eco-friendly waste management solutions company headquartered in Napanee, Ont.

Furthering its commitment to responsible investing, the investment signals that environmental, social and governance factors remain a part of the pension fund’s long-term vision, noted a press release.

“We are very pleased to announce our investment into E360S,” said Trevor Speis, director in the OPTrust’s private markets group, in a press release. “Alongside our partners . . . we look forward to capitalizing on future growth opportunities and the continued success of E360.”

Read: OPTrust launches sustainable investing, innovation team with capital allocation mandate

Donato Ardellini, the company’s founder, noted the investment will allow E360S to continue on its growth trajectory and build a national diversified environmental management company.

He added the investment further validates E360S’ vision of becoming Canada’s most trusted environmental partner. Capital raised from this investment will support organic initiatives and acquisitions.

Copyright © 2020 Transcontinental Media G.P. Originally published on benefitscanada.com

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