The Learning Centre:
Socially Responsible Investing: What it is and why it matters to education members.
You asked about Socially Responsible Investing. We’re happy to answer.
As an organization that prides itself on financial literacy, we’ve been getting a lot of queries recently on the subject of Socially Responsible Investing (SRI). Specifically, Educators Financial Group’s options when it comes to SRI.
First, what is Socially Responsible Investing?
SRI is pretty much what the name infers—a form of investment strategy with goals for the greater good. Utilizing a set of guiding principles that are sustainable, socially conscious (or ‘green’) and ethical, SRIs aim to not only provide financial return, but also encourage positive social change.
Why Socially Responsible Investing matters to education members.
From Earth Day to the 30-hour Famine, you ignite your students’ desire beyond the curriculum to make a difference when it comes to socially conscious issues. After all, today’s student bodies are becoming more and more reflective of the wondrous diversity of the global village itself. So, as you’re fuelling the minds of new generations of innovators and change makers, is it any surprise that an educator (like yourself) would care about how your investments are also impacting our world? Because it’s not a stretch to consider that what happens in one corner of the globe, has an impact on us all.
Which takes us back to the question at hand: what options does Educators Financial Group offer when it comes to Socially Responsible Investing?
Educators offers Socially Responsible Investment options in the Canadian and Global Equities space, as well as Canadian Fixed Income category. Beyond our SRI offering, the screening process for all of our funds (and fund managers) is very rigorous. We monitor for such things as performance and value (for the fee) to ensure our clients are getting a diverse portfolio of quality investment options that aim to meet their specific financial objectives. Plus our due diligence when it comes to responsible investment options doesn’t stop there.
Most of the funds we offer are also compliant under the United Nations Principles for Responsible Investment.
Beyond providing Socially Responsible Investment options, we work hard to ensure the majority of the funds we offer fall within the six key Principles for Responsible Investment.
These six key principles are as follows:
- Incorporate environmental, social, and corporate governance (ESG) issues into investment analysis and decision-making processes
- Incorporate ESG issues into ownership policies and practices
- Seek appropriate disclosure on ESG issues by the entities in which we invest
- Promote acceptance and implementation of the Principles within the investment industry
- Work together to enhance our effectiveness in implementing the Principles
- Report on our activities and progress towards implementing the Principles
Your Educators Financial Advisor can answer all your questions about SRI, including the options available at Educators. You can also click here for more information and answers to frequently asked questions.
Did you know you pay into a pension plan that also has a responsible investment strategy in place?
You’ll be happy to know the Ontario Teachers’ Pension Plan (OTPP) and Ontario Municipal Employees Retirement System (OMERS) also take a very principled approach to investing for your future. Click here to learn more about OTPP’s responsible investment stance and here for details on sustainable investing at OMERS.
Do you have a specific financial question you would like an answer to? Get in touch with us.
Whether you’re looking for an investment strategy that suits your specific goals—or financial advice that is more educator-specific in nature (such as what you need to know to take advantage of a deferred salary leave or how to maximize your pension income in retirement), call on Educators Financial Group. We’ve been exclusively serving the financial needs and goals of education members since 1975. Let us put all of that experience to work for you.
The information provided is general in nature and is provided with the understanding that it may not be relied upon as, nor considered to be, the rendering of tax, legal, accounting or professional advice. Please ensure to consult your accountant and/or legal advisor for specific advice related to your circumstances. Educators Financial Group will not be held responsible or liable for any losses, costs, damages or expenses incurred by reason of reliance as a result of the aforementioned information. The information presented was obtained from sources that are believed to be reliable. However, Educators Financial Group cannot guarantee their completeness or accuracy.