MONTREAL, Aug. 3, 2021 /CNW Telbec/ - Fiera Capital
Corporation ("Fiera Capital" or the "Company")
(TSX: FSZ), a leading independent asset management firm, is
pleased to announce that it has joined the Net Zero Asset Managers
initiative (the "initiative"), committing to work proactively
towards the goal of reaching net zero greenhouse gas emissions by
2050 or sooner and to support broader efforts to limit global
warming to 1.5 degrees Celsius.
The international initiative aims to compel the asset management
industry to commit to playing a more active role in battling
climate change. It is managed by the United Nations-supported
Principles for Responsible Investment (PRI), of which the Company
has been a signatory since 2009, and five other founding partner
investor networks. A total of 128 signatories, with collective
assets under management of US$43
trillion, are now part of the initiative.
As part of its commitment to further reinforce its responsible
investing approach, Fiera Capital will set an initial target for a
portion of its assets to be managed in line with achieving net zero
emissions. This target will then be reviewed at least every five
years, with a view to adding more investment strategies until
all assets are included by 2050.
"In joining the Net Zero Asset Managers initiative, we are
proud to be strengthening our contribution to the
global effort to tackle climate change. Global warming presents
profound risks, both for our clients and for society more broadly.
We firmly believe that committing to achieving net zero emissions
across our portfolios by 2050 will reinforce the manner in which we
carry out our fiduciary responsibilities and enhance our ability to
protect our clients' portfolios from systemic risk," said
Jean-Philippe Lemay, Global
President and Chief Operating Officer.
"While ESG considerations are currently integrated into our
investment analysis and processes," he added, "our decision
to join this initiative puts the full strength of the organization
behind our commitment to expand our ESG efforts further."
All of Fiera Capital's Irish UCITS funds are classified as
Article 8 under the Sustainable Finance Disclosure Regulation
(SFDR). As part of its participation in the annual Global Real
Estate Sustainability Benchmark (GRESB) assessment for seven of its
funds, the Company successfully achieved four GRESB "Green Star"
rankings in 2020, in addition to being awarded the Planet Mark
accreditation, for its wholly-owned subsidiary Fiera Real
Estate.
About Fiera Capital Corporation
Fiera Capital is a
leading independent asset management firm with a growing global
presence and approximately C$179.5
billion in assets under management as of June 30, 2021. The Company delivers customized
and multi-asset solutions across public and private market asset
classes to institutional, financial intermediary and private wealth
clients across North America,
Europe and key markets in
Asia. Fiera Capital's depth of
expertise, diversified investment platform and commitment to
delivering outstanding service are core to our mission of being at
the forefront of investment management science to create
sustainable wealth for clients. Fiera Capital trades under the
ticker FSZ on the Toronto Stock Exchange. www.fieracapital.com
Headquartered in Montreal,
Fiera Capital, with its affiliates in various jurisdictions, has
offices in over a dozen cities around the world, including
New York (U.S.), London (UK), and Hong Kong (SAR).
Fiera Capital does not provide investment advisory services, or
offer investment funds, in the United
States or to U.S. persons. In the U.S., asset management
services are provided by the Company's affiliates who
are investment advisers that are registered with the U.S.
Securities and Exchange Commission (SEC) or exempt from
registration. Registration with the SEC does not imply a certain
level of skill or training. For details on the particular
registration of, or exemptions therefrom relied upon by, any Fiera
Capital entity, please consult this webpage.
Additional information about Fiera Capital Corporation,
including the Company's annual information form, is available on
SEDAR at www.sedar.com.
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SOURCE Fiera Capital Corporation