RBC Global Asset Management (RBC GAM) has become a signatory to the United Nations-backed Principles for Responsible Investment (UN PRI), underlining its commitment to incorporating environmental, social and governance (ESG) issues into its investment practices and ownership policies.
The company’s Corporate Governance & Responsible Investment (CGRI) group is responsible for managing and coordinating responsible investment activities.
The activities include integrating ESG considerations across all investment classes, proxy voting in accordance with internally developed principles, engagement with investee companies and collaboration with other like-minded investors, RBC GAM said in a statement.
RBC GAM CIO Dan Chornous said: "While ESG integration is not new to our investment process, adopting the UN PRI further demonstrates our ongoing commitment to responsible investing.
"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 maximizing returns for our clients."
RBC GAM’s CGRI group head and vice president Judy Cotte said: "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."
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData