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 Promoting Sustainable Financial Markets

Submissions and Statements

DateDetails
May 17, 2017 Financial CHOICE Act letter

We co-signed a letter hand delivered to all members of the U.S. House of Representatives opposing certain provisions of the Financial CHOICE Act that would likely be deterimental to investors. The letter was coordinated by the Council of Institutional Investors in the United States.

May 8, 2017 LETTER FROM GLOBAL INVESTORS TO GOVERNMENTS OF THE G7 AND G20 NATIONS

We co-siged a letter to G7 and G20 governments urging them to continue to support and implement the Paris Agreement, drive invesments into the low carbno transition and implement climate-related financial reporting frameworks. The letter was coorindated by several initatives Addenda is involved in includng the Principles for Responsible Investment, the Investor Network on Climate Risk and CDP.

March 16, 2017 Investor Recommendations for Improving Gender Diversity on Boards

We co-signed a letter to Ontario's Ministry of Finance with some recommendations to facilitate greater representation of women on boards. This letter followed a meeting held in 2016. The letter was coordinated by the Responsible Investment Associate, of which Addenda is a Sustaining Member.

January 31, 2017 2017 Pre-Budget Consultations

We wrote to Ontario's Minister of Finance during 2017 Pre-Budget consultations to 1) encourage the government to review the Task Force on Climate-related Financial Disclousures (TCFD) final report in 2017 and consider using regulatory means to require disclosure; and 2) explore enforceable means to increase the representation of women on corporate boards to at least the largest of 3 board positions or 30% by the end of 2022.

January 30, 2017 Comments on the proposed Ontario Change Solutions Deployment Corporation EBR Number 012-9270

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

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.
ICGN
  • Regular communications on global corporate governance issues.
  • Access to members in other jurisdictions that could help us better understand local governance issues.
  • Opportunities to provide input to the committees that present members’ views to regulators on corporate governance issues.
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.

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