CIBC embraces principles for responsible investing

CIBC Asset Management has become a signatory of the United Nations-supported principles for responsible investment (PRI).

Read: Responsible investment here to stay, despite hurdles

PRI is the world’s leading proponent of responsible investment, bringing together a global network of asset owners, investment managers and service providers who are committed to integrating environmental, social and governance (ESG) factors into their investment practices, analysis and decision-making processes.

Read: Unsure how to use ESG analysis? Start with G, says RI expert

“By becoming a part of this important global initiative, we reinforce and further our dedication to responsible investing and the application of ESG principles to our everyday investing decisions,” says David Scandiffio, president and CEO at CIBC Asset Management, in a release.

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The staff of Advisor.ca have been covering news for financial advisors since 1998.