With GLC’s investment portfolios, you don’t have to choose between responsible investing (RI) and a focus on strong, long-term investment performance. You get both!
GLC Asset Management Group Ltd. views responsible investing as an additional, rather than alternative, tool within GLC’s well-established and disciplined investment process to enhance long-term returns. Delivering strong investment results remains the priority across all of GLC's five investment divisions.
Environmental, social and governance (ESG) considerations are formally incorporated into every
GLC investment portfolio — from equity and fixed income investments, through to the underlying holdings within GLC’s balanced mandates and Portfolio Solutions Group’s asset allocation funds.
GLC’s ongoing commitment to responsible investing
GLC joins Canada’s Responsible Investment Association (RIA)
GLC becomes signatory to the United Nations Principles of Responsible Investing GLC formalizes their Responsible Investing Committee — charged with overseeing and augmenting the organization’s RI activities A dedicated ESG Analyst is added to support each investment team in formalizing and augmenting the inclusion of ESG factors into their portfolio management decision-making processes
An SRI global balanced mandate is introduced for the group and institutional market
An SRI Canadian fixed-income mandate is introduced
First SRI mandate (Canadian Equity) launches
Responsible investing and socially responsible investing options — GLC offers both
1. Responsible investing (RI): Environmental, social and governance (ESG) analysis is integrated into investment processes to identify both risks and opportunities to enhance long-term returns. In addition to a dedicated ESG Analyst, GLC utilizes the services of a leading third-party global RI expert to incorporate ESG issues into its analyses. As such, all equity and fixed-income investment teams have access to specialized ESG research and ratings.
GLC considers ESG factors within every investment decision for all their portfolio strategies.
2. Socially responsible investing (SRI): GLC offers a suite of SRI portfolios. These SRI portfolios offer additional screening and adhere to exclusionary security selection criteria. Specifically, GLC’s SRI mandates avoid investing in companies based on the following criteria:
- Product involvement: Product involvement is used to ensure that holdings pass specific exclusionary screening criteria related to a company’s environmental sustainability, social responsibility and corporate governance performance, as well as the company’s involvement in certain industries, such as tobacco, alcoholic beverages, gambling, adult entertainment, military contracting and nuclear power.
- Negative impact on stakeholders (ESG controversies): Companies with a record of major ESG controversies or incidents in any of the environmental, social or governance areas will be deemed ineligible.
- Low rank on ESG risks (worst-in-class): Companies with a low level of preparedness to manage ESG risks ranking consistently in the bottom of their peer group will be deemed ineligible.
About GLC’s Responsible Investing Committee
The Responsible Investing Committee is focused on oversight of GLC’s RI activities and promoting positive change around the growing complexity and importance of ESG issues.
They meet regularly throughout the year and are comprised of GLC’s senior leadership, compliance and ESG specialists.
Get more information about GLC’s Responsible Investment policy and approach to corporate engagement.
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This commentary represents GLC’s views at the date of publication, which are subject to change without notice. Furthermore, there can be no assurance that any trends described in this material will continue or that forecasts will occur; economic and market conditions change frequently. This commentary is intended as a general source of information and is not intended to be a solicitation to buy or sell specific investments, nor tax or legal advice. Before making any investment decision, prospective investors should carefully review the relevant offering documents and seek input from their advisor.