<p><span>Two new commissioners – Karen Keilty and Jason Milne – have been appointed to the board of the British Columbia Securities Commission (BCSC).</span></p>
A credit union in southwest Ontario is going all in on responsible investing (RI), a growing movement that argues companies with robust environmental, social and governance (ESG) practices in place outperform the broader market over the long term.
Come May, Libro Credit Union says its members looking to open a new mutual fund will only be able to choose from options offered by its partner, NEI Investments, a firm that has been tilling this field for three decades now.
“Like the broad market, we’ve seen in the last five years not just demand for this type of investment, but really an expectation from investors that the companies they invest in, the companies they choose to do business with, they can t just be for the shareholder anymore,” said Paul McQueen, Libro’s vice-president for wealth.
Libro Credit Union switches to responsible investments for all new mutual funds Libro Credit Union is making a bold step by exclusively offering responsible investment options for all new mutual fund accounts.
April 26, 2021 10:37 ET | Source: Libro Credit Union Libro Credit Union London, Ontario, CANADA
Southwestern, Ontario, April 26, 2021 (GLOBE NEWSWIRE) Libro Credit Union is making a bold step by exclusively offering
responsible investment options for all new mutual fund accounts.
The move means people doing business with Libro can be confident their money is driving positive change in society. It also makes Libro, the biggest credit union in southwestern Ontario, the first Canadian credit union to exclusively offer responsible investments through our existing partner organization NEI Investments. While already in place in practice, the official launch date is May 1, 2021.