In a world where investment choices resonate far beyond financial returns, we proudly present the 2022 Impact Report of our Addenda Impact Fixed Income Pooled Fund.
Recent market conditions have been a challenge for preferred shares, shaken by the tightening of monetary policy that began in 2022 and the recent changes to the dividend tax code for Canadian companies.
Company engagement and proxy voting are some of the tools we use to understand the challenges and opportunities of the companies whose securities we own on behalf of clients.
This year has laid bare that the climate transition is not going to be easy, but also that we are running out of time. However, there are glimmers of hope, with certain key programs and policies coming online despite the gloom and haze.
Patience is a wise investment, you could say. As we inch toward the end of 2023, we wanted to reflect on a few companies whose fortunes have changed significantly since last year, when several factors ranging from supply chain issues to a slow recovery from COVID were causing headaches.
To mark the National Day for Truth and Reconciliation, we are delighted to state our commitment to recognizing Indigenous cultures. As part of this pledge, we have commissioned a remarkable painting this year, created by esteemed artist Frank Polson.
At Addenda Capital, every person counts, which is why we position people at the heart of our strategy by recognizing the unique value of every individual. Diversity, equity and inclusion (DEI) transcend the realm of abstract concepts for us; instead, they are principles that inform the way we do business.
Achieving net-zero by 2050 in Canada will require annual investments of $125 to $140 billion.
Biodiversity is now among the top three areas of interest for Canadian institutional investors, along with climate change and diversity, equity, and inclusion issues.
Faced with a complex geopolitical and economic environment, it is crucial to address climate risks and support the transition to a more sustainable economy. At Addenda, we are committed to mitigating climate risks by investing responsibly to help our clients and shape a better world.