Diversity: financial players make a series of commitments

Diversity: financial players make a series of commitments

The Mouvement Desjardins and the Caisse de dépôt et placement du Québec are committed to deploying a series of measures to increase diversity and inclusion.

Share October 1, 2020 11:56 p.m. Share Diversity: financial players make a series of commitments The Canadian Press MONTREAL – Financial sector players who manage more than $ 2.3 trillion in assets – including the Mouvement Desjardins and the Caisse de dépôt et placement du Québec – are committed to deploying a series of measures to increase diversity and inclusion within their organizations and investments.

The “Declaration of Canadian Investors on Diversity and Inclusion,” coordinated by the Association for Responsible Investment, has 31 signatories, it was announced Thursday.

In a press release, they said they recognized “the existence of systemic racism and its repercussions on black and aboriginal communities as well as on people of color”, which adds to the discrimination regarding factors such as gender. and sexual orientation.

“We all have a responsibility to ensure that persistent inequalities in businesses and in our society are eliminated,” the joint statement argues. As institutional investors, we can help address these inequalities in Canada by taking intentional steps to promote diversity and inclusion in our portfolios and within our organizations. ”

The signatories will have to deploy measures to integrate diversity and inclusion in their investments, in particular by keeping an eye on the practices of the public companies in which they hold stakes. Internally, they will also have to put forward training aimed at promoting inclusion and compile data in order to identify and eliminate obstacles to the advancement of minorities.

A diversity and inclusion week will also be organized. It will be held from October 26 to 30.

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