Rosalie Vendette, Senior Advisor, Responsible Investment
As I've mentioned a few times, shareholder activism is one of the key responsible investment strategies used by Desjardins. From an environmental, social and governance perspective, we consistently seek to improve the results of companies in which our SocieTerra portfolios invest and we keep an open dialogue going in order to influence them.
Our efforts peaked in 2016, with the launch of three new funds and the creation of new partnerships with specialized responsible investment portfolio managers.
In a push for transparency, we've prepared a new report that will help you understand our initiatives and the added value our products generate.
You'll learn that, besides voting 15,376 times at company annual meetings last year, we also sat down with 96 companies to discuss 23 different topics related to responsible investing--the environment and social and governance factors. These are all opportunities for Desjardins to influence major companies such as Canadian Tire, Starbucks and Suncor, and to talk about various issues, including climate change and human rights as it relates to supply chains.
Our initiatives led to a real impact on 44 companies, which tells us that the approach is moving along very well. Overall, we've reached 7 of the total targets we set.
We strongly recommend that you consult the report. And let us know what you think; you can send your feedback to email@example.com or speak with your advisor.
The Desjardins Funds are not guaranteed, their value fluctuates frequently and their past performance is not indicative of their future returns. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Desjardins Funds are offered by such registered dealers as Desjardins Financial Services Firm Inc., a mutual fund dealer belonging to Desjardins Group that distributes the Funds in caisses throughout Quebec and Ontario.