The Canadian Source Of Employee Pension Fund Investment And Benefits Plan Management

Directories

Socially Responsible Investing

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Money Managers

ABERDEEN ASSET MANAGEMENT INC.
Renee Arnold, Head of Business Development - Canada; 161 Bay St., 44th Floor, TD Canada Trust Tower, Toronto, ON M5J 2S1
PH: 416-777-5571
Fax: 866-290-9322
eMail: renee.arnold@aberdeen-asset.com
Web: www.aberdeen-asset.ca
Products/Services: EAFE Plus Equity SRI, Global Equity SRI
Managed Since: 1995
Canadian Clients: 6
Philosophy/Style: Employs bottom-up fundamental analysis focusing on absolute return; invests in companies with sound fundamentals that pass investment criteria for quality and price; for SRI mandates, companies must also pass a screening process for acceptable social behaviour

ADDENDA CAPITAL
Michel Jalbert, Senior Vice-president, Business Development & Client Partnerships; 800 Rene-Levesque Blvd. W., Ste. 2750, Montreal, QC H3B 1X9
PH: 514-287-7373
Fax: 514-287-7200
eMail: info@addenda-capital.com
Web: www.addenda-capital.com
Managed Since: 1992
Canadian Clients: 7
Philosophy/Style: Committed to improving clients' investment performance by incorporating environmental, social, and governance (ESG) issues into investment analysis and decision-making and by monitoring and engaging with investee companies, regulators, and policy makers on ESG matters

AEGON CAPITAL MANAGEMENT INC.1
R. Gregory Ross, President & CEO; 5000 Yonge St., 8th Floor, Toronto, ON M2N 7J8
PH: 416-883-5801
Fax: 416-883-5790
eMail: greg.ross@aegoncapital.ca
Web: www.aegoncapitalmanagement.ca
Products/Services: Follows an investment process that actively considers environmental, social, and corporate governance factors in investment activities, decisions, and ownership practices; currently offers a number of SRI products in the United Kingdom, the Netherlands, and Hungary
Managed Since: 2012
Canadian Clients: 2
Philosophy/Style: Investment processes that actively consider environmental, social, and corporate governance factors in investment activities, decisions, and ownership practices
1 - Aegon Capital Management Inc. is part of Aegon Asset Management

AGF MANAGEMENT LIMITED (AGF)
Michael Peck, Senior Vice-president, Head of Canadian Institutional; 66 Wellington St. W., 31st Floor, Toronto Dominion Bank Tower, Toronto, ON M5K 1E9
PH: 416-865-4253
Fax: 416-865-4247
eMail: michael.peck@agf.com
Web: www.agf.com/institutional/
Products/Services: Offers clients access to an environmentally focused strategy through the its global sustainable growth strategy
Managed Since: 19912
Canadian Clients: 03
Philosophy/Style: Its strategy utilizes a rigorous investment process to identify reasonably priced growth securities with long-term capital appreciation potential; it then focuses on specific investment opportunities within four key themes where innovative solutions are being applied to critical environmental issues; this offers investors exposure to high-growth environmental themes and catalysts
2 - Acuity, a subsidiary of AGF, has an SRI track record going back to 1991.
3 - Currently we do not have Canadian Pension client investing in our SRI products.

AMUNDI CANADA INC.
Gilbert Lavoie, President; 2000 McGill College Ave., Montreal, QC H3A 3H3
PH: 514-982-2902
Fax: 514-982-2915
eMail: gilbert.lavoie@amundi.com
Web: www.amundi.com
Products/Services: All investment processes can incorporate ESG factors in portfolio construction, either bonds or equity
Managed Since: 1989
Philosophy/Style: Best-in-class approach in a global universe where an extra financial rating is based first on an agency consensus and then enhanced by internal analysis stemming from the SRI analysts' meetings with companies and their stakeholders; extra financial team consists of 14 analysts dedicated to research

BNP PARIBAS INVESTMENT PARTNERS CANADA LTD.
James Johnston, Head of North American Sales; 155 Wellington St. W., Ste. 3110, RBC Centre, Box 149, Toronto, ON M5V 3H1
PH: 212-681-3039
Fax: 416-365-3987
eMail: james.johnston@bnpparibas.com
Web: www.bnpparibas-ip.com
Products/Services: BNP Paribas Asset Management - SRI Equities, SRI Fixed Income, SRI Balanced Solutions, SRI Structured Solutions; IMPAX Asset Management - Environmental Equity Strategies; FundQuest - Multi-management SRI Strategies; THEAM - EasyETF Tracker Range
Managed Since: 2001
Philosophy/Style: Offers complete range of sustainable investment solutions that add value by capturing new opportunities resulting from sustainable development; reducing emerging risks created by unsustainable development; supporting higher degree of responsibility

CIBC ASSET MANAGEMENT INC.
Sean Wagner, Assistant Vice-president, Institutional Advisory Group; 161 Bay St., Ste. 2320, Toronto, ON M5J 2S8
PH: 416-980-7833
Fax: 416-364-4472
eMail: Sean.Wagner@cibc.ca
Web: www.cibcam.com
Products/Services: Canadian Equity Socially Responsible, Socially Responsible Balanced Pool
Managed Since: 1980
Canadian Clients: 13
Philosophy/Style: Searches for firms that rank highly for addressing social, ethical, and environmental concerns; identifies companies in sound financial condition whose management team is focused and credible; generates and maintains a properly diversified portfolio

DESJARDINS GLOBAL ASSET MANAGEMENT
Jay Aizanman, Diector, Business Strategy and Development; 1, Complexe Desjardins S., 25th floor, Montreal, QC H5B 1B3
PH: 514-350-8686
Fax: 514-281-7253
eMail: jay.aizanman@desjga.com
Web: www.desjardins.com/ca/business/investment/institutional-portfolio-management/index.jsp
Products/Services: Environmental Global Equity
Managed Since: 2011
Canadian Clients: 1
Philosophy/Style: Undertaking a total return approach, the systematic strategy equal-weights 150 holdings that have a lower Trucost environmental footprint than the reference index

FIERA CAPITAL CORPORATION
David Pennycook, Vice-chairman & Executive Vice-president, Institutional Markets; 1501 McGill College Ave., Montreal, QC H3A 3M8
PH: 514-954-3300
Fax: 514-954-3325
eMail: dpennycook@fieracapital.com
Web: www.fieracapital.com
Products/Services: Active Fixed Income Ethical, Canadian Equity Value ESG, Canadian Equity ESG -Selexia, US Equity ESG, International Equity ESG, Balanced EFT Fund
Managed Since: 2004
Canadian Clients: 3
Philosophy/Style: Integrates three approaches to establish its ESG strategy; begins by screening from the investment universe the companies which operate in ineligible industries; then ranks the remaining companies on their ESG performance and applies rigorous governance practices

GENUS CAPITAL MANAGEMENT
J.P. Harrison, President; 6th Floor - 900 W. Hastings St., Vancouver, BC V6C 1E5
PH: 604-683-4554
Fax: 604-683-7294
eMail: info@genuscap.com
Web: www.genuscap.com
Products/Services: Impact Equity, Biosphere Dividend Equity, Biosphere Canada + Global Equity, Biosphere Corporate Bond
Managed Since: 1994
Philosophy/Style: Specializes in building globally diversified portfolios made up of high-quality companies with good fundamentals that are also attractive in terms of their price momentum; believes this combination of attributes helps minimize portfolio risk and leads to long-term outperformance

GLC ASSET MANAGEMENT GROUP LTD.
Craig Christie, Vice-president, Institutional Investment Counselling; 100 Osborne St. N., Winnipeg, MB R3C 3A5
PH: 204-946-7988
Fax: 204-946-8818
eMail: glcinstitutional@glc-amgroup.com
Web: www.glc-amgroup.com
Products/Services: Ethics Fund 9.02G, Socially Responsible Canadian Bond Fund 16.02G, Commercial Mortgage Fund
Managed Since: 2000
Canadian Clients: 1224
Philosophy/Style: SR equity fund invests in shares of publicly traded Canadian companies that conduct business operations in a socially responsible manner, according to 'ethical' screens that show strong growth prospects, some exposure to foreign companies that meet these criteria; integrated top-down, bottom-up style; SR bond fund invests in Canadian federal and provincial government debt obligations and an 'ethical' screened listing of medium- to high-quality corporate debt securities
4 - as at April 2014

GUARDIAN ETHICAL MANAGEMENT
Brian Holland, Senior Vice-president, Client Services; 199 Bay St., Commerce Court W., Ste. 3100, Toronto, ON M5L 1E8
PH: 416-350-3146
Fax: 416-364-9634
eMail: bholland@guardiancapital.com
Web: www.gemportfolios.com
Products/Services: Canadian Equity, Global Equity, Fixed Income, Balanced, Dividend Strategies
Managed Since: 2005
Canadian Clients: 4
Philosophy/Style: Believes that engaging management is the most effective approach to change in corporate practices

LETKO, BROSSEAU & ASSOCIATES INC.
Lisa Caswell, Client Services; 145 King St. W., Ste. 2101, Toronto, ON M5H 1J8
PH: 647-426-1780
Fax: 647-426-1587
eMail: lisa.caswell@lba.ca
Web: www.lba.ca
Products/Services: ESG Balanced Fund
Managed Since: 2010
Philosophy/Style: Mission to safeguard and responsibly grow entrusted assets; uses fundamental long-term approach with rigorous in-house analysis of companies, industries, economies; employs broad international diversification with careful price discipline; seeks high credit quality fixed income; companies screened for environmental care, corporate governance, social rights

LINCLUDEN INVESTMENT MANAGEMENT
Wayne Wilson, Vice-president; 1275 N. Service Rd. W., Ste. 607, Oakville, ON L6M 3G4
PH: 905-825-3543
Fax: 905-825-9525
eMail: wayne.wilson@lincluden.net
Web: www.lincluden.net
Products/Services: ESG Mandates - Canadian Equities, US Equities, MSCI EAFE, MSCI World
Managed Since: 2012
Canadian Clients: 3
Philosophy/Style: Value investors who believe that while financial markets are efficient in the long term, they can be inefficient in the short to medium term and financial markets will often misprice the stock price of a company in the short run giving an investor the opportunity to buy securities at a discount to their economic or intrinsic value; ESG analysis is integrated in all portfolios in forming of the assessment of the quality and stability of each company's cash flows

MFS INVESTMENT MANAGEMENT CANADA LIMITED
Christine Girvan, Managing Director Sales, Canada; 77 King St. W., 35th Floor, Toronto, ON M5K 1B7
PH: 416-361-7273
eMail: cgirvan@mfs.com
Web: www.mfs.com
Products/Services: Offers a range of four pooled funds which are managed with SRI considerations: Responsible Balanced Fund, Responsible Canadian Fixed Income Fund, Responsible Canadian Equity Fund, Responsible Global Research Fund; offers customized screening for separate portfolios
Managed Since: 2000
Canadian Clients: 115
Philosophy/Style: Socially responsible investing is an investment strategy that seeks to maximize long-term financial return through investments in companies that more consistently promote environmental stewardship, consumer protection, human rights, and diversity
5 - as of March 31, 2014

MONTRUSCO BOLTON INVESTMENTS INC.
Richard Guay, Senior Vice-president; 1501 McGill College Ave., Ste. 1200, Montreal, QC H3A 3M8
PH: 514-842-6464
Fax: 514-282-2550
eMail: guayr@montruscobolton.com
Web: www.montruscobolton.com
Products/Services: SRI guidelines applied to all fundamentally-managed strategies
Managed Since: 2005
Canadian Clients: 1
Philosophy/Style: Filters include alcohol, tobacco, adult entertainment, risk countries; shareholder engagement strategies include management meetings, formal requests to boards of directors, shareholder proposals, collaborative engagement strategies

OPTIMUM ASSET MANAGEMENT INC.
Gérald Gagnon, Vice-president, Investment; 425 de maisonneuve Blvd. W., Montreal, QC H3A 3G5
PH: 514-288-7545
Fax: 514-288-4280
eMail: ggagnon@optimumasset.com
Web: www.optimumasset.com
Canadian Clients: 16
Philosophy/Style: Believes that a company having good ESG standards and practices will, in the long run, be better managed and, therefore, get better results

PHILLIPS, HAGER & NORTH INVESTMENT MANAGEMENT
John Skeans, Head of Consultant Relations (Canada); 20th Floor, 200 Burrard St., Vancouver, BC V6C 3N5
PH: 604-408-6238
Fax: 604-685-5712
eMail: data@phn.com
Web: www.phn.com
Products/Services: Pooled investment services using Community Values Funds and RBC Jantzi Fund - Community Values Balanced Fund, Community Values Bond Fund, Community Values Canadian Equity Fund, Community Values Global Equity Fund, RBC Jantzi Balanced Fund, RBC Jantzi Canadian Equity Fund, RBC Jantzi Global Equity Fund, Segregated Investment Services
Managed Since: 2002
Canadian Clients: 2
Philosophy/Style: Community Values Funds are modeled after its 'core' funds, and managed according to te Community Values Investment Principles, which are applied to a company's environmental, social, and governance record; investments are not made in companies that score poorly against the criteria in the investment principles; the RBC Jantzi funds utilize Sustainalytics to implement ESG criteria in the funds' investment process

PICTET ASSET MANAGEMENT
John Maratta, Executive Vice-president; 1000 de la Gauchetiere W., 3100, Montreal, QC H3B 4W5
PH: 514-288-0253
Fax: 514-288-5473
eMail: mtl-inst@pictet.com
Web: www.pictet.com
Products/Services: Core Strategies - SRI Bonds, SRI Equities, SRI Balanced; Thematic Funds - PF(LUX)Water, PF(LUX)-Clean Energy, PF(LUX)Timber
Managed Since: 1998
Canadian Clients: 06
Philosophy/Style: Believes in building portfolios for investors that satisfy their environmental and social objectives for sustainable investment without sacrificing performance relative to a conventional active portfolio
6 - There is a Canadian Nonprofit organization invested in two of our SRI strategies.

RENEWAL FUNDS
Nicole Bradbury, Vice-president; 500-163 W. Hastings St., Vancouver, BC V6B 1H5
PH: 604-844-7474
Fax: 604-844-7441
eMail: valerie@renewalfunds.com
Web: www.renewalfunds.com
Products/Services: Canadian Limited Partnership, US Limited Partnership, Canadian Trust
Managed Since: 2008
Philosophy/Style: Believes the way we are currently living on the planet is unsustainable and that by supporting businesses that empower consumers, businesses, and governments to make more resilient choices we can create social, environmental, and financial return

SARONA ASSET MANAGEMENT
Khanh Huynh, Investor Relations; 55 Victoria St. N., Kitchener, ON N2H 5B7
PH: 519-883-7557
eMail: sarona@saronafund.com
Web: saronafund.com
Products/Services: Private equity fund-of-funds in emerging markets
Managed Since: 1953
Philosophy/Style: Private equity fund-of-funds investing in small/mid-market companies in frontier and emerging markets

STANDARD LIFE INVESTMENTS INC.
Jay Waters, Client Director; 121 King St. W., Ste. 810, Toronto, ON M5H 3T9
PH: 416-367-2049
Fax: 416-367-1329
eMail: jay.waters@standardlife.ca
Web: www.sli.ca
Products/Services: Offers separate accounts according to screening criteria specified by the client
Managed Since: 1999

TD ASSET MANAGEMENT INC.7
Mark Cestnik, Head of Relationship Management; 161 Bay St., 34th Floor, Toronto, ON M5J 2T2
PH: 416-983-7088
eMail: mark.cestnik@tdam.com
Web: www.tdaminstitutional.com
Products/Services: Sustainable Investing
Managed Since: 2007
Philosophy/Style: Believes that integrating relevant ESG factors into investment decision-making provides enhanced analysis of investment risk; has been a signatory to the Principles for Responsible Investment since 2008
7 - A wholly-owned subsidiary of The Toronto-Dominion Bank

UBS GLOBAL ASSET MANAGEMENT
David Coyle, Executive Director; 161 Bay St., Ste. 4100, Toronto, ON M5J 2S1
PH: 416-681-5200
Fax: 416-681-5100
eMail: david.coyle@ubs.com
Web: www.ubs.com
Products/Services: Global Sustainable Equity available as segregated accounts and compliant mutual fund
Managed Since: 1997
Canadian Clients: 2
Philosophy/Style: Global Sustainable Equity invests in attractively valued companies with strong fundamental valuation as well as a long-term sustainable business model; the strategy is actively positioned to benefit from themes such as water and energy conservation and demographics

UNIGESTION ASSET MANAGEMENT (CANADA) INC.
Heather Cooke, Director, Institutional Clients; TD Canada Trust Tower, 161 Bay St., 27th Floor, Toronto, ON M5J 2S1
PH: 647-350-2025
eMail: hcooke@unigestion.com
Web: www.unigestion.com
Products/Services: Incorporates ESG considerations within the investment processes for pooled funds and segregated mandates in all four of its investment lines: risk managed equities (Global, EM, US, Europe, Asia Pacific, Japan), Private Assets, Hedge Funds, Cross Asset Solutions
Managed Since: 2011
Canadian Clients: 8
Philosophy/Style: As UNPRI signatories, it is committed to incorporating responsible investment principles into investment practices; investment philosophy is focused on understanding all kinds of risks, including ESG related risks, and actively managing them to deliver outperformance and protection against downside exposure
8 - We manage an equities mandate using an ESG exclusion list for a Canadian Insurer.

WELLINGTON MANAGEMENT COMPANY LLP
Susan M. Pozer, Director, Consultant Relations; 280 Congress St., Boston, MA 02210
PH: 617-951-5000
eMail: mig@wellington.com
Web: www.wellington.com
Products/Services: SRI guidelines are client directed, willing to discuss these guidelines for most of US, Global, and International Equity and Fixed Income products; signatory to the UN PRI
Managed Since: 1994
Philosophy/Style: Has assisted clients in the development of investment 'screens' or complete investment styles that seek to achieve specified investment goals while complying with the restrictions

Services

GROUPE INVESTISSEMENT RESPONSABLE INC.
Olivier Gamache, CEO; 255 Saint-Jacques, 3rd Floor, Montreal, QC H2Y 1M6
PH: 514-448-5400
Fax: 514-448-5558
eMail: info@gir-canada.com
Web: www.gir-canada.com
Products/Services: Proxy voting services, Voting alerts, Portfolio reviews, Screening, Risk evaluation, ESG integration, Policy development, Product development, Training, Consultation
Managed Since: 2000
Philosophy/Style: Provides independent and accurate information on ESG matters in research and voting activities

INVESTING FOR THE SOUL
Ron Robins, Owner/Analyst; 7625 Ronnie Cres., Niagara Falls, ON L2G 7M1
PH: 289-271-0873
eMail: ronr@investingforthesoul.com
Web: investingforthesoul.com/
Products/Services: Provides company specific ESG assessments and information; an ESG portfolio review service to determine if a particular set of values are reflected in the holdings
Managed Since: 2002
Philosophy/Style: Company research and portfolio audits and opinions based on the environmental, social, governance, and ethical values selected by the client

MERCER INVESTMENTS
Jane Ambachtsheer, Partner; 161 Bay St., Toronto, ON M5J 2S5
PH: 416-868-2659
Fax: 416-868-2131
eMail: jane.ambachtsheer@mercer.com
Web: www.mercer.com/ri
Products/Services: Trustee education and training, Policy development, Manager selection and monitoring, PRI Implementation and Reporting, Portfolio ESG reviews, Climate change scenarios and strategic asset allocation, Sustainability-themed alternative investment strategies
Managed Since: 2004
Canadian Clients: 33
Philosophy/Style: Drawing on a Global RI team, it focuses on each client's unique circumstances and objectives in providing advice and the tools needed to identify and integrate environmental, social, and governance factors into planning and implementing investment strategies

SHAREHOLDER ASSOCIATION FOR RESEARCH AND EDUCATION
Peter Chapman, Executive Director; 1055 W. Georgia St., 26th Floor, Vancouver, BC V6E 3R5
PH: 604-408-2456
Fax: 604-408-2525
eMail: info@share.ca
Web: www.share.ca
Products/Services: Shareholder engagement services, Proxy voting services, Responsible investment consulting, Affiliate service
Managed Since: 2000
Canadian Clients: 24
Philosophy/Style: Helps institutional investment decision-makers implement investment practices that promote sustainability, good governance, and respect for human rights and the environment - all essential elements to maintain a sustainable economy on which pension funds and others depend for long-term investment returns

SUSTAINALYTICS
Heather Lang, Director, Institutional Relations, Canada; 215 Spadina Ave, Ste. 300, Toronto, ON M5T 2C7
PH: 416-861-0403
eMail: heather.lang@sustainalytics.com
Web: www.sustainalytics.com
Products/Services: Company ESG reports, Global compact compliance service, Controversial weapons radar, Country risk monitor, Industry reports, PRI signatory advisory services, RI policy implementation services, Engagement support services, Portfolio analytics
Managed Since: 1992
Canadian Clients: 9
Philosophy/Style: Provides ESG research and analysis for investors and financial institutions with a global perspective, underpinned by local expertise in the responsible investment market; Provides clients with high-quality solutions that are responsive to their needs

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