Sunday, September 18, 2022
HomeWealth ManagementDesjardins goes all in on accountable annuities

Desjardins goes all in on accountable annuities

“Desjardins is continuous to be a pioneer in accountable funding by turning its whole vary of annuities into accountable annuities,” explains Man Cormier, President and CEO of Desjardins Group.

“The extra rigorous monetary establishments are in making use of strict ESG standards, the extra issuers must adapt to stay enticing to buyers. These sorts of actions put us on the trail to a extra sustainable economic system,” he added.

Accountable annuities premium managers keep away from investing in companies that derive a good portion of their earnings from the extraction or manufacturing of oil, pure fuel, or thermal coal, from the operation of infrastructure for the transportation or storage of oil and fuel, from the refining of oil, or from the manufacturing of coal-based power.

The announcement is according to others made lately and demonstrates the importance of accountable investing at Desjardins.

In Might, Desjardins introduced the addition of 10 new accountable funding funds, bringing the whole variety of its SocieTerra merchandise obtainable to 30.



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