For the Public Sector Pension Investment Board, or PSP Investments, responsible investment is a key part of investing.
To reflect this, PSP Investments has released its first responsible investment report, as a complement to its annual report. The document lists the initiatives the board has taken to promote responsible corporate behaviour and integrate ESG factors into investment analysis.
Those initiatives include:
- identifying, monitoring and mitigating ESG issues for each asset class and the total portfolio;
- promoting greater gender diversity on boards of TSX-listed issuers;
- performing ESG assessment on all significant private market transactions; and
- creating and hosting Canada’s first ESG peer forum for leading pension funds.
Stéphanie Lachance, vice-president of Responsible Investment, is the leader of PSP Investments’ responsible investment group. The group was created over the last fiscal year.