TORONTO, Nov. 26, 2020 /CNW/ - Today, TD Asset Management Inc. (TDAM) announced that it has become a founding institutional investor signatory to the Responsible Investment Association's (RIA) investor statement on diversity and inclusion (D&I).
The statement is both important and impactful as it acknowledges the existence of systemic racism and its impacts on Black and Indigenous communities and People of Colour in Canada and globally.
"We are committed to the betterment of our society by providing a diverse and inclusive workplace," says Robert Vanderhooft, Chief Investment Officer, TDAM. "Having a diverse workplace benefits everyone as it brings new viewpoints and perspectives to a company allowing for more innovation, high job acceptance, and stronger performance."
As a signatory, TD Asset Management endeavours to enhance the public disclosure of diversity data, adopt policies, targets and timelines to improve diversity on boards and senior management, and expand and disclose organizational efforts to address barriers to diversity and inclusion.
As a signatory, TDAM also endeavours to engage with Canadian investee companies to convey the expectation of improved disclosure and performance on diversity and inclusion practices, integrate diversity and inclusion into our investment processes and improve diversity and inclusion practices to more effectively address barriers to inclusion and advancement of underrepresented groups.
TDAM is fully committed to supporting a diverse and inclusive workplace and building a culture where every voice is heard and all individuals can freely express themselves based on their unique perspectives.
Read more on the RIA D&I statement here.
About TD Asset Management Inc.
TD Asset Management (TDAM), a member of TD Bank Group, is a North American investment management firm. Operating through TD Asset Management Inc. in Canada and TDAM USA Inc. in the U.S., TDAM brings new thinking to investors' most important challenges. TDAM offers investment solutions to corporations, pension funds, endowments, foundations and individual investors. Additionally, TDAM manages assets on behalf of almost 2 million retail investors and offers a broadly diversified suite of investment solutions including mutual funds, professionally managed portfolios and corporate class funds. Asset management businesses at TD manage $396 billion in assets as at September 30, 2020. Assets under management include TD Asset Management Inc., TDAM USA Inc., Epoch Investment Partners Inc. (Epoch) and TD Greystone Asset Management. All entities are wholly-owned subsidiaries of The Toronto-Dominion Bank.
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SOURCE TD Asset Management Inc.