Canadian socially responsible investment shows resilience in the face of financial turbulence
Toronto, Ontario – Thursday, May 5, 2011
Socially responsible investment (SRI) in Canada has weathered the turmoil of the international financial crisis, and continues to represent about one-fifth of assets under management in Canada.
The most recent survey of assets, the Canadian Socially Responsible Investment Review 2010, shows that for June 2010, assets managed under SRI guidelines in Canada were $530.9 billion . The Social Investment Organization (SIO), which compiled the report, estimates this represents about 19 per cent of the total assets of the pension industry, the asset management industry and the mutual fund industry.
“SRI has shown resilience in the face of tough times brought about by the financial crisis of 2008,” says Eugene Ellmen, Executive Director of the Social Investment Organization. “SRI offers a solid option for Canadians who want to invest in accordance with their personal values, or by integrating environmental, social and governance issues in the investment process.”
The Canadian SRI Review is the only comprehensive survey of SRI in Canada. Now in its sixth edition, the document has been produced by the SIO every two years since 2000.
To download a copy of the full report, click here.
The Social Investment Organization is Canada’s trade association for socially responsible investment. Its members include fund companies, asset management firms, institutional investors, pension funds, financial advisors and consultants. Its members serve more than one million Canadian depositors and investors.For more information, contact:
Social Investment Organization
416.461.6042 × 111