ICYMI Duane Green: Why ESG investors need to choose their wealth managers carefully
With $37.9 billion in assets under management in Canadian sustainable funds and ETFs , it is vital that asset managers “walk the talk” when it comes to sustainable investing. Researching and selecting investment partners carefully is essential because many managers have limited experience and resources devoted to this complex field.
As stewards of our clients’ capital, we recognize that the opportunity to generate risk-adjusted returns requires an understanding of how natural, human and financial capital are connected in value creation. This holistic circle of capital applies to every aspect of investing — from the country, issuer and portfolio levels, right down to the individual investor. Companies that manage all three forms of capital well will also enhance the overall productiveness of the economy over the long term.
Human capital is the knowledge, skills and other human characteristics that exist in people and communities; it is a critical ingredient in productivity and economic growth. As investors, we recognize how this contributes to the value of the companies in which we invest — and look to understand the management of human capital accordingly.
In addition to our firm being a founding member of the Canadian Coalition for Good Governance , of which I am also a board member, endorsing the UN’s Principles for Responsible Investment since 2013 and being part of the Net Zero Asset Managers initiative , we advocate for standardized measures and metrics, as well as the development of enhanced sustainability regulation in Canada.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Duane Green: Why ESG investors need to choose their wealth managers carefullyOpportunists are trying to exploit interest in sustainability by greenwashing their expertise, resulting in investor cynicism. Read on.
Read more »
Duane Green: Why ESG investors need to choose their wealth managers carefullyOpportunists are trying to exploit interest in sustainability by greenwashing their expertise, resulting in investor cynicism. Read on.
Read more »
Teck Resources’ ESG record has some legacy issuesTeck holds up its ESG record as a takeover defence - but it’s been fined millions of dollars for allowing coal-mining waste to seep into Elk Valley waterways and critics say it’s far behind on a plan to fix the problem
Read more »
Lower Mainland Green Team offers chance to get outdoors and help the environmentTwo opportunities await community members interested in making positive environmental impact.
Read more »
Canucks: Does Travis Green have a legitimate shot at running the Flames bench?Nobody in the Calgary Flames organization should be comfortable. That’s why kicking the tires on Green should be part of the process.
Read more »
How a dirty industrial port town on the East Coast plans to go greenThe CEO of a New Brunswick outpost has an alternative path in mind that includes transforming the port into a \u0022green energy hub.\u0022 Read on.
Read more »