Mackenzie Investments adopts United Nations-supported Principles for Responsible Investment
From www.newswire.ca |Published July 30, 2014
Mackenzie Investments announced today that it has become a signatory to the United Nations-supported Principles for Responsible Investment (PRI) Initiative.
The PRI Initiative is a global network of investors working together to put into practice six Principles for Responsible Investing. Its goal is to contribute to the development of a stronger global financial system by understanding the implications of sustainability for investors and support signatories to incorporate environmental, social and governance (ESG) factors into their investment decision-making processes.
In becoming a signatory, Mackenzie Investments joins some of the world’s largest investment managers, representing more than US$45 trillion in assets under administration by the end of April 2014.
“We are very pleased to participate in this initiative,” said Tony Elavia, Chief Investment Officer at Mackenzie Investments. “The analysis of ESG factors plays a part in assessing whether the companies… read more>