Responsible Investing

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Responsible Investing (RI) involves evaluating both financial and non-financial attributes of investment opportunities. The consideration of environmental, social, and governance (ESG) factors is an important part of this process.

Responsible Investing

ATRF’s primary investment goal is to generate returns that are sufficient to fund the plans over the long term while remaining within the risk tolerance of the plan sponsors. Providing a secure pension at a reasonable cost is consistent with ATRF’s fiduciary duty to act in the best interest of its beneficiaries.

Responsible investing (RI) involves evaluating both financial and non-financial attributes of investment opportunities. ATRF believes that the consideration of environmental, social, and governance (ESG) factors is an important part of this process. Organizations that effectively identify and manage ESG risks and opportunities are more likely to represent good, long-term investments. ATRF expects its investment manager will incorporate these beliefs by:

  • integrating ESG factors into its evaluation of investments;
  • being an active owner by communicating with companies on ESG matters and joining with other institutional investors on shared ESG engagement initiatives;
  • taking a responsible approach to proxy voting.

ATRF acknowledges that its investment manager, AIMCo, has an advanced RI program, which incorporates corporate engagement, cooperation with peer investors, and membership in internationally recognized RI organizations. AIMCo’s RI efforts are consistent with ATRF’s RI philosophy. Through ongoing discussion and consultation, ATRF and AIMCo will work to ensure that this remains true as RI standards and practices evolve over time.

Climate Change

ATRF has an obligation to invest responsibly. We also consider ESG factors an important part of our focus on long-term investment value and sustainability.

With a growing focus on the risks and opportunities related to climate change, the organization has developed an ATRF Climate Change Approach carefully designed to meet the needs of our plans.

Proxy Voting

ATRF has the right and responsibility to ensure that its voting rights are exercised in a manner consistent with its interests as an asset owner. As AIMCo has a well-articulated set of proxy voting guidelines that ATRF believes to be consistent with its interests, ATRF delegates its proxy voting to AIMCo. It is understood and expected that AIMCo will solicit input from ATRF on its proxy voting guidelines on a regular basis.