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Investment managers adopting reconciliation practices, but more work to be done: report – Advisor’s Edge

July 9, 2021

A survey finds that more than half of firms considered Indigenous rights in their investment analysis

A survey from the Reconciliation and Responsible Investment Initiative (RRII) has found that many investment managers incorporate reconciliation and Indigenous rights recognition into their activities. However, the degree of commitment and integration was decidedly mixed.

“While some firms are leading in building internal momentum and embedding economic reconciliation into client relations, investment and stewardship, others have yet to take tangible action to respond to Truth and Reconciliation Call to Action 92 and move from awareness to action on reconciliation,” said Katherine Wheatley, manager of the RRII, which is a a partnership between the Shareholder Association for Research and Education and the National Aboriginal Trust Officers Association.

“In some cases, [firms] have yet to make any movement,” Wheatley said.

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