ADDENDA CAPITAL
Contact: Janick Boudreau, CFA, Executive Vice President, Business Development and Client Partnerships
Address: 800 René-Lévesque Blvd. W., Ste. 2800, Montréal, QC, H3B 1X9
PH: 514-908-1989
Email: j.boudreau@addendacapital.com
Website: www.addendacapital.com
ESG/SRI products or services: Integrated ESG research for all asset classes; Impact Investing; Fossil Fuel Free Global Equity; Climate Transition Canadian and International Equity; Eco-Social Commercial Mortgages; Client-directed SRI screens
ESG/SRI products or services first offered: 1992
Number of ESG/SRI Canadian pension fund clients: 5
Philosophy/style: At Addenda Capital, we consider environmental, social, and governance (ESG) matters in all of our investment and stewardship activities. Our objective is to enhance long-term investment performance for our clients and promote sustainable development for society.
ALPHAFIXE CAPITAL
Contact: Stéphane Corriveau, President, Managing Director
Address: 1800 Ave. McGill College, Ste. 2420, Montreal, QC, H3A3J6
PH: 514-861-3493
Email: info@alphafixe.com
Website: https://www.alphafixe.com/en
ESG/SRI products or services: All AlphaFixe’s strategies are marketed as ESG products.
ESG/SRI products or services first offered: The integration of ESG factors into investment decisions dates back to the inception of the firm in 2008. However, our strategies have officially been marketed as ESG/SRI since 2022.
Number of ESG/SRI Canadian pension fund clients: 52
Philosophy/style: The emphasis on capital preservation, our long-term horizon, and the desire to align our investment decisions with our values encourage us to favour companies that are concerned about their environmental and social impact.
AMUNDI CANADA
Contact: Tanya Bishop, Senior Vice President
Address: 130 Adelaide St. W., Ste. 2207, Toronto, ON, M5H 3P5
PH: 647-201-4225
Email: tanya.bishop@amundi.com
Website: www.amundi.ca
ESG/SRI products or services: ESG Advisory: ESG Policy Design, ESG Portfolio Screening & Action Plan, ESG Market Standards, ESG Rating Model; ESG Investment Solutions: according to Amundi’s Responsible Investment Policy, according to clients’ Responsible Investment Policy, Manager Selection/Responsible Funds; ESG Services: ESG Reporting, ESG Training, Integrated ESG Data Solutions and ALTO Sustainability Platform; ESG OCIO: Integrated ESG consulting and services with assets under advisory management
ESG/SRI products or services first offered: 1986 – Amundi’s first French ethical fund
Number of ESG/SRI Canadian pension fund clients: 16 Canadian pension fund clients with ESG-related considerations
Philosophy/style: As a responsible asset manager, our role is to create long-term sustainable value for our customers and all our stakeholders, taking into account the major challenges facing our world and society.
BGO
Contact: Yvonne Davidson, Principal, Capital Raising and Investor Relations
Address: 1 York St., Ste. 1100, Toronto, ON, M5J 0B6
PH: 647-335-4096
Email: yvonne.davidson@bgo.com
Website: www.bgo.com
ESG/SRI products or services: BGO Canada does not have a dedicated ESG/SI fund. However, BGO’s Sustainable Investing (SI) Team helps deliver ESG strategies to our global investment platform. The SI Team partners with our investment and real estate management professionals to help integrate ESG across the asset life cycle in alignment with client goals. These strategies help target risk mitigation, value creation, industry stewardship, and stakeholder engagement to help deliver ESG performance for our clients.
ESG/SRI products or services first offered: Although BGO does not have any dedicated ESG products, the Prime Canadian Property Fund has a long, demonstrated track record of ESG performance and recognition. Prime Canadian has participated in GRESB for over a decade and is classified as Article 8 under the EU Sustainable Finance Disclosure Regulation (SFDR) as of early 2025.
Philosophy/style: As a fiduciary, BGO approaches sustainable investing from both a risk mitigation and value creation perspective to help enhance the long-term financial and operational resiliency of the asset.
BEUTEL, GOODMAN & COMPANY LTD.
Contact: Kimberley Woolverton, Managing Director, Head of Institutional
Address: 2000-20 Eglinton Avenue W., Toronto, ON, M4R 1K8
PH: 416-545-5367 ext. 367
Email: kwoolverton@beutelgoodman.com
Website: https://www.beutelgoodman.com/
ESG/SRI products or services: Beutel Goodman Canadian Sustainable Bond Strategy; Beutel Goodman Sustainable Canadian Equity Strategy; Beutel Goodman US Sustainable Bond Strategy
ESG/SRI products or services first offered: We have long incorporated material ESG factors into our research and would apply ESG exclusions for our clients per their request. In 2022, we launched our first sustainable fund, the Beutel Goodman Sustainable Bond Fund (private fund for discretionary managed clients).
Number of ESG/SRI Canadian pension fund clients: As of June 30, 2025, there are three ESG/SRI Canadian pension fund clients.
Philosophy/style: ESG factors have the potential to materially affect the long-term financial sustainability of a business, which is an important focus of our analytical process. We integrate ESG factors in our analysis of a company to pursue financial performance.
BONNEFIELD FINANCIAL INC.
Contact: Andrea Gruza, President & Managing Partner
Address: 141 Adelaide St. W., Ste. 510, Toronto, ON, M5H 3L5
PH: 416-309-4487
Email: agruza@bonnefield.com
Website: www.bonnefield.com
ESG/SRI products or services: Bonnefield Canadian Farmland LP V is an open-ended farmland investment fund that provides investors with access to Canada’s agricultural land in a manner that prioritizes long-term sustainability and responsible land stewardship. The fund supports Canadian farmers by offering flexible lease financing that allows them to grow their businesses while retaining operational control.
By focusing on farmland preservation, sustainable agriculture, and farmer success, Bonnefield offers an investment product that targets stable, low-correlated, long-term returns.
ESG/SRI products or services first offered: Bonnefield began investing in Canadian farmland in 2010. The firm has been a UNPRI signatory since 2014.
Number of ESG/SRI Canadian pension fund clients: 12
Philosophy/style: Bonnefield’s philosophy is to preserve and enhance Canadian farmland while supporting the growth and sustainable operations of Canadian farmers. We do this by offering long-term lease financing, investing in value-add farmland projects, and promoting sustainable practices by our tenants.
BURGUNDY ASSET MANAGEMENT LTD.
Contact: Mike Sandrasagra, Vice President, Global Head of Consultant Relations
Address: 181 Bay St., Ste. 4510, Toronto, ON, M5J 2T3
PH: 416-869-8980
Email: msandrasagra@burgundyasset.com
Website: burgundyasset.com
ESG/SRI products or services: While all of Burgundy’s investment mandates integrate ESG considerations, select Socially Responsible Investing (SRI) Funds and Foundation Funds apply negative screens and exclude a defined set of industries. These specific SRI and Foundation Funds exclude investments in companies directly producing tobacco, armaments, and cannabis, as well as gambling-related companies.
ESG/SRI products or services first offered: 2002
Number of ESG/SRI Canadian pension fund clients: 0; Most clients that invest in our Foundation and SRI Funds are Canadian foundations and endowments.
Philosophy/style: At Burgundy, we take an ESG integration approach in our investing. This involves incorporating material environmental, social, and governance considerations in our investment process and decision-making.
CAPITAL GROUP CANADA
Contact: Mike Tuira, Vice President, Institutional
Address: 181 Bay St., Ste. 3100, Toronto, ON, M5J 2T3
PH: 416-815-2079
Email: Mike.Tuira@capgroup.com
Website: capitalgroup.com/ca
ESG/SRI products or services: Capital Group manages US$3.0 trillion in actively managed equity, fixed-income, and multi-asset investment portfolios through funds and segregated accounts worldwide. We integrate ESG issues into our investment approach, The Capital System, across our actively managed equity, fixed-income, and multi-asset fund strategies. Investment analysts and portfolio managers are responsible for analyzing material ESG risks and opportunities and assessing how they may impact an issuer’s ability to generate long-term value. For our regional Europe and Asia client offerings, we also manage SFDR (EU Sustainable Finance Disclosure Regulation) Article 8 and OEIC funds, which extend beyond our ESG integration process to implement binding ESG criteria: ESG and norms-based screens, as well as in some cases, a carbon footprint target; and three SFDR Article 8 global multi-thematic Future Generations funds – one global equity, one global corporate bond, and one global balanced. These strategies seek to invest in issuers whose products and services positively contribute to environmental and social objectives, based on alignment to the UN Sustainable Development Goals (SDGs). On client request, we manage segregated accounts that accommodate client-specific ESG criteria such as exclusions or a carbon footprint target.
ESG/SRI products or services first offered: 2022
Philosophy/style: We analyze material ESG issues as a part of our investment research to better understand long-term risks and opportunities as we strive to maximize returns for our investors. ESG integration enhances our investment research, due diligence, and engagement efforts.
CIBC ASSET MANAGEMENT INC.
Contact: Carlo Dilalla, Managing Director and Head, Institutional Asset Management
Address: 161 Bay St., Ste. 2230, Toronto, ON, MSJ 2S1
PH: 416-980-2768
Email: carlo.dilalla@cibc.com
Website: www.cibcam-institutional.com
ESG/SRI products or services: CIBC Sustainable Canadian Core Plus Bond Fund; CIBC Sustainable Conservative Balanced Solution; CIBC Sustainable Canadian Equity Fund; CIBC Sustainable Balanced Solution; CIBC Sustainable Global Equity Fund; CIBC Sustainable Balanced Growth Solution; CIBC Socially Responsible Balanced Pool; CIBC Sustainable Global Equity Pool; customized sustainable investment solutions in separately managed accounts
ESG/SRI products or services first offered: CIBC Asset Management has offered SRI segregated mandates to clients for 30+ years. In 2017, we became PRI signatories and have added new capabilities and services year over year.
Philosophy/style: At CIBC Asset Management, we believe that ESG factors create risks and opportunities for investors, and it is in the best interest of our clients to consider these factors when making an investment decision.
CIDEL ASSET MANAGEMENT
Contact: Kate Nowak, Director, Institutional Business
Address: 64 Bloor St. W., Toronto, ON, M4W 3B8
PH: 437-431-7068
Email: knowak@cidel.com
Website: www.cidelinstitutional.com
ESG/SRI products or services: Cidel Impact Bond Fund
ESG/SRI products or services first offered: 3 years
Philosophy/style: The fund invests in Canadian investment-grade bonds that create measurable, authentic, and material positive environmental and social impacts. Its diversified portfolio aligns with ICMA Green and Social Bond Principles and the UN Sustainable Development Goals.
CONNOR, CLARK & LUNN FINANCIAL GROUP
Contact: Jean-Philippe Lemay, Managing Director, Head of Institutional Sales, Global
Address: 1800 McGill College Ave., Ste. 1300, Montreal, QC, H3A 3J6
PH: 514-287-0110
Email: JPLemay@cclgroup.com
Website: www.cclgroup.com
ESG/SRI products or services: Global Equity, International Equity, Emerging Markets Equity, Emerging Markets Credit, Market Neutral, Canadian Fixed Income, Canadian Equity, Real Estate, Infrastructure, and Commercial Mortgages
ESG/SRI products or services first offered: 1995
Number of ESG/SRI Canadian pension fund clients: 229
Philosophy/style: We believe that many ESG factors have a material impact on investment performance across time horizons and asset classes. As such, all investment teams spend significant time researching ESG risks and opportunities and engaging with company management on ESG topics.
DESJARDINS GLOBAL ASSET MANAGEMENT
Contact: Natalie Bisaillon, Managing Director and Chief of Institutional Client Relations
Address: 1, Complexe Desjardins, 20th Fl., South Tower, Montreal, QC, H5B 1B2
PH: 514-214-5742
Email: natalie.bisaillon@desjardins.com
Website: www.dgam.ca
ESG/SRI products or services: Desjardins RI Active Canadian Bond – Net-Zero Emission Pathway – ETF; Desjardins RI Canada – Net-Zero Emission Pathway – ETF; Desjardins RI USA – Net-Zero Emission Pathway – ETF; Desjardins RI Developed ex-USA ex-Canada – Net-Zero Emissions Pathway – ETF; Desjardins RI Emerging Markets – Net-Zero Emissions Pathway – ETF; Desjardins RI Canada Multifactor – Net-Zero Emissions Pathway – ETF; Desjardins RI USA Multifactor – Net-Zero Emissions Pathway – ETF; Desjardins RI Developed ex-USA ex Canada Multifactor – Net-Zero Emissions Pathway – ETF; Desjardins RI Emerging Markets Multifactor – Net-Zero Emissions Pathway ETF; Desjardins Sustainable American Equity ETF; Desjardins RI Global Multifactor – Fossil Fuel Reserves Free ETF; Desjardins Sustainable Conservative Portfolio; Desjardins Sustainable Moderate Portfolio; Desjardins Sustainable Balanced Portfolio; Desjardins Sustainable Growth Portfolio; Desjardins Sustainable Aggressive Portfolio; Desjardins Sustainable Global Equity Portfolio; Desjardins Sustainable Short-Term Income; Desjardins Sustainable Canadian Bond; Desjardins Sustainable Candian Equity Income; Desjardins Sustainable Canadian Equity; DGAM – Systematic ESG Emerging Markets Equity Fund; DGAM – Systematic ESG World Equity Fund; DGAM Canadian Bond Fossil Fuel Free Fund; DGAM Canadian Equity Fossil Fuel Free Fund; Advisory Mandate RI Canadian Bonds; Advisory Mandate RI Canadian Bonds ex Fossil Fuel; Advisory Mandate RI Short Term Canadian Bonds; Advisory Mandate RI Canadian Equity; Advisory Mandate RI Canadian Equity-Ex Fossil Fuel
ESG/SRI products or services first offered: Desjardins has a long track record and experience in the responsible investment (RI) space, with our first environmental fund created in 1990.
Number of ESG/SRI Canadian pension fund clients: 8
Philosophy/style: At DGAM, Responsible Investment is key to our management philosophy. We believe Responsible Investment is consistent with our mandate as portfolio managers, requires action and innovation, means taking a longer-term vision, and involves inspiring and influencing.
FIERA CAPITAL CORPORATION
Contact: Sarah Aves, Head of Institutional Clients, Canada
Address: 200 Bay St., Ste. 3800, South Tower, Toronto, ON, M5J 2J1
PH: 416-364-3711
Email: globaldistributionanalytics@fieracapital.com
Website: https://www.fieracapital.com/en
ESG/SRI products or services: Fiera Apex International Equity Ethical strategy; Fiera Apex U.S. Core Ethical strategy; Fiera ASFI - Active Universe Ethical strategy; Fiera ASFI - Active Universe Ethical Fossil Fuel Free strategy; Fiera Atlas Global Companies Ethical strategy; Fiera Balanced Ethical strategy; Fiera Canadian Equity Ethical strategy; Fiera Canadian Equity Fossil Fuel Free strategy; Fiera Canadian Equity Ethical Fossil Fuel Free strategy; Fiera Global Impact Strategy; Fiera Global Sustainable and Impact Bond strategy; Fiera Integrated Fixed Income - Short and Mid Term Bond strategy; Fiera International Equity Ethical strategy; Fiera US Equity Ethical strategy
ESG/SRI products or services first offered: Fiera Capital has been offering ethical strategies since its creation in 2003 and became a UN PRI signatory in 2009.
Number of ESG/SRI Canadian pension fund clients: 14
Philosophy/style: Sustainable investing is core to our investment philosophy, and Fiera Capital is of the view that organizations that understand and successfully manage material environmental, social, and governance (ESG) factors and associated risks and opportunities create more resilient, higher-quality businesses.
FOYSTON, GORDON & PAYNE INC.
Contact: Gabriel Lopezpinedam, Senior Vice President & Client Relationship Manager, Head of Institutional
Address: 1 Adelaide St. E., Ste. 2600, Toronto, ON, M5C 2V9
PH: 416-848-1948
Email: glopezpineda@foyston.com
Website: www.foyston.com
ESG/SRI products or services: In addition to offering one standalone ESG product, the FGP Canadian Ex-Energy Equity strategy, we integrate ESG into all our investment strategies.
ESG/SRI products or services first offered: 2018
Number of ESG/SRI Canadian pension fund clients: 19
Philosophy/style: Companies that effectively address ESG issues tend to be more attractive long-term investments. Assessing ESG factors, including actively engaging with company management to encourage and educate them on best practices and policies, has long been a component of our fundamental investment analysis.
FRANKLIN TEMPLETON
Contact: Dennis Tew, Head of Sales, Canada
Address: 200 King St. W, Ste. 1400, Toronto, ON, M5H 3T4
PH: 416-957-6023
Email: dennis.tew@franklintempleton.ca
Website: www.franklintempleton.ca
ESG/SRI products or services: Each of our investment teams independently evaluate ESG factors from multiple angles, which vary by asset class (Equity, Fixed Income & Alternatives), sub-asset class, regional focus, or individual mandates.
ESG/SRI products or services first offered: Introduced in 1954 by Sir John Templeton, the Templeton Growth Fund was our firm’s first product that considered socially responsible investment criteria, during the stock selection process.
Number of ESG/SRI Canadian pension fund clients: In Canada, we currently have 6 pension plans invested in sustainable focus mandates.
Philosophy/style: Each of Franklin Templeton’s investment teams perform an autonomous, sustainable investment approach with dedicated personnel in each asset class, region, and specialism. They leverage the expertise across these teams, and in 2021 a firm-wide Stewardship and Sustainability Council was established to provide a forum for dialogue and sharing of best practices around sustainable investing.
GUARDIAN CAPITAL LP
Contact: Robin Lacey, Head of Institutional Asset Management
Address: 199 Bay St., Ste. 2700, Toronto, ON, M5L 1E8
PH: 416-364-8341
Email: rlacey@guardiancapital.com
Website: www.guardiancapital.com
ESG/SRI products or services: GEM Canadian Equity Fund; GEM Global Equity Fund; GEM Fixed Income Fund; GEM Balanced Fund; Guardian Canadian Equity Carbon Constrained Strategy; Guardian Sustainable Funds
ESG/SRI products or services first offered: 2005
Philosophy/style: ESG considerations are integrated into all our investment processes and stewardship activities – commonly referred to as ESG Integration and Active Ownership. Our GEM products apply negative screens to exclude companies involved in tobacco, weapons, and other controversial activities.
HILLSDALE INVESTMENT MANAGEMENT INC.
Contact: Harry Marmer, Executive Vice President
Address: 1 First Canadian Place, 100 King St. W., Ste. 5900, P.O. Box 477, Toronto, ON, M5X 1E4
PH: 416-913-3907
Email: hmarmer@hillsdaleinv.com
Website: www.hillsdaleinv.com
ESG/SRI products or services: Hillsdale offers customized E, S, and G testing, screening, and weighting services for institutional investors within their investment strategies. For more than 29 years, Hillsdale has invested in companies with attractive financial attributes and sustainable business models. Since 2011, we have focused on ESG strategy testing, screening, weighting, and integration. This includes evaluating companies from the perspectives of corporate governance, accounting integrity, board diversity, executive compensation, and CEO quality, as well as the use of a significant number of carbon emission and environmental impact metrics. We are committed to ESG investing by integrating environmental, social, and governance factors across our investment strategies and stewardship practices. We also participate in key industry initiatives, including the Canadian Coalition for Good Governance (CCGG) and the Principles for Responsible Investment (PRI). Hillsdale specializes in ESG strategy testing, screening, weighting, and implementation since 2011. E, S, and G factors are considered and evaluated in our investment process on a strategy-by-strategy basis alongside all other potential alpha and risk signals. E, S, and G factors provide another lens through which we assess stocks. Hillsdale’s best practices and standards for ESG/RI-based investing:
ESG/SRI products or services first offered: 2011
Number of ESG/SRI Canadian pension fund clients: 1
Philosophy/style: Hillsdale’s philosophy combines the best of fundamental thinking, tested through a proven, rigorous quantitative methodology, with continually evaluated results relative to expectations. We believe that successful investment processes are adaptive in nature, searching for new alpha sources, potential strategy enhancements, and advanced risk management techniques.
JARISLOWSKY FRASER
Contact: Institutional sales, Dexton Blackstock - Central & Western | Karl W. Gagné - Eastern Canada
Address: 40 Temperance St., 18th floor Toronto, Ontario M5H 0B4
Phone: 1-800-736-8666
Email: info@jflglobal.com
Website: jflglobal.com
ESG/SRI products or services: Segregated and pooled fund management for values-based mandates; JF FFF Balanced Fund; JF FFF Bond Fund; JF Sustainable and Impact Bond Fund; JF FFF Canadian Equity Fund; JF FFF Global Equity Fund; JF FFF Money Market Fund
ESG/SRI products or services first offered: 2017
Philosophy/style: As investors with a long-term perspective, Jarislowsky Fraser’s focus has consistently been to invest in companies that meet our quality criteria. The consideration of financially material, industry-specific ESG issues is intrinsic to our investment philosophy as a helpful lens to gauge the quality of an investment.
LETKOBROSSEAU
Contact: David Després, Executive Vice President, Partner
Address: McGill College Ave., Montréal, QC, H3A 3J6
PH: 514-499-1200
Email: info@lba.ca
Website: https://www.lba.ca/
ESG/SRI products or services: We currently offer five distinct fossil-fuel-free products (Canadian Equity FFF, Canadian Equity Plus FFF, Emerging Markets FFF, Global Equity FFF, and US Equity FFF). That said, we systematically integrate ESG risk coverage across all our holdings, regardless of the product offering.
ESG/SRI products or services first offered: We have incorporated ESG factors into our investment process since the firm’s inception. Every company we hold has been assessed through an ESG lens – not only during the pre-investment phase but also through ongoing post-investment monitoring. That said, we have also been offering dedicated fossil-fuel-free (FFF) products for several years. For example, our Global Equity Fossil Fuel Free strategy has an inception date of 2020.
Number of ESG/SRI Canadian pension fund clients: The vast majority of our ESG fund clients are foundations. Currently, we do not have any Canadian pension fund clients invested in ESG strategies.
Philosophy/style: Our philosophy has always centred on creating long-term value for our clients. We firmly believe that integrating ESG factors into the investment process is essential for the sustainable success of our clients. We believe companies that manage extra-financial risks properly will perform better over the long term. We’ve consistently sought out new trends in this evolving field, ensuring that our practices remain aligned with industry standards.
MATHEIS FINANCIAL GROUP IPC
Contact: Harry Matheis, CEO
Address: 1101 Kingston Rd., Ste. 150, Pickering, ON, L1V 1B5
PH: 905-837-2600
Email: harry@matheisteam.com
Website: https://www.matheisteam.ca
ESG/SRI products or services: Pension and Savings Programs Investment Funds Company retail and plan related curated fund offerings.
ESG/SRI products or services first offered: 2010
Number of ESG/SRI Canadian pension fund clients: 12
Philosophy/style: Our philosophy is to provide responsible investment options for Plan Members (choice).
PICTET ASSET MANAGEMENT
Contact: François Forget, Head of Distribution – Canada
Address: 1000 de la Gauchetière W., Ste. 3100, Montreal, QC, H3B 4W5
PH: 514-518-8587
Email: fforget@pictet.com
Website: www.am.pictet
ESG/SRI products or services: Positive tilt: Absolute Return Fixed Income (ARFI); Asia Equities ex Japan; China Equities; Chinese Local Currency Debt; Digital; Emerging Markets; Family; Global Bonds; Global High Yield; Japanese Equity Opportunities; Japanese Equity Selection; Premium Brands; Quest AI-Driven Global Equities. Best in class: Emerging Debt Blend; Emerging Local Currency Debt; Global Emerging Debt; Positive Change; Quest Europe Sustainable Equities; Quest Global Sustainable Equities. Positive impact: Biotech; Clean Energy Transition; Climate Government Bonds; Global Environmental Opportunities (GEO); Global Megatrend Selection (GMS); Global Sustainable Credit; Global Thematic Opportunities (GTO); Health, Human, Nutrition, Regeneration, Robotics, Security, Smart City, Timber, Water. ESG integrated: all other strategies
ESG/SRI products or services first offered: 1995
Philosophy/style: A global leader in environmental and sustainable strategies, responsibility is central to our way of thinking. We systematically integrate ESG in all investment processes and expect issuers to respect planetary boundaries and international standards on governance, human rights, and ethical business practices.
STONEBRIDGE FINANCIAL
Contact: Angela Valdes, Vice President
Address: 20 Adelaide St. E., Ste. 1201, Toronto, ON M5C 2T6
PH: 416-364-3001
Email: AValdes@Stonebridge.ca
Website: Stonebridge.ca
ESG/SRI products or services: Among Stonebridge Financial’s various strategies, it launched Canada’s first infrastructure debt fund in 2012 (and its second in 2014) focused on social infrastructure, renewable energy, and healthcare sectors, which provide tangible exposure to ESG-oriented investments, including Indigenous-owned projects. Originally designed in partnership with PPP Canada and leading pension consultants, Stonebridge Infrastructure Debt Fund I (SIDF I)raised over $200 million in institutional investor commitments, followed by SIDF II, which was 300% larger at over $600 million – notably, these investment-grade funds averaged 39% exposure to projects with Indigenous investments. Following Stonebridge Financial’s 25th anniversary, its third fund (SIDF III) will be launched in late 2025 with a similar focus, with a target of $1 billion of capital commitments and continued exposure to Indigenous projects.
ESG/SRI products or services first offered: 2012
Clients: Stonebridge Financial manages and administers private debt and credit on behalf of Pension Plans, Labour Unions, Insurance Companies, Banks, Municipalities, Foundations/Endowments, Universities, Government Entities, Other Managers, as well as Corporate and Other Institutional Investors. Co-Investment opportunities for investors as well as Subadvisory Services for other managers also available.
Philosophy/style: 100% focused on private debt and credit investments across infrastructure, renewable power, healthcare, real estate, and corporates, Stonebridge Financial has been an early adopter and ongoing promoter of environmentally sustainable and socially responsible finance since the firm’s founding a quarter-century ago. A UN PRI signatory, recent industry awards received by the firm and its leadership include from Clean50 Lifetime Achievement, Canadian-Council of PPPs Merit Award, First Nations Power Authority Allyship Award, Sustainable Finance Award, Best Infrastructure Fund Manager, Infrastructure Fund of the Year, P3 Debt Provider of the Year, and Responsible Investor of the Year, among others.
SUN LIFE GLOBAL INVESTMENTS
Contact: Anne Meloche, Head of Institutional Business
Address: 1 York Street, Toronto, ON, M5J 0B6
PH: 514-347-6137
Email: anne.meloche@sunlife.com
Website: www.slgiinstitutional.com
ESG/SRI products or services: As a manager of managers, our RI activities are focused on sub-advisor selection and ongoing monitoring of their RI practices
Philosophy/style: Our selection of sub-advisors is at the core of our investment process. We assess potential sub-advisors based on several factors, including organizational resilience, strategic alignment, systems and analytics, and team/resources. Our assessment includes consideration of the sub-advisor’s approach to RI and focuses on three key pillars: their firm-wide commitment, the implementation of ESG considerations as part of their strategy, and their approach to active stewardship.
T. ROWE PRICE
Contact: Lauren Bloom, Head of Canada
Address: 77 King St, W., TD North Tower, Ste. 4240, Toronto, ON, M5K 1G8
PH: 647-355-6887
Email: lauren.bloom@troweprice.com
Website: troweprice.com/Canada
ESG/SRI products or services: T. Rowe Price Global Impact Equity Strategy; T. Rowe Price US Impact Equity Strategy; T. Rowe Price Global Impact Credit Strategy
ESG/SRI products or services first offered: 2020
Philosophy/style: Our Impact investment approach is defined by its dual mandate, which simultaneously seeks both benchmark outperformance and positive environmental and social impact by investing in durable, growing businesses with measurable impact criteria.
TD GLOBAL INVESTMENT SOLUTIONS
Contact: Mark Cestnik, Managing Director, Head of Global Institutional Distribution
Address: 161 Bay St., Toronto, ON, M5J 2T2
PH: 416-307-5878
Email: mark.cestnik@tdam.com
Website: https://www.td.com/ca/en/global-investment-solutions
ESG/SRI products or services: TD Asset Management Inc. (TDAM) offers the following ESG-focused funds: TD North American Sustainability Equity Fund, TD North American Sustainability Balanced Fund, TD North American Sustainability Bond Fund, TD Emerald Low Carbon Global Equity Index Non-Taxable Investor Pooled Fund Trust, TD Emerald Low Carbon Global Equity Index Pooled Fund Trust, and TD Emerald Low Carbon / Low Volatility Global Equity Pooled Fund Trust. For details, please refer to the “ESG-Focused Funds” section of TDAM’s Sustainable Investment and Climate Report 2024, which is available on our public website (https://www.td.com/ca/en/global-investment-solutions/responsibility/resources). Additionally, for institutional clients who set their own environmental objectives and targets, TDAM is able to customize solutions that can support their ESG-related investment objectives.
ESG/SRI products or services first offered: 2020
Number of ESG/SRI Canadian pension fund clients: 11
Philosophy/style: TDAM’s approach to sustainable investing aligns with its philosophy of serving its securityholders’ investment goals and adhering to its fiduciary responsibility as an asset manager. For more details, please visit TDGIS Sustainable Investment (https://www.td.com/ca/en/global-investment-solutions/responsibility/esg).
TELUS HEALTH
Contact: Alana Dubinski, Chief Compliance Officer, Head of ESG Strategy
Address: 25 York St., Toronto, ON, M5J 2V5
PH: 416-527-2859
Email: alana.dubinski@telushealth.com
Website: https://www.telus.com/en/health/employers/consulting
ESG/SRI products or services: ESG + Indigenous Manager Research: ratings, due-diligence, and manager selection; Responsible Investment Integration: investment beliefs/policy development, stress testing, ESG data/reporting, proxy voting analysis/manager engagement; Climate scenario analysis and modelling; ESG Education: members/committees; ESG Dashboard: qualitative and quantitative data and ESG ratings; Governance: CAPSA Risk Management compliance; Organization/operational consulting (TELUS Environmental Solutions)
ESG/SRI products or services first offered: 2018
Number of ESG/SRI Canadian pension fund clients: 18
Philosophy/style: We build bespoke portfolios using top-tier strategies, integrating ESG factors practically, adaptively, and with an eye toward evolving best practices, meeting clients where they are, and helping them progress toward their ESG goals.
TLH BENEFITS ADVISORS
Contact: Thomas L. Hanes, Owner/Operator
Address: 26 Cranbrooke Ave., Toronto, ON, M5M 1M4
PH: 647-268-3409
Email: tipptoz@gmail.com
Website: tlhbenefits.com
ESG/SRI products or services: Pension Plan – Defined and Investment
ESG/SRI products or services first offered: 1990
Number of ESG/SRI Canadian pension fund clients: 47
Philosophy/style: Hands-on and Personal
VAN BERKOM GLOBAL ASSET MANAGEMENT
Contact: Andy Kong, Head of Global Business Development
Address: 600 de Maisonneuve Blvd. St. W., Ste. 2510, Montreal, QC, H3A 3J2
PH: 514-991-5754
Email: akong@vanberkomglobal.com
Website: www.vanberkomglobal.com
ESG/SRI products or services: Canadian Small Cap Equity Strategy; US Small Cap Equity Strategy; US Small-Mid Cap Equity Strategy; Global Small Cap Equity Strategy; International Small Cap Equity Strategy
ESG/SRI products or services first offered: 1991
Number of ESG/SRI Canadian pension fund clients: 16
Philosophy/style: Van Berkom’s investment philosophy is built on the belief that the best opportunity for investment success is found by investing in high-quality, well- managed Small-Cap companies at discounted prices and holding them for the long-term. High-quality companies are defined as those that generate free cash flow, produce high returns on capital, have a competitive advantage in their marketplace, and successful management.
VANCITY INVESTMENT MANAGEMENT (VCIM)
Contact: Jeffrey Adams, Chief Investment Strategist and Director
Address: 183 Terminal Ave., 8th Fl., Vancouver, BC, V6A 4G2
PH: 604-318-3389
Email: jeffrey_adams@vancity.com
Website: www.vcim.ca
ESG/SRI products or services: VCIM Global Equity Fund, VCIM Global Small Cap Fund, VCIM Global Low Volatility Fund, VCIM Global Impact Fund, VCIM Canadian Equity Fund, VCIM Income Fund, VCIM Bond Fund, VCIM Short Duration Bond Fund
ESG/SRI products or services first offered: VCIM’s history in ESG/SRI dates back to 2001, when it first partnered with Renewal Partners to create Real Assets to launch a series of SRI mutual funds.
Number of ESG/SRI Canadian pension fund clients: 1
Philosophy/style: VCIM’s investment process integrates ESG analysis with in‐depth financial analysis to identify high-quality companies that have the potential to succeed in a world of evolving environmental risk, increased social expectations, and changing shareholder demands.