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RBC Global Asset Management

PRI reporting framework 2017

You are in Strategy and Governance » Objectives and strategies

Objectives and strategies

SG 05. RI goals and objectives

05.1. Indicate if and how frequently your organisation sets and reviews objectives for its responsible investment activities.

05.2. Additional information. [Optional]

The RBC GAM Approach to Responsible Investment is reviewed and updated annually.  In addition, RBC GAM publishes its annual and semi-annual Corporate Governance & Responsible Investment reports as at December 31 and June 30.

SG 06. Main goals/objectives this year

06.1. List the main responsible investment objectives that your organisation set for the reporting year.

Responsible investment processes

Key performance indicator

          Provide at least one formal external ESG training opportunity to all investment teams and portfolio managers.

Progress achieved

KPI was achieved.  All investment teams and portfolio managers had at least one external training opportunity made available to them, and for most individuals there were two or more.  Also ad-hoc internal training was provided by the Corporate Governance & Responsible Investment (CGRI) team when requested.

Key performance indicator

          Grow commitment to transparency and reporting on ESG issues and activities, both internally and externally.

Progress achieved

KPI was achieved.  The CGRI team has produced a number of internal and external reports, presented to various internal stakeholder groups, and responded to ad-hoc requests for information and reporting.  The internal awareness of ESG issues and the RBC GAM approach to these issues has been increasing significantly as a result of these activities.

Key performance indicator

          Develop a focused and structured engagement program to deliver value for our investment teams.

Progress achieved

Progress has been made towards achieving KPI.  RBC GAM significantly expanded our engagement activities in 2016, which included both proactive engagement and reactive engagements initiated by companies held in our portfolios.  We are continuing to expand and improve our engagement program in a way that ensures we continue to work closely with all of the investment teams. 

Financial performance of investments

ESG characteristics of investments

Other activities

06.2. Additional information.