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Sustainable products and services

We invest in quality companies with sustainable franchises and attractive growth prospects that are managed responsibly and provide sustainable products and services.  

For us, sustainable products and services are those that generate measurable social or environmental benefits alongside financial returns, creating long-term value for shareholders and society at large.  

Given the mainstay of our investments is in financial services, we believe we represent a positive force in society by providing our clients with affordable and accessible life and health insurance, retirement savings programs, and a suite of investment products, including socially responsible investment funds. Our group’s financial consultants and advisors are also contributing to financial literacy by providing financial advice and guidance to our clients. These services are helping to make a real difference for a broad spectrum of society in all age and income groups – including those with lower incomes. 

We are also helping finance sustainable and renewable energy projects, through our subsidiaries Power Sustainable and Great-West Lifeco. These types of investments are supporting the transition to a low carbon economy, while positively impacting society and the environment.

Shared value creation

Highlights from our group companies

SOCIALLY RESPONSIBLE INVESTMENT FUNDS

Several companies within our group offer socially responsible investment funds which enable their clients to match their evolving needs and expectation while working towards meeting the world’s sustainability challenges. 

IGM Financial has a suite of socially-responsible products and services. The IG Mackenzie Betterworld SRI Fund follows a sustainable investment approach prioritizing ESG factors by leveraging sustainable approaches such as excluding certain industries, best-in-class ESG and ESG stewardship. In addition, the Fund does not invest in companies whose revenues are primarily derived from alcohol, cannabis, tobacco, gambling, pornography or critical weapons systems.

In 2022, Mackenzie Investments also partnered with Wealthsimple to launch the Wealthsimple North American Green Bond Index ETF, which seeks to invest in issuers of green bonds, that  fund projects related to climate change, climate adaptation, and carbon reduction such as the building of solar panels, building energy efficiency and green transit projects, or in social bonds, that are devoted to advancing social causes related to pandemic response, affordable housing, and food security.

Moreover, IGM Financial offers charitable giving funds, Registered Disability Savings Plans and retail mutual funds in Canada that abide by the United-Nations supported Principles for Responsible Investment. For instance, IG Wealth Management and Mackenzie Investments have continued to be market leaders in offering Registered Disability Savings Plans (RDSP) for clients or family members with disabilities, providing them access to a tax-preferred savings vehicle and at the same time take advantage of generous government grants and bonds.  

Mackenzie Investments also offers investment funds that prioritize sustainability or ESG in the investment objective. These funds include:  

  • The Mackenzie Global Sustainable Bond Fund and ETF combines ESG-labelled debt with issuers that exhibit strong ESG characteristics and provide access to green bonds, sustainability-linked bonds and other that aim to fuel a sustainable future; 

  • The Mackenzie Global Women’s Leadership Fund and ETF are broadly diversified funds that invest only in companies committed to gender diversity and women in leadership, anywhere in the world;

  • The Mackenzie Greenchip Global Environmental All Cap Fund holds stocks and bonds focused on the environmental economy and can give investors greater exposure to environmentally focused drivers, such as companies focused on clean energy, water and sustainable agriculture; and

  • The Mackenzie Corporate Knights Global 100 Index Fund and ETF, launched in 2023, offers investors access to the Corporate Knights’ 100 most sustainable companies in the world and exposes them to leaders at the forefront of addressing material sustainability risks, such as climate change.

 

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