Sustainable development is part of the mission, values and practices of the Fonds de solidarité FTQ. This is why the Fonds plays a leading role in ensuring that development takes into consideration economic, social and environmental dimensions.
In 2009, the Fonds joined the international financial responsibility movement when it adhered to the United Nations Global Compact and therefore supports all the fundamental values set out in the 10 principles of the Global Compact, which relate to human rights, labour standards, the environment and anti-corruption.
The best way to predict the future is to prepare it well!
The Fonds issued its fourth Annual and Sustainability Report (to the right) in accordance with the criteria of the Global Reporting Initiative (GRI). This report presents some 30 objectives that the Fonds' Sustainable Development and Responsible Investment Coordination Committee regularly monitors.
Through training, capsules and vignettes and awareness-raising activities, we are taking up the challenge of continuously and more effectively adhering to the values of sustainable development responsible investment. The actions we take to encourage our employees to use sustainable transportation are a good example of this.
Principles for Responsible Investment (PRI)
As a responsible institutional investor, with the ongoing aim to act in the best long-term interest of its shareholders, the Fonds de solidarité FTQ also adhered to the Principles for Responsible Investment in September 2011.
Since it has adhered to the PRI, the Fonds has used the services of SHARE (Shareholder Association for Research & Education), a not-for-profit organization, to ensure better monitoring of its responsible investments in Canadian large-capitalization securities. SHARE may intervene at shareholders' meetings, by proposing resolutions or debating resolutions that were already submitted or, more directly, by contacting certain companies. The objective: engaging companies in a dialogue to improve some of their governance, human rights or environment protection practices.