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RBC GAM signs UN PRI

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RBC Global Asset Management (RBC GAM) has become a signatory of the United Nations-supported Principles for Responsible Investment (UN PRI).

The UN PRI is recognised as the leading global network for investors who are committed to integrating environmental, social and corporate governance (ESG) considerations into their investment practices and ownership policies.
 
“While ESG integration is not new to our investment process, adopting the UN PRI further demonstrates our ongoing commitment to responsible investing,” says Dan Chornous (pictured), chief investment officer of RBC GAM. “As investment managers, we have a fiduciary duty to explore all factors that could potentially impact the performance of companies in which we invest. Implementing the principles of the UN PRI across all our investment classes and ensuring our teams are sufficiently resourced to deliver on that promise is consistent with our primary focus on maximising returns for our clients.”
 
RBC GAM’s Corporate Governance & Responsible Investment (CGRI) group is responsible for managing and coordinating responsible investment activities, which include integrating ESG considerations across all its investment classes, proxy voting in accordance with internally developed principles, engagement with investee companies and collaboration with other like-minded investors.
 
“Our approach to responsible investment is anchored by the knowledge that our clients have entrusted us to help them secure a better financial future for themselves or their beneficiaries,” says Judy Cotte, vice-president and head of RBC GAM’s CGRI group. “We believe that our role as an active, engaged and responsible owner allows us to enhance the long-term, sustainable performance of our investment solutions.”

RBC GAM has a long history of acting as an engaged asset manager. In addition to becoming a signatory of the UN PRI, RBC GAM is a founding member of the Canadian Coalition for Good Governance (CCGG) and Chornous has been the board chair since 2011. RBC GAM is also a Sustaining Member of the Responsible Investment Association (RIA), a non-profit organization committed to advancing the use of ESG criteria in Canada’s investment industry, and is a member of the International Corporate Governance Network and the Council of Institutional Investors.
 
 

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