Le Lézard
Classified in: Environment, Business
Subject: ESG

IGM group of companies release climate commitment to become carbon neutral and support transition to net zero

WINNIPEG, MB, Nov. 18, 2021 /CNW/ - IGM Financial Inc. (IGM ) (TSX: IGM) today officially introduced its climate commitments, in support of the global climate momentum achieved during COP26.

Through IGM's wealth and asset management businesses (IG Wealth Management, Investment Planning Counsel and Mackenzie Investments) the company plays a critical role in the global transition to a low-carbon economy. IGM has detailed its climate commitments in a position statement on the company's website, with a focus on three key areas:

  1. Investing in a greener, climate resilient economy ? Our investment processes and products give us the opportunity to manage climate risks and create innovative solutions to our ongoing climate issues.
  2. Collaborating and engaging to help shape the global transition ? We play a vital role in bringing climate-smart investment advice and solutions to clients, helping companies adapt, and participating in industry and policy advancements.
  3. Demonstrating alignment through our corporate actions ? We will hold ourselves to a similar standard that we expect from the companies we invest in and empower our employees to stand behind our commitments.

"As a leading Canadian financial services organization and an allocator of capital worldwide, we have a responsibility to not just advocate, but to act on the changes we want to see in the world," said James O'Sullivan, President and CEO, IGM Financial Inc. "We recognize that communities and companies will be impacted in different ways by the climate transition. We support an approach that is fair and equitable for all, while achieving the global goal of a net zero future by 2050." 

Some of our recent climate-related milestones are outlined below: 

To read IGM's Climate Commitments, please visit: igmfinancial.com/en/corporate-responsibility

For more information on IGM's commitment to a sustainable future, please read the company's Sustainability Report, CDP response, Task Force for Climate-Related Financial Disclosures, and annual Transparency Reports for the Principles for Responsible Investment at: https://www.igmfinancial.com/en/corporate-responsibility/library

IGM Financial Inc. is one of Canada's leading diversified wealth and asset management companies with approximately $271 billion in total assets under management and advisement at October 31, 2021. The company provides a broad range of financial planning and investment management services to help more than two million Canadians meet their financial goals. Its activities are carried out principally through IG Wealth Management, Mackenzie Investments and Investment Planning Counsel. IGM Financial is a member of the Power Corporation group of companies.

SOURCE IGM Financial Inc.

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News published on 18 november 2021 at 07:00 and distributed by: