July 2, 2024

Victoria, B.C. – British Columbia Investment Management Corporation (BCI) has received a score of 100 per cent from Global SWF in its latest Governance, Sustainability and Resilience (GSR) Scoreboard, a testament to our industry-leading practices and commitment to accountability and transparency.

“Amid an increasingly complex global investment landscape, strong governance and responsible investing practices have become imperative to deliver long-term, sustainable returns for our clients and their beneficiaries,” says Gordon J. Fyfe, BCI’s Chief Executive Officer and Chief Investment Officer.

“This recognition reflects more than two decades of dedication to excellence in achieving our mandate, and the commitment of our world-class team. We are proud to be among leading global investors and look forward to continuing to support best practices across the industry.”

The annual benchmark evaluates the public disclosures of the world’s 200 largest sovereign wealth and public pension funds, which manage approximately US$27.5 trillion on behalf of 80 countries. BCI was one of only five funds to achieve a perfect score, sharing the top spot with CDPQ (Canada) , ISIF (Ireland), NZ Super (New Zealand), and Temasek (Singapore). Last year, we achieved the second highest score with 96 per cent.

In September 2023, Global SWF highlighted BCI as its Fund of the Month with a focus on investment performance, global expansion, and leadership on environmental, social, and governance (ESG) matters.

Learn how BCI unlocks opportunities in volatile markets in our 2023-2024 Corporate Annual Report.

ABOUT BCI
British Columbia Investment Management Corporation (BCI) is amongst the largest institutional investors in Canada, with C$250.4 billion in gross assets under management as of March 31, 2024. Based in Victoria, British Columbia, with offices in Vancouver, New York, and London, U.K., BCI manages a portfolio of diversified public and private market investments on behalf of its 29 British Columbia public sector clients.

With a global outlook, BCI integrates ESG factors into investment decisions and activities that convert savings into productive capital to meet clients’ risk and return requirements over time. Founded in 1999, BCI is a statutory corporation created by the Public Sector Pension Plans Act. For more information, visit BCI.ca or LinkedIn.

CONTACT
Olga Petrycki
media@bci.ca