UTAM receives high scores in UN’s principles for responsible investing
The University of Toronto Asset Management Corp. has received its highest scores in the United Nations’ principles for responsible investing’s annual assessment of its approach to responsible investing.
It received A+ marks in all six categories evaluated by the PRI, scoring above the median in each. The UTAM became a signatory to the PRI in 2016 and is committed to following its six responsible investing principles.
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“The PRI is the pre-eminent responsible investing organization in the world and we are pleased to once again receive excellent scores from its assessment process,” said Daren Smith, UTAM’s president and chief investment officer, in a press release. “Our goal has been to develop a comprehensive, best-in-class [responsible investing] program that applies to all asset classes and we believe our PRI scores are a strong indication that we are on the right track.”