Investor group looks to connect bottom line to green, social factors

Some of Canada’s largest institutional investors are preparing a fresh push on companies to adopt strategies, risk management and disclosure practices to address the bottom-line impact of environmental and social factors such as the socio-economic impact on communities.

The Canadian Coalition for Good Governance — an umbrella organization whose members, including the Ontario Teachers’ Pension Plan Board, RBC Global Asset Management Inc. and Franklin Templeton Investments Corp., manage nearly $4 trillion in assets — is unveiling an eight-point plan on Tuesday to guide companies and their boards to develop a structure and practices to oversee management of relevant environmental and social factors.

Read More: Financial Post