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Fiera Capital Joins International Net Zero Asset Managers Initiative
Fiera Capital Joins International Net Zero Asset Managers Initiative Canada New...
About this update from Fiera Capital Corporation Class A
[{"type":"text","content":"\n \n \n \n Fiera Capital Joins International Net Zero Asset Managers Initiative\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n MONTREAL\n \n ,\n \n Aug. 3, 2021\n \n /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\n \n Net Zero Asset Managers initiative\n \n (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.\n \n \n 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\n \n US$43 trillion\n \n , are now part of the initiative.\n \n \n 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.\n \n \n \n \"In joining the Net Zero Asset Managers initiative, we are proud\n \n \n 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,\"\n \n said\n \n Jean-Philippe Lemay\n \n , Global President and Chief Operat...