SRI Assets Continue To Climb

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    Socially responsible investment (SRI) assets in Canada continue to climb, showing growth in virtually every major market segment and outpacing growth of total assets under management, says a report by the Social Investment Organization. ‘The Canadian SRI Review 2012’ shows that assets managed under sustainable and socially responsible guidelines in Canada grew by 16 per cent between June 30, 2010, (the effective date of the last report) and December 31, 2011. By comparison, total assets under management grew by nine per cent in the same time period. Total assets managed under SRI guidelines is $600.9 billion, up from $517.9 billion. At $600.9 billion, this represents 20 per cent of assets under management in the financial industry, up from 19 per cent of the market in 2010.