Submitted by ASSET4
Toronto, Canada and Zug, Switzerland. - May 5, 2009 - TD Asset Management Inc., one of Canada's largest investment management firms, and ASSET4 AG (ASSET4), a leading provider of verifiable environmental, social and corporate governance (ESG) information, announced today that TD Asset Management has acquired a subscription for ASSET4's ESG information solution.
"As part of our commitment to sustainable investing, we've been developing a proprietary sustainability matrix to ensure our analysis of a company includes a thorough examination of ESG factors," said Bruce Cooper, Managing Director, TD Asset Management. "ASSET4 offers comprehensive and verifiable ESG data which will be particularly useful to this matrix as well as being extremely valuable as we continue to assess our own ESG practices."
"We are very pleased to be working with TD Asset Management," said Ted Yarnell, ASSET4 Vice President and General Manager Americas. "Like us, they are a signatory to the United Nations Principles for Responsible Investment (PRI), and they know that good ESG data is key to an investment management firm being able to meet its PRI commitments. ASSET4’s information solution includes verifiable ESG data on 278 key performance indicators for more than 2,500 public companies, which will include the full S&P/TSX Composite Index, plus a variety of tools that can help our clients analyze the data. It is a premier solution for any organization that is committed to sustainable investing."
About TD Asset Management
TD Asset Management operates in Canada as TD Asset Management Inc. and in the United States as TDAM USA Inc. TD Asset Management is a highly diversified North American investment management organization with leading market positions in active, quantitative and passive portfolio management. In aggregate as of March 31, 2009, TD Asset Management’s investment professionals managed over C$169 billion/US$134 billion in assets under management on behalf of pension, insurance, endowment/foundation and corporate clients, as well as for high-net worth individuals and retail mutual funds. As part of its commitment to sustainable investing, TD Asset Management is a signatory to the United Nations Principles for Responsible Investment, a signatory to the Carbon Disclosure Project, and a member of the Canadian Coalition for Good Governance. For more information, please visit www.tdam.com.
ASSET4 provides professional investors a new generation of investment research information and corporate executives ESG management and benchmarking capabilities. The ASSET4 information and tools enable clients to improve investment performance, reduce risk, develop innovative products, drive down research costs and monitor the ESG aspects of their companies and portfolios. ASSET4 has 220 employees and is based in Zug, Switzerland with offices in London, New York, Mauritius and India. For more information, please visit www.asset4.com.
ASSET4 has the world’s largest database of transparent, objective and auditable environmental, social and governance (ESG) information. Professional investors use our database and analysis tools for a variety of applications such as positive and negative screening, compliance monitoring and integration of ESG into their investment analysis. This enables them to systematically engage with companies, improve investment performance, reduce risk and lower research costs. Corporate executives, investor relations, CSR managers and corporate communication professionals have one-click access to ESG benchmarking and best-in-class tracking and evaluation capabilities. This enables companies to reduce enterprise risk, enhance corporate governance and increase accountability, transparency and trust, while at the same time improving communications with long-term investors and other stakeholders. ASSET4 has 240 employees and is headquartered in Zug, Switzerland with locations in London, New York, Paris, Frankfurt, Mauritius and India. It is a proud signatory of the UN's Principles for Responsible Investment. For more information, please visit www.asset4.com.
More from ASSET4