National Bank Investments Inc. (NBI) announced March 14 that it has become a signatory of the United Nations-supported Principles for Responsible Investment (PRI). The PRI is a proponent of responsible investment that supports an international network of signatories in integrating environmental, social and governance (ESG) factors into their investment analysis, decision-making practices and ownership policies.
"NBI is the leading bank-affiliated asset management firm in Canada guided by a 100% open architecture structure, which allows us to sub-advise exclusively to other firms on the portfolio management of the funds built for our product shelf. We strongly believe that selecting managers who integrate ESG factors into their investment process leads to better outcomes for our clients," explains Terry Dimock, Head Portfolio Manager at NBI. "By adopting and implementing the PRI, we will be helping our clients reach their financial goals while simultaneously contributing positively to society."
Sends a strong message
"We are delighted to welcome National Bank Investments to the PRI," said PRI CEO Fiona Reynolds. "Their recognition of the importance of integrating ESG factors as part of an investment strategy sends a strong message that investments achieve more for beneficiaries when they are sustainably-focused."