Several CIBC Wood Gundy advisors are long-time practitioners of responsible and social investing
TORONTO, May 30, 2016 /CNW/ - CIBC (TSX: CM) (NYSE: CM) and the Responsible Investment Association (RIA) are pleased to announce CIBC as a Sustaining Member of the RIA and CIBC Wood Gundy as an Associate Member.
"We are pleased to join the RIA as many of our clients are interested in this area of investing," said Gary Whitfield, Managing Director, CIBC Wood Gundy. "We have a talented team of investment advisors, who are focused on delivering competitive returns while practicing the investing discipline of sustainable, responsible and impact investing."
"We are absolutely thrilled to welcome CIBC as a Sustaining Member of the Responsible Investment Association," said Deb Abbey, CEO of the RIA. "CIBC's membership demonstrates their leadership and strengthens our capacity to raise the profile of responsible investment in Canada. We look forward to working with CIBC in this rapidly growing market."
About the Responsible Investment Association
The Responsible Investment Association (RIA) is Canada's membership association for responsible investment (RI). RI refers to the integration of environmental, social and governance (ESG) criteria into the selection and management of investments. We are a national, membership-based organization composed of financial institutions, mutual fund companies, asset management firms, financial advisors, ESG research firms, and various organizations and individuals who practice and support responsible investing. The RIA and its members strongly believe that RI is a valuable investment tool to enhance returns, reduce risk, and catalyze positive social change.
CIBC is a leading Canadian-based financial institution with 11 million individual, small business, commercial, corporate and institutional clients and three major business units – Retail and Business Banking, Wealth Management and Capital Markets. CIBC Capital Markets provides integrated global markets products and services, corporate and investment banking, and top-ranked research to corporate, government and institutional clients around the world. Visit www.cibccm.com for more information on CIBC and CIBC Capital Markets. News releases are available at www.cibc.com/ca/media-centre/.