RI Identification Framework Developed

The Canadian Investment Funds Standards Committee (CIFSC) has published its ‘Responsible Investment (RI) Identification Framework.’ The framework was developed in collaboration with Canadian industry stakeholders including research firms, data providers, asset managers, and industry bodies as a way for Canadian investors to find investment products that have disclosed they use a responsible investment approach. The approaches defined in the framework are complementary to the CSA’s recent guidance on ESG (environmental, social, and governance) fund disclosures, as well as the CFA Institute’s ‘Global ESG Disclosure Standards for Investment Products.’ Over the coming weeks, CIFSC will compile a list of funds identified under one or more of the listed responsible investment approaches. Once completed, the list will be displayed publicly on its website and integrated into major Canadian research databases.