Mr. Speaker, the Caisse de dépôt et placement du Québec joined other major pension fund managers on April 27 and signed an unprecedented declaration, a declaration proposed by the UN to promote the principles for responsible investment.
The declaration, signed in New York, sets out six principles accompanied by 35 possible actions enabling an institution to integrate environmental, social and good governance considerations into its investment activities.
These actions, developed over a one-year period by more than twenty institutional investors, touch on decision-making, active ownership, transparency and promoting these principles within the financial community. Possible actions include the filing of shareholder resolutions consistent with responsible investment principles as well as exercising voting rights that reflect such principles, as was done at the Bombardier shareholder meeting.
The Bloc Québécois congratulates the Caisse de dépôt et placement du Québec for this initiative, which promotes a long-term vision for sustainable and responsible investment.