View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. News
  2. Company news
August 31, 2015updated 04 Apr 2017 1:36pm

RBC GAM becomes signatory to UN-backed principles for responsible investment

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.

By Verdict Staff

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."

 

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Private Banker International