ESG Governance Policy

BCI’s ESG Governance Policy, approved by the BCI Board, sets out the governance framework for oversight and management of ESG activities at BCI. It outlines ESG-related roles and responsibilities at all levels of BCI, as well as the relationship between our ESG Strategy and risk management policies.

Under this policy, all BCI personnel are expected to contribute in varying ways to our responsible investing activities to protect and grow the long-term value of client funds.

BCI BOARD

Responsible to approve ESG Governance Policy, Business Plan and Investment Risk Management Policy. Provides oversight and approves the CEO/CIO scorecard, including ESG objectives as appropriate.

CEO/CIO

Influences a culture of ESG awareness and recognition within BCI, aligning BCI’s ESG Strategy with client beliefs. Responsible for approving ESG Strategy and integrating ESG considerations within BCI’s overarching vision.

EXECUTIVE MANAGEMENT

Contributes to BCI’s ESG Strategy, ensuring alignment with ESG Investment Beliefs, ESG Guiding Principles, and client objectives. Approves and evaluates department activities related to the ESG Strategy, ensuring alignment with BCI’s vision and business plan.

BCI PERSONNEL

As suitable to their role, all BCI personnel are expected to contribute to BCI’s responsible investing activities to protect and grow the long-term value of client funds.
ESG Strategy

Long-term sustainability of returns is the driving force behind our overall investment approach. BCI’s ESG Strategy ensures consistency in addressing the issues most material to our clients’ investments. Through four key pillars, we consistently apply our ESG principles across all levels of investment decision-making.

Complementing our overall commitment to responsible investment, BCI has a dedicated approach to climate action.

INTEGRATE

We integrate ESG analysis and risk management into all investment processes, from supporting clients’ asset allocation decisions to individual investment decisions within our portfolios.

INVEST

We actively seek opportunities to invest in ESG-themed investments that contribute to improved long-term outcomes for clients and reinforce our investment beliefs.

INFLUENCE

Through engagement and advocacy, we apply our influence on companies in which we invest, our partners, and other participants in capital markets.

INSIGHT

We use our learnings across all ESG activities, as well as our understanding of emerging trends, to generate insights that help us continuously adapt and improve our strategies, processes, and approaches.

ESG Reporting

BCI publicly discloses ESG-related information and progress in many ways, including through our Corporate Annual Report, Annual Climate Disclosures, PRI Transparency and Assessment Reports, and proxy voting database.

In alignment with best practices defined by the IFRS Sustainability Disclosure Standards, annual ESG and climate reporting is integrated alongside financial reporting in our corporate annual reports.