MD Financial Management Signs the Principles for Responsible Investment
MD Financial Management Inc. has become a signatory to the United Nations-supported Principles for Responsible Investment (PRI), administered by the not-for-profit organization of the same name. The PRI is the world’s leading proponent of responsible investment, encouraging the use of responsible investment to enhance returns and better manage risks.
By signing the PRI, MD is once again demonstrating its overarching commitment to responsible investing and its dedication to evolving its responsible investment approach. Taking a global approach gives MD increased guidance and perspective and enables it to make more informed investment decisions.
“At MD, we’re proud to take another important step forward in our organization’s responsible investment journey, which began in 1969 when we made the bold and—at the time—controversial decision to restrict tobacco-related investments,” said Brian Peters, President and CEO at MD. “We will continue to further develop our positioning, to provide guidance and perspective on responsible investing best practices within the industry, and, as always, to further empower our clients to align their investments with their values as physicians.”
As a PRI signatory, MD pledges to:
- incorporate environmental, social and governance (ESG) issues into our investment analysis and decision-making processes;
- be an active owner and incorporate ESG issues into our ownership policies and practices;
- seek appropriate disclosure on ESG issues by the entities in which we invest;
- promote acceptance and implementation of the Principles within the investment industry;
- work with the PRI Secretariat and other signatories to enhance their effectiveness in implementing the Principles;
- report on our activities and progress toward implementing the Principles.
About MD Financial Management Inc.
Owned by the Canadian Medical Association, MD has one main goal: to help Canada’s physicians achieve financial well-being.
MD has more than $47 billion in assets under administration and is dedicated to serving Canada’s physicians and their families. MD provides financial products and services, the MD Family of Funds and investment counselling services through the MD Group of Companies. For a detailed list of these companies, visit md.cma.ca.
About the PRI
The PRI is the world’s leading proponent of responsible investment. It works to understand the investment implications of ESG factors and to support its international network of investor signatories in incorporating these factors into their investment and ownership decisions. The PRI acts in the long-term interests of its signatories, of the financial markets and economies in which they operate, and ultimately of the environment and society as a whole.
The PRI is truly independent. It encourages investors to use responsible investment to enhance returns and better manage risks, but does not operate for its own profit; it engages with global policy-makers but is not associated with any government; and it is supported by, but not part of, the United Nations.
Media Contact
Maria Grant
Lead, External Communications
maria.grant@cma.ca
613 809-0657