What is Responsible Investing?
Responsible Investing is about more than financial returns—it’s about making investments that consider their impact on society and the environment. By incorporating environmental, social, and governance (ESG) factors into investment decisions, RI ensures that your money contributes to a sustainable, equitable future.
What are ESG factors?
Environmental
How a company performs as a steward of the planet
Social
How a company manages relationships with employees, suppliers, customers and the communities where it operates
Governance
How an organization is managed and controlled
Do responsible investments give less of a financial return?
Myth Buster:
Responsible investments can lead to better long-term financial performance. Studies, such as one by the Morgan Stanley Institute for Sustainable Investing, show that ESG-focused funds perform as well as, or better than, traditional funds and demonstrate lower downside risk. These investments often provide stability during volatile periods, making them both financially sound and impactful.
Our Path Forward
In May 2021, Libro made a bold move to exclusively offer responsible investment options for all new mutual fund accounts through Aviso Wealth*. The decision reflects our dedication to driving positive change as a purpose-driven business, a member of the Responsible Investment Association of Canada and as a certified B Corp®.
We are using business as a force for good – empowering you to invest with purpose.
How Libro Offers Responsible Investing
Libro partners with Aviso Wealth to bring you options with NEI Investments that align with your values and financial goals. These funds are designed to meet rigorous ESG standards.
Learn more about NEI’s investment approach here.
Frequently Asked Questions
Why has Libro partnered with Aviso Wealth to offer responsible investing through NEI Investments?
Responsible investing with Libro shows that you do not have to compromise your values with financial performance. You can have both. NEI Investments evaluates opportunities using rigorous ESG standards. NEI has been at the forefront of responsible investing and ESG for almost 40 years. No matter where you are in your financial journey, NEI offers an investment solution to meet your needs. Their funds seek two key outcomes: optimize financial returns, and to maximize positive social and environmental impacts.
What RI products does Libro have access to?
Through our partner, Aviso Wealth, we offer access to NEI Investments’ socially-responsible mutual funds*. Mutual funds* are a collection of stocks and bonds that are funded by shareholders (unit holders). They are professionally managed and diversified to spread risk. Set up an appointment today with a Libro Coach to assess your needs and the right fit.
Why should I choose to invest responsibly?
Events in our natural world and in our economy show us environmental and social issues impact directly on the performance of companies.
Adopting a responsible investment approach is about ensuring you are minimizing your exposure to the financial risks increasingly associated with climate change, changing energy needs, poor ethical and governance practices, water shortages or exploitative labour practices.
Choosing responsible investing allows you to align your financial goals with your values, ensuring your investments contribute to a sustainable and equitable future. It’s an opportunity to make a positive impact on the world while achieving competitive returns.
Helpful Tools and Resources
Learn more about what responsible investing is and how it makes an impact on the world on our blog, Making Cents of Money.
Check our our Responsible Investing webinar about how you can invest your money in products that are working towards a better tomorrow while making competitive returns.
Discover how your investments can align with your values. Speak to a Libro Coach to discuss how to build your wealth with purpose.
*Mutual funds and other securities are offered through Aviso Wealth, a division of Aviso Financial Inc. NEI Investments is a registered trademark of Northwest & Ethical Investments L.P. (“NEI LP”). Northwest & Ethical Investments Inc. is the general partner of NEI LP and a wholly-owned subsidiary of Aviso Wealth Inc. (“Aviso”). Aviso is the sole limited partner of the NEI LP. Aviso is a wholly-owned subsidiary of Aviso Wealth LP, which in turn is owned 50% by Desjardins Financial Holding Inc. and 50% by a limited partnership owned by the five Provincial Credit Union Centrals and the CUMIS Group Limited.
Sources: NEI Client Insights, NEI Clean Infrastructure Fund, August 2023, NEI Client Insights, NEI Environmental Leaders Fund, September 2023