BCI does not explicitly require our investment managers to incorporate a prescribed ESG approach. Rather our managers understand that we expect them to consider all factors that are material to any investment including those related to ESG. Our equity managers provide quarterly reporting on ESG that allows us to assess their practices and track their progress towards implementing RI best practices.
BCI excludes companies involved in manufacturing of landmines and/or cluster munitions from its investment universe. This exclusion is based on international treaties signed and ratified by the Canadian federal government. Our investment managers are required to comply with this exclusion.