Working to change the investment landscape in order to allocate capital more efficiently

Addenda Capital plays an active role in promoting sustainable financial markets with the ultimate goal of further optimizing long-term investment returns for our clients. We support the integrity and sustainability of financial markets through collaborative investor initiatives and public policy, regulatory and standards submissions.

Consult our article on how Sustainable Investing will Emerge Stronger and Better from greenwashing turmoil

Submissions and Statements

DateDetails
April 22, 2025 Thought leadership paper on the potential of developing an Indigenous Sustainable Bond Framework

Addenda Capital, the First Nations Major Project Coalition (FNMPC), and the First Nations Management Board (FMB) brought together Indigenous leaders, debt issuers, asset owners, and sustainable finance leaders for a focused roundtable discussion. Held under Chatham House Rules, the session explored how the success of the sustainable bond market could help meet the financing needs of Indigenous Peoples. Participants discussed the potential of developing an Indigenous Sustainable Bond Framework to attract investment while ensuring proceeds support projects that benefit Indigenous communities.   

This discussion led to the development of a thought leadership paper.

April 7, 2025 Submission for the Canadian Sustainability Standards Board’s (CSSB) Proposed 2025-2028 Strategic Plan Consultation

Addenda Capital provided input to the Canadian Sustainability Standards Board’s (CSSB) Proposed 2025-2028 Strategic Plan Consultation. We support efforts to align Canada with global best practices to enhance investor confidence in material sustainability disclosures, and to encourage mandatory disclosure requirements aligned with CSDS 1 and CSDS2. We also encourage a more proactive approach by the CSSB regarding Indigenous inclusion and recognition of UNDRIP and Free Prior and Informed Consent (FPIC), to take a lead role in facilitating uptake of the standards, as well as facilitating input from Canadian stakeholders to the ISSB’s biodiversity research projects, amongst other suggestions.

 

February 1, 2025 Input for the Taskforce on Nature-related Financial Disclosures (TNFD) Consultation on Nature Transition Plans

Addenda Capital submitted comments on several questions that the Taskforce on Nature-related Financial Disclosure released as part of its consultation on the Discussion Paper on Nature Transition Plans. We view “transition plans” as a mechanism for guiding organizations on the integration of nature, water, climate, human capital issues into their business strategies and planning. It is understood that supply chains and economies rely on nature’s services, human capital, stable economies, and stable ecosystems (both biotic and abiotic). With this in mind, companies need to focus on building business plans, which include the actions, rationale and investments required to address and mitigate these risks and expand the opportunities and/or solutions, that address how they will maintain sustainable, long-term performance in a changing landscape. The TNFD approach will likely gain far more long-term traction if it is rolled out with a broader nexus approach that interweaves larger planetary and societal elements.

December 9, 2024 Investors set target for Canadian corporate reconciliation plans

Addenda supports the initiative encouraging 25 per cent of the companies on the Toronto Stock Exchange to voluntarily adopt plans for Indigenous reconciliation. This initiative is in line with the calls to action prescribed in the report of the Truth and Reconciliation Commission of Canada, previously chaired by the late Murray Sinclair. For more detail: Investors set target for Canadian corporate reconciliation plans

November 26, 2024 Submission to the International Accounting Standards Board (IASB) consultation on Climate-related and Other Uncertainties in the Financial Statements – Proposed Illustrative Examples

Addenda submitted comments expressing support for the IASB’s effort to educate market participants through releasing illustrative examples to clarify how existing IFRS requirements apply to climate-related disclosures in financial statements. Continuing education on this topic will support informed investment decisions and effective capital allocation.

Addenda’s comments are publicly posted on the IASB website at this link.

Collaborative Investor Initiatives
 

Joining forces with other like-minded investors and stakeholders can significantly enhance our effectiveness in the promotion of sustainable financial markets. We have joined the investor initiatives below, as they allow us to:

  • Leverage our internal resources
  • Lend our credibility and gravitas to the good work of others
  • Share tools and pool resources
  • Gain access to enhanced sustainability related data and insight

Initiatives

Initiative Benefits

Initiatives


 

  • Regular communications on US and global climate change and sustainability issues relevant to investors.
  • Access to stakeholder engagement meetings with large publicly traded companies. Opportunities to provide input to the working groups that advance members’ priorities like enhanced sustainability disclosure and improved public policy.
INCR Logo
  • Regular communications on US and global climate change and sustainability issues relevant to investors.
  • Access to stakeholder engagement meetings with large publicly traded companies. Opportunities to provide input to the working groups that advance members’ priorities like enhanced sustainability disclosure and improved public policy.
Canadian Bond Investors' Association / Association canadienne des investisseurs obligataires
  • Market information and expertise for fixed income investors.
  • A forum for discussion of key issues and ideas relevant to the Canadian fixed income market.
  • Access to educational opportunities on important fixed income issues.
  • Opportunities to provide input on position statements regarding developments in the Canadian fixed income market.
CDP Driving Sustainable Economies
  • Access to all corporate responses to CDP that detail information on the risks and opportunities that companies face and management discussion and analysis on strategies to address climate change, water-related issues, deforestation related issues and emissions-reduction performance.
PRI
  • Access to implementation tools and capacity building offered by the PRI Secretariat including listed equities and fixed income work streams.
  • Annual benchmarking of implementation of sustainable investing activities.
  • Access to webinars and seminars on important ESG issues provided by investment specialists.
PRI
  • Promotes the practice of sustainable investing in Canada.
  • Opportunities to interact with like-minded investors regarding important sustainable impact investing issues.
  • Support for initiatives like the Toronto Responsible Investing Working Group that promote and enhance sustainable investing practices in Canada.
PRI
  • Signatories pledge to measure and disclose the carbon footprint of the investments they make
  • Played a crucial role in underpinning importance of carbon disclosure. Was followed by the launch of the Task Force on Climate-Related Financial Disclosure (TCFD).
PRI
  • Promote availability of information necessary to evaluate the environmental impact of Green Bond investments.
  • Contribute to the integrity of markets.
  • Raises awareness of the importance of environmental impacts among financial market participants, which aims to attract more capital to support sustainable development.
PRI
  • Aligns capital with objective of reaching net zero emissions by 2050 or sooner, in line with efforts to limit global warming to 1.5 degrees Celsius.
  • Sets an interim target for the proportion of assets to be managed in line with the attainment of net zero. Interim target is reviewed at least every five years.
  • Provides asset owners with information and analytics on net zero investing, as well as TCFD disclosures.
Climate Engagement Canada
  • Drives dialogue between the financial community and corporate issuers to promote a just transition to a net zero economy
  • Inspired by Canada’s Expert Panel on Sustainable Finance, which in 2019 recommended the creation of a national investor-led engagement program similar to Climate Action 100+

Public Policy, Regulatory and Standards Submissions
 

We also try to improve the methods, structures and regulations that hinder the performance of the entities we invest in. As a result, we actively participate in the development of policies, regulations and standards that support sustainable financial markets and help our clients meet their objectives. Our submissions ultimately help the companies we invest in to strengthen their financial performance over the long term and remain competitive.

Consult our most recent submissions to regulators