TORONTO, April 6, 2021 /CNW/ - TD Asset Management Inc.
(TDAM) is pleased to announce that it has joined the International
Corporate Governance Network (ICGN) as part of its commitment to
promote and support high standards of corporate governance and
Established in 1995 as an investor-led organization, the ICGN
mission is to promote effective standards of corporate governance
and investor stewardship to advance efficient markets and
sustainable economies worldwide. ICGN members are from over 50
markets with assets under management in excess of $54 trillion, and include pension funds,
insurance companies and asset managers such as TDAM.
"At TDAM we are strong believers and proponents of investment
stewardship," said Robert
Vanderhooft, Chief Investment Officer, TDAM and Senior Vice
President, TD Bank Group. "With our globally diversified approach,
and commitment to ESG factors in our investment philosophy, we are
pleased to join ICGN to further promote and enhance our corporate
governance and sustainability standards."
TDAM, as part of joining ICGN, is also endorsing the ICGN Global
Stewardship principles, which set out ICGN's best practices in
relation to investor stewardship obligations, policies and
processes. These include:
- Influencing policy by providing a reliable source of investor
opinion on governance and stewardship;
- Connecting peers at global events to enhance dialogue between
companies and investors around long-term value creation; and
- Informing dialogue through education to enhance the
professionalism of governance and stewardship practices.
"The TDAM ESG team is thrilled to be joining ICGN in promoting
corporate governance, stewardship and sustainability best practices
internationally," added Priti
Shokeen, Vice President & Director, ESG Research &
"ICGN is delighted to welcome TDAM to our global membership,"
said Kerrie Waring, Chief Executive
Officer, ICGN. "Becoming part of our network signifies a high
commitment to effective investor stewardship practice, which serves
to preserve and enhance long-term value. We look forward to
engaging with TDAM as part of our shared mission to make good
governance and sustainability an integral part of business and
investing stewardship." For more information, visit the ICGN
Learn more about sustainable investing at TDAM.
About TD Asset Management Inc.
TD Asset Management Inc. (TDAM), a member of TD Bank Group, is a
North American investment management firm. Operating through TD
Asset Management Inc. in Canada and
TDAM USA Inc. in the U.S., TDAM brings new thinking to
investors' most important challenges. TDAM offers investment
solutions to corporations, pension funds, endowments, foundations
and individual investors. Additionally, TDAM manages assets on
behalf of almost 2 million retail investors and offers a broadly
diversified suite of investment solutions including mutual funds,
professionally managed portfolios and corporate class funds. Asset
management businesses at TD manage $407 billion in assets
as at December 31, 2020. Assets under management include TD
Asset Management Inc., TDAM USA Inc. and Epoch Investment
Partners Inc. (Epoch). All entities are wholly-owned subsidiaries
of The Toronto-Dominion Bank.
SOURCE TD Asset Management Inc.