TORONTO Canada, October 1, 2015 –Bonnefield Financial is pleased to announce it has earned an “A” rating from the United Nations-supported Principles for Responsible Investment (UN-PRI) for its overarching approach to responsible investment.
In December 2014, Bonnefield became the first farmland investment management company in Canada to become a signatory to UN-PRI, a network of global investors committed to working together to put principles of responsible investing into practice. Signatories follow a set of six principles that protect the environment, benefit society, and promote sound governance through integrity and transparent reporting.
As part of their commitment, signatories agree to an annual assessment of these principles. Bonnefield earned a mark of A for the overarching approach module, scoring exceptionally high for its responsible investing policies (including policies for managing conflicts of interest), roles and responsibilities, performance management and rewards, independent promotion of responsible investing and dialogue with public policy makers. (Across 924 companies, the median score was B.)
Bonnefield’s goal is to protect the integrity of “farmland for farming” by working with local Canadian farm operators to help them grow, reduce debt and diversify their assets, while promoting sound farming practices. Bonnefield’s approach to social responsibility and its assessment can be found here.
About UNPRI
The United Nations-supported Principles for Responsible Investment (PRI) Initiative is an international network of investors working together to put the six principles for responsible investment into practice. Its goal is to understand the implications of Environmental, Social and Governance issues (ESG) for investors and support signatories to incorporate these issues into their investment decision making and ownership practices. In implementing the principles, signatories contribute to the development of a more sustainable global financial system. Visit www.unpri.org.