VANCOUVER, April 7 /CNW/ - Inhance Investment Management Inc. today
released Dialogue to Deeds - 2009, its second annual report detailing how
environmental, social and governance (ESG) issues affect shareholder value.
Inhance, which is one of Canada's leading socially responsible mutual
fund companies, engaged companies in eight key areas including: climate
change, environmental performance, land use and community engagement,
lifecycle impacts of products, human rights, sustainability reporting,
diversity and health and safety. In total 19 companies were the subject of 25
points of engagement.
"Environmental, social and governance risks can impact a company's
profitability and long term shareholder value," said Dermot Foley, Vice
President of Strategic Analysis at Inhance. "We believe that as the
relationship between the economy, society and the environment becomes
increasingly complex, companies need to address ESG risks pro-actively and
constructively. As shareholders we take responsibility for bringing issues
forward and seeking appropriate disclosure of management strategies and
The UN Principles for Responsible Investment have been adopted by 396
institutional investors and asset managers including some of the world's
largest pension funds. These principles explicitly recognize that
environmental, social and governance issues can affect the performance of
investment portfolios. Inhance Investment Management was the first Canadian
mutual fund company to adopt the UNPRI.
For report copies visit: http://inhance.ca/pdf/09DialoguetoDeeds_e.pdf
About Inhance Investment Management Inc.
Inhance is a Canadian investment management company dedicated to being a
leader in evolving the Responsible Investment arena, with a mission of
creating wealth for Canadian investors through Return on Responsibility(TM).
Inhance is a part of Vancity, Canada's largest credit union.
For further information:
For further information: Dermot Foley, Vice-President Strategic
Analysis, Inhance Investment Management Inc., T: (604) 975-3314, C: (604)
340-1721, firstname.lastname@example.org, http://www.inhance.ca