GLC Asset Management Group signs United Nations-backed Principles for Responsible Investment

GLC Asset Management Group signs United Nations-backed Principles for Responsible Investment

London, Ont.- We are pleased to announce that GLC Asset Management Group Ltd. (GLC) has become a signatory to the United Nations-backed Principles for Responsible Investment (UN PRI).

The UN PRI File opens in a new window was established in 2006 by a global, collaborative network of investors to recognize the increasing relevance of environmental, social and governance (ESG) issues within the investment analysis and decision-making process.

“The formal adoption of ESG considerations serve to augment an already strong investment process across all of GLC, and an essential element of becoming a signatory to the UN PRI is that we remain consistent with our fiduciary responsibilities. What is key to our commitment to the UN PRI is the focus on promoting positive change surrounding the growing complexity and importance of ESG issues,” said Ron Hanson, Chief Investment Officer at GLC.

GLC is known for its focus on providing clients with superior, long-term investment performance through disciplined processes and strong risk management, which already consider environmental, social and corporate governance issues within the investment decision-making process. GLC has provided strong and consistent professional investment management services for socially responsible investing mandates since 2000.

“GLC has always taken a broad view in acknowledging the full spectrum of risks and opportunities of the securities we select within our portfolios. As responsible investment is a rapidly evolving area, ESG issues have become a fundamental part of that assessment and performance of an investment over the medium and longer term,” said GLC President Ruth Ann McConkey.

About the UN PRI

The UN PRI was established by a global, collaborative network of investors to recognize the increasing relevance of ESG issues within the investment analysis and decision making process. Learn more about the UN PRI, and the Principles for Responsible Investing that GLC is committing to, at unpri.org.

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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.