Responsible investment

To generate stability and promote growth in the decades to come, the Desjardins Group Retirement Committee ("DGRC") considers it is important to foster sustainable development. To that end, the DGRC promotes responsible investment which allows the Plan, along with the Desjardins Group, to play a proactive role in regards to challenges in environmental, social and governance matters.

Signatory of the Principles for Responsible Investment
In January 2018, the DGPP reaffirmed its commitment to responsible investment by becoming a signatory of the United Nations-supported Principles for Responsible Investment ("PRI"), an international group of assets holders, portfolio managers and service providers committed to integrating environmental, social and governance ("ESG") factors in their investment decisions.1 

This should put the Plan in a better position to fulfill its engagements to members and beneficiaries while aligning its investments activities with society's interest.

Climate considerations
The DGPP is committed to the environment. Its goal is that by the end of 2020, the portfolios invested in public traded securities will have a 20% smaller carbon footprint than their stock and bond benchmarks. Moreover, 100% of DGPP's direct infrastructure investments in energy, which amounts to $936M as at December 31, 2019, are in the renewable energy sector.

Shareholder engagement
An external provider has been hired to ensure that DGPP's voting rights policy is strictly enforced. The policy's guidelines deal with sound governance rules, as well as the organization's social responsibility (human rights, labour law, sustainability, community support and financial ethics). 

Due diligence on partners
The Plan requires its partners to be transparent in ESG matters. To ensure compliance, the Plan's portfolio managers conduct due diligence on partners throughout the investment process.

 1 To learn more about the Principles for Responsible Investment, go to: www.unpri.org/about.

Voting Rights


Acadian
Acadian EAFE
Baillie Gifford
Unigestion
Global Alpha
Canada & United States
RRMD



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Meetings Proposals For Against Abstain No vote With Against
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972 9539 6775 2588 44 132 6954 2453
99 1201 776 343 39 43 782 377
98 1402 943 373 45 40 918 444
70 666 414 174 46 30 418 218
179 1927 1176 342 405 0 1169 758
1855 19132   12926 5009 894 290   13218 5625