Leading the way on responsible investment
Central 1 holds a unique place in co-operative banking. Our ability to meet opportunities and challenges head on has helped us support a strong credit union system for over 75 years. It’s therefore fitting that we also help lead the way towards a more sustainable financial future – for our clients, their customers and society as a whole.
That’s why we’ve not only committed to integrating Environmental, Social and Governance (ESG) factors into our practices, we publicly demonstrated it by signing the United Nations-supported Principles for Responsible Investment (UN-PRI) in 2018.
Central 1 is also a member of the Responsible Investment Association, Canada’s industry association for responsible investing. We have joined over 130 organizations who are committed to growing and supporting responsible investing in Canada.
Our Guiding Principles
Our commitment to Responsible Investment has led us to develop five guiding principles that support and shape our investment and lending practices:
Curiosity, Courage & Collaboration
Continuous Learning & Improvement
What is responsible investing?
Responsible Investment is an investing approach that takes into consideration ESG factors, as well as the long-term financial health of the market. With growing support from investors and financial institutions alike, it has two goals: maximizing positive impact and financial growth.
How does a company help protect our environment?
How does a company treat its employees and communities?
How does a company govern itself sustainably?
Central 1 - Responsible Investment Milestones
Partnered with our credit union syndicate to fund five wind farm projects.
Incorporated ESG into our counterparty review.
Begin tracking our sustainability bonds that help promote a green economy.
Signed the United Nations-supported Principles for Responsible Investment (UN-PRI) and dedicated part of our investment portfolio to green and social impact bonds, funding projects like sustainable building, low-carbon transportation and affordable housing.
Submitted our first voluntary disclosure to the UN-PRI for assessment.
Joined the newly established CBIA (Canadian Bond Investors' Association) ESG working group to advocate for more transparent ESG disclosure.
Shortlisted for the Best Overall Corporate Governance Award at the 2019 Excellence in Governance Awards.
Central 1 becomes a member of the Responsible Investment Association, joining over 130 organizations who are committed to growing and supporting responsible investing in Canada.
Central 1, alongside institutional investors managing more than $2.3 trillion in assets, signed the Canadian Investor Statement on Diversity & Inclusion, a new initiative coordinated by the Responsible Investment Association.
Established the very first ESG Policy at Central 1
Created Central 1’s Responsible Impact Investing Committee (“RIIC”)
Achieved and exceeded our target (5% of our total portfolio) for Responsible Investment holdings (Green, Social, or Sustainability-linked bonds)