Scope of activities
The Finance and Sustainability Initiative has chosen a collaborative approach, centered on education, professional development, university research, and partnerships.
- Raise awareness among investors, university students, and company executives of the principles of responsible investment and sustainable development.
- Professional development
- Create professional development tools for responsible investment.
- University research
- Encourage university research on sustainable finance and specifically on the link between the integration of ESG criteria and risk management, return fluctuations and the impact of measures taken by companies to address ESG issues.
- Provide a platform for dialogue and the development of a common language to foster the convergence of responsible investment and sustainable development.
- Facilitate collaboration between the research, education, and finance communities in order to develop pragmatic approaches that effectively meet investment professionals’ needs.
- Create partnerships with other organizations that share the same vision and pursue similar objectives.
FSI Award for Best Sustainable Development Report
This annual competition launched in the spring of 2013 aims to promote excellence in sustainable development reporting among Canadian companies. It is conducted in collaboration with university students, who determine their own evaluation criteria for specific industry sectors. The awards for best sustainable development report for each sector are announced during a luncheon-conference. Find out more.
Sustainable Investment Professional Certification (SIPC)
The FSI is the originator of this online certification program, which was launched in the fall of 2011 and is administered by the John Molson Executive Centre at Concordia University. SIPC is made up of five online courses. Each consists of online lectures, readings, training sessions and case-study assignments. They’re designed to provide with context and help you understand concepts of environmental, social, financial and ethical sustainability in real-world settings. The program must be completed over a 12-month period and corresponds to approximately 80 hours of study. Registration is every 2nd and 15th of each month. The program content is offered in English and qualifies for continuing education credits with the CFA Institute. The admission requirements are to have at least one year of work experience, an undergraduate degree in a relevant discipline and a keen desire to learn and implement sustainability programs. Find out more.
FSI-PRI Competition and Scholarship for Best Research on Responsible Investment
The aim of this annual competition, which launched in the fall of 2014, is to recognize the best Quebec-based research on responsible investment. Every Fall, a scholarship is awarded to the student who submits the best graduate-level research paper (masters or doctorate). Find out more.
COLLABORATIONS AND PARTNERSHIPS
The FSI is proud to join forces with renowned organizations in achieving its mission to encourage financial institutions to evolve their “traditional” investment practices by integrating ESG criteria into investment analysis, selection, and management, all with a view to sustainable development. The FSI’s commitments and initiatives have rapidly attracted the support of some of Montreal’s largest financial institutions.
The FSI offers several sponsorship, collaboration, and partnership options to organizations that share the same vision and pursue similar objectives. For more information about collaboration and partnership opportunities with the FSI or about sponsoring its activities, contact us at email@example.com.
Created in January 2010, the Finance and Sustainability Initiative was born of its members’ desire to have ESG criteria integrated into investment best practices. The FSI brings together over 100 members of the financial, university, and business communities. Through its commitment and initiative, the organization has rapidly attracted the support of some of Montreal’s largest financial institutions.
Reasons for its creation
The Finance and Sustainability Initiative addresses key societal issues. Rapid demographic and economic growth on a global scale have resulted in the unbridled consumption of finite natural resources and a development that may impair future generations’ ability to meet their own needs. The resulting environmental, social, and governance challenges represent not only risks but also opportunities that companies must manage to ensure their sustainability and that financial institutions must assess to optimize the long-term value of their portfolios. These challenges create the need for comprehensive and standardized measurement, assessment, and communication tools, for financial intermediaries as well as businesses. Sustainable finance and, more specifically, responsible investment are born of the need to overcome the disconnect between corporate responsibility and the allocation of capital, essentially by modifying the behaviour of financial markets so that ESG criteria are integrated into investment decisions.