Investing in a socially responsible future

 

This year, we signed the Principles for Responsible Investment (PRI) joining more than 2,000 organizations around the world that have publicly demonstrated their commitment to including environmental, social and governance (ESG) factors in their investment decision making and practices.

The PRI were developed by an international group of institutional investors and the process was convened by the United Nations Secretary-General.

“We are pleased to see Central 1 join the Principles for Responsible Investment,” said PRI’s CEO Fiona Reynolds. “It takes a forward-thinking organization to acknowledge that environmental, social and governance factors can be used to better manage risk and identify new opportunities. We look forward to working with Central 1 in the coming months.”

To better align with our values, and the values of the credit union system, Central 1 has integrated ESG factors into our mandates and practices. For example, we dedicate a portion of our investment portfolio in our Mandatory Liquidity Pool to Green Bonds and socially responsible investments in our investment policy. In addition, we have incorporated ESG as part of our counter-party investment review procedure.

The Six Principles for Responsible Investment

We will incorporate ESG issues into investment analysis and decision-making processes.

We will be active owners and incorporate ESG issues into our ownership policies and practices.

We will seek appropriate disclosure on ESG issues by the entities in which we invest.

We will promote acceptance and implementation of the Principles within the investment industry.

We will work together to enhance our effectiveness in implementing the Principles.

We will each report on our activities and progress towards implementing the Principles.
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