Why PSP is releasing its first responsible investment report
Aug 28, 2017
On August 28, 2017, Les Affaires posted a blog in which Stéphanie Lachance, Vice President, Responsible Investment, PSP, explained that PSP Investments published its first responsible investment report and launched the following message to all companies that they can invest in, as well as those companies included in their portfolio: Environmental, social and governance (ESG) criteria are an integral part of their investment process.
Ms. Lachance adds: "It’s not an accessory or an operational function. We expect companies to follow the criteria with the same diligence as the other risks they face. In order to make things clear, we will be sending this report to the companies in which we plan on investing.
Our mandate consists of supporting our asset class managers and making sure they understand the meaning behind responsible investment, so they can integrate these concepts into their investment strategies. These managers are responsible for monitoring their investments—both for financial and non-financial issues. This is entirely their responsibility, as it is not the objective of the responsible investment team."
Read the blog posted on the website of Les Affaires.
