iA becomes signatory of the UN’s Principles for Responsible InvestmentBy The IJ Staff | April 18 2019 11:30AM
iA Financial Group announced April 17 that the company is now a signatory of the United Nations Principles for Responsible Investment (PRI) through its iA Investment Management (iAIM) subsidiary.
The Principles for Responsible Investment (PRI) were developed by an international group of institutional investors in partnership with the United Nations Environment Programme (UNEP) Finance Initiative and the UN Global Compact. They reflect the increasing relevance of environmental, social and corporate governance issues to investment practices.
As of October 2018, there were more than 2,000 PRI signatories from over 50 different countries, representing more than $80 trillion in assets. Canada accounted for 116 of these PRI signatories.
"We believe responsible investment is a factor of success and that incorporating environmental, social and governance criteria is the best way to achieve responsible investment. Creating long-term value relies on a financial system that is both sustainable and economically effective," stated Michel Tremblay, Executive Vice‑President and Chief Investment Officer of iA Financial Group.