The CIFSC updates its responsible investment framework annually or as needed to reflect global ESG trends and taxonomy developments for Canadian investors. The latest review, conducted from February 1 to July 15, 2024, incorporated feedback from the Investment Funds Institute of Canada and other asset managers.
This updated version, differing from the July 2022 framework, aligns more closely with harmonized definitions from CFAI/GSIA/PRI and removes ESG integration as a recognized approach. Strategies not meeting the updated framework will have their ESG flags removed by August 31, 2024, with changes posted on the CIFSC website under Results of RI Reclassification.
