Initiatives & recognition
Initiative we support
The Carbon Disclosure Project works to transform the way the world does business, to prevent climate change and protect our natural resources. IGM Financial reports annually to the CDP on our energy use and greenhouse gas emission performance, together with over 7,000 global organizations.
Global Reporting Initiative
The Global Reporting Initiative (GRI) provides a widely used framework for reporting on corporate sustainability. Our Corporate Responsibility reporting is guided by the GRI Standards, including the G4 Financial Services Supplement.
Imagine Canada works to ensure that charities play a pivotal role in building, enriching and defining our nation. The organization recognizes both IG Wealth Management and Mackenzie Investments as "Caring Companies."
Principles for Responsible Investment
The United Nations-supported PRI initiative is an international network of investors, investment managers and other professionals representing more than US $85 trillion in assets, who are working together to put into practice six principles for responsible investment. IG Wealth Management and Mackenzie Investments are signatories.
Responsible Investment Association
IG Wealth Management and Mackenzie Investments are members of the Responsible Investment Association (RIA). RIA believes that the integration of environmental, social and governance (ESG) factors into the selection and management of investments can provide superior risk adjusted returns and positive societal impact.
Women’s Empowerment Principles
The Women's Empowerment Principles offer guidance for businesses looking to empower women in the workplace, marketplace and community. The Principles emphasize the business case for corporate action to promote gender equality and women's empowerment and are informed by real-life business practices and input from around the globe. IG Wealth Management, Mackenzie Investments and Investment Planning Counsel are signatories.
United Nations Global Compact
Our parent company, Power Financial, is a signatory to The United Nations Global Compact, a voluntary initiative for businesses committed to a consistent approach to corporate social responsibility. Since 2016, Power Financial has strengthened its reporting to an “Advanced Level” Communication on Progress, with tangible examples of how the principles are implemented throughout the Power Financial group of companies and on the alignment of our group’s programs to the United Nations' Sustainable Development Goals.
Awards and recognition
CDP A List
For 2018 reporting, IGM Financial earned a position on the CDP A-List for corporate Leadership in tackling climate change through disclosure.
IGM is one of only five Canadian firms who received this rating and one of ~140 worldwide, out of more than 7,000 participants.
IGM Financial has been independently assessed according to the FTSE4Good criteria and has satisfied the requirements to become a constituent of the FTSE4Good Index Series. IGM Financial is one of only 30 Canadian companies included in an index of ~1,000 global constituents.
Created by the global index provider FTSE Russell,1 the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong environmental, social and governance (ESG) practices.
1 FTSE Russell is the trading name of FTSE International Limited and Frank Russell Company.
In 2019 the Mackenzie Global Environmental Equity Fund and the Mackenzie Global Leadership Impact ETF rated in the top five in the Canadian equity fund and ETF categories of the Corporate Knights Eco-Fund Ranking.
Corporate Knights is a Toronto-based media and investment advisory company that promotes an economic system that reflects social, economic and ecological costs and benefits.
Jantzi Social Index
Since 2015, IGM Financial has earned a spot on the Jantzi Social Index (JSI), a stock index of Canada's most sustainable companies. The JSI is a socially screened, market capitalization-weighted common stock index modeled on the S&P/TSX 60. It consists of 50 Canadian companies that pass a set of broadly based environmental, social, and governance rating criteria. IGM Financial is one of only five financial services firms in the index.