Next week, more than 150 academics and mainstream investors from around the world will gather at York University in Toronto between Oct. 1 and Oct. 3 to discuss the evolution of responsible investment.

Next week, more than 150 academics and mainstream investors from around the world will gather at York University in Toronto between Oct. 1 and Oct. 3 to discuss the evolution of responsible investment.

Karim Harji spoke to Tessa Hebb at the conclusion of Day 1 of the PRI Academic Conference held at Carleton University to get her views on the conference’s goals, and how social finance relates to responsible investing in Canada.
Why is this conference important?
The UNPRI is a critical vehicle for institutional investors to understand how to integrate ESG factors into their investment decision making. As an extension, the role of the academic network is to reinforce that work by providing solid credentialed research about RI and about the importance of these factors. At this year’s conference, we have a wide range of papers from international and Canadian academics and practitioners, including graduate students, to attempt to move forward the discussions around some of the key issues in RI – especially in light of the financial crisis, and some of the implications that have resulted.
Following the initial conference of the PRI Academic Network held at the Maastricht University in Sept. of 2008, the second annual conference will take place at Carleton University, Ottawa, Canada. The first day of the conference will focus on papers on the broad theme of "The Next Generation of Responsible Investing", while the second day of the conference will allow for other papers on Responsible Investing to be presented on themes such as universal ownership, corporate engagement, and shareholder advocacy.
This research project looks at the impacts of labour practices in commercial property management on overall property performance. The project profiles a number of case studies to help property investors, companies and managers develop an understanding of best practices in the commercial property sector, examine the benefits that others have derived from adhering to high labour standards, and generally identify opportunities and barriers associated with explicit incorporation of labour standards into investment practice.
These days we are on a financial market rollercoaster with dizzying daily plunges and stomach-wrenching twists and turns. In 2008 the Toronto Stock Exchange (TSX) lost roughly half of its value from a high of 15,000 to just over 7,500.
This news would be bad enough if it was someone else’s money, but it’s not. It’s our retirement savings on this wild ride and, for many, that elusive retirement date is slipping slowly out of sight. We used to think that financial markets were the playground of the rich, but increasingly we have come to realize that ordinary citizens’ savings underpin these markets.