BCI Responsible Investing Newsletter

BCI Responsible Investing Newsletter - Q1 2014

Issue link: https://uberflip.bci.ca/i/926244

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INVESTING RESPONSIBLY FOR RESULTS BRITISH COLUMBIA INVESTMENT MANAGEMENT CORPORATION 301 – 2940 JUTLAND ROAD, VICTORIA, BC V8T 5K6 | TEL: 778.410.7310 | EMAIL: communications@bcimc.com | WEB: www.bcimc.com As bcIMC is the investment agent for many institutional clients, this newsletter reflects bcIMC's investment policies and activities. All rights reserved. bcIMC RESPONSIBLE INVESTING NEWSLETTER OUR PARTNERS: STRENGTH IN NUMBERS bcIMC believes that engaging is more effective than divesting in seeking to initiate change. As an investor, we can raise awareness on environmental, social and governance matters to create long-term value and strength; if we divest, we lose that opportunity. We strengthen our voice by joining forces with specific collaborative organizations. Our partners related to climate change include: CDP, an independent organization that works globally with investors, public companies, and governments to gather information aimed at reducing greenhouse gas emissions. As of 2013, 81 per cent of Global 500 companies reported to CDP and had emission reduction targets. bcIMC joined in 2006 and now sits on the CDP Canada Advisory Council. www.cdp.net/en-us/whatwedo/pages/canada.aspx The Investor Network on Climate Risk (INCR), a group of 100 institutional investors (including bcIMC since 2008) dedicated to addressing the risks and opportunities posed by climate change. We are currently part of a global group effort advocating for integrating consistent ESG disclosure requirements in listing rules by all stock exchanges. bcIMC helped develop the recommendations in 2013. www.ceres.org/investor-network/incr PRI, the industry standard for responsible investment. bcIMC is one of 10 international members of the steering committee for PRI's Hydraulic Fracturing Collaborative Engagement, pushing for improved disclosure of associated risks and adoption of best practices by fracking operations globally. bcIMC is lead for Canadian engagement while supporting international efforts. www.unpri.org OUR COMMITMENT TO RESPONSIBLE INVESTING With our $110-billion global portfolio of gross assets, bcIMC is among the world's most influential responsible investors. We are a signatory to the United Nations Environment Programme Declaration on Climate Change, and we endorse the UN-supported Principles for Responsible Investment (PRI), an international initiative to develop and promote best practice in responsible investing by institutional investors. For more information, including regular reports and updates on our responsible investing activities, go to: www.bcimc.com

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