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Sustainable investing is a source of value creation in the long run for our clients, and acting responsibly is the foundation of a successful and resilient business model for our partners.»
- Valérie Cecchini, Managing Partner
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We are committed to support global and local initiatives that strive to promote knowledge and best practice sharing.
Becoming a UNPRI signatory was therefore a natural step forward for BOREALIS.»
- Florent Salmon, Managing Partner
Responsible Investing
- We view responsible investing as a mindset, which goes beyond “buy and sell” decisions. Managing funds on behalf of our clients entails an unwavering commitment to not only comply with the legal requirements applicable but also act responsibly, which is a defining part of our mission.
- Our responsibility therefore spans across all our activities: analysis and investment, engaging with corporations, proxy voting and partnering for sustainable finance education.
- Our intention is to influence corporations’ strategic choices and ultimately direct capital flows towards sustainable economic activities for the benefit of all stakeholders.
Our Compass
- How we invest and how we operate as a business are guided by a common set of principles articulated along four core values: alignment of interest, transparency, resource stewardship, and responsible citizenship.
- Our annual Sustainability Reports are designed as both a progress report and a path forward to a more inclusive capitalism, one investment and one vote at a time.
BOREALIS Voice
BOREALIS PROXY VOTING DECISIONS
As of July 31st, 2022
Voting on all topics
During the 2021-2022 proxy season, we voted on a total of 567 proposals, 37 of which were put forward by shareholders. This year, the majority of shareholder proposals were related to environmental and social matters (64%), while governance topics represented only 36% of shareholders proposals, down from 55% last year.
Shareholders' proposals are analyzed carefully, and our voting decisions are based on our policy and our clients' best interest.
Every vote counts
During the 2021-2022 proxy season, we voted on a total of 567 proposals, 37 of which were put forward by shareholders. This year, the majority of shareholder proposals were related to environmental and social matters, while governance topics represented only 36% of shareholders proposals, down from 55% last year.
We do not automatically support management nor shareholders' proposals. The merit of each proposal is carefully analyzed, guided by our governance principles and current best practices. Ahead of proxy season, emerging topics are discussed, and enhanced guidelines are set in order to maximize voting consistency.
Special attention is given to shareholders' proposals. In addition to review these proposals, we investigate each proponent and its legitimacy. Our voting decisions reflect a balancing act between shareholder's intention and management response and progress.
BOREALIS GAM Impact
PORTFOLIO AND OPERATIONS
Invest, Influence and Impact
Each dollar we invest gives us the means to influence, and everytime we can influence, we bring about change with the aim to positively impacting people's life. By allocating capital, we support companies to achieve their economic, social and environmental goals. As of March 31, 2024, our portfolio companies have committed to advance primarily the following United Nations Social Development Goals: Climate Action, Decent work and economic growth, and Responsible consumption and production.
Sustainability Trend
We track our portfolios' sustainability on 6 dimensions. All these dimensions are linked to financial metrics which are included in our future cash flow forecast and valuation modeling. Data for the years 2022 (dark line, and 2021 (light line).
Tracking our own impact
We track our own operations on 3 dimensions: impact on the environment, impact on our community and impact on the economy. Our first 5-year sustainability plan is detailed in our 2020 Sustainability report.
Membership and Affiliations
The Principles for Responsible Investment are voluntary and aspirational principles that were developed by an international group of institutional investors reflecting the increasing relevance of environmental, social and corporate governance issues to investment practices.
The process was convened by the United Nations Secretary-General. As of March 2021, there were over 3,800 signatories, including 2800 investment managers globally.
PRI’s mission:
“We believe that an economically efficient, sustainable global financial system is a necessity for long-term value creation. Such a system will reward long-term, responsible investment and benefit the environment and society as a whole."
Established in 1952, the Portfolio Management Association of Canada (PMAC) is a convened for Portfolio Management firms to share best practices and industry knowledge.
PMAC currently represents over 280 portfolio management firms who collectively manage over $2.8 trillion of assets on behalf of pension plans, foundations, non-profit organizations, institutions and high net worth investors.
