News and views on the world of socially responsible investing in Canada, including original content related to social, environmental, human rights and corporate governance issues. Written and maintained by a Toronto-based financial advisor and an Ottawa-based writer/editor.
Thursday, February 2, 2017
Pension funds boost responsible investment assets
Canadian RI Assets Surpass $1.5 Trillion: Canadian RI Trends Report
The 2016 Canadian Responsible Investment Trends Report reveals that
Canada’s responsible investment market is continuing to experience
rapid growth. For example, total responsible investment assets grew 49% in two years to $1.5 trillion. Pension fund assets made up 75% of RI's growth, increasing by $374 billion since 2014. While most of RI's impressive growth is attributable to institutional investors, individual investor assets have nearly doubled in two years to $118 billion, a growth rate of 91%. Overall, responsible investing now represents 38% of Canada's investment industry. Survey respondents are also optimistic about RI's future, with 80% predicting either moderate or high levels of growth in the next two years.