Did you know that since 1970, April 22nd is Earth Day? As a committed and responsible organization, Bâtirente has been deploying its efforts with conviction in favour of responsible finance for over 15 years. Climate change is certainly one of the ongoing drivers that have guided our course of action in sustainable investing.
Responding to the urgent need to take action, Bâtirente unveiled an ambitious climate commitment last fall aimed both at mitigating the cause of global warming by reducing greenhouse gas emissions and mitigating its consequences.
In addition, Bâtirente engages on behalf of its members, in a robust climate-friendly dialogue with listed companies, fund managers and the entire financial community.
Here are a few recent initiatives:
- Bâtirente supports the Canadian government’s proposed Clean Fuel Regulations (CFR) that aims at reducing carbon intensity of liquid fossil fuels produced in and imported into Canada.
- With support from Æquo, Shareholder Engagement Services, Bâtirente submitted to two companies held in its portfolio a shareholder proposal requesting the adoption of a corporate target of net-zero greenhouse gas emissions by 2050. The CIBC Bank having accepted to make such a commitment, Bâtirente withdrew its proposal. As for the Imperial Oil Limited, it will be submitted to shareholders for approval on May 1st.
Through its commitment and its actions, Bâtirente proves that it is possible to combine performance and responsible action for the benefits of all its members.
Bâtirente is taking care of the planet every day by developing a strong community around the sharing of best practices and by encouraging companies to implement sustainable business models.