Addenda Capital joins Net Zero Asset Managers Initiative
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Monday, October 4, 2021
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MONTREAL, Oct. 4, 2021 /CNW Telbec/ - Addenda Capital, a privately-owned investment management firm, is proud to announce today that it has joined the Net Zero Asset Managers Initiative, a global movement of financial institutions spurred by the goal of net zero greenhouse gas emissions by 2050 or sooner to limit global warming to 1.5 degrees Celsius.
Key Points:
- MONTREAL, Oct. 4, 2021 /CNW Telbec/ - Addenda Capital, a privately-owned investment management firm, is proud to announce today that it has joined the Net Zero Asset Managers Initiative, a global movement of financial institutions spurred by the goal of net zero greenhouse gas emissions by 2050 or sooner to limit global warming to 1.5 degrees Celsius.
- The Net Zero Asset Managers Initiative, launched in December 2020, now includes nearly 130 signatories worldwide representing $43 trillion in assets under management.
- Addenda Capital, a leader in sustainable investing, is part of a small number of Canadian firms that have signed on to help make a difference in preventing irreversible damage from climate change.
- "For Addenda, the decision to join this global financial movement was the next logical step in the efforts we have made so far to foster a better outlook for future generations," saidRoger Beauchemin, President and Chief Executive Officer of Addenda Capital.