RIA is an organisation representing the responsible investment industry in Canada while RIRA is a not-for-profit initiative to encourage the mainstreaming of environment, social and governance (ESG) issues in investment and lending decisions. 

The RI Academy said the expansion of its global partnerships will improve the quality of the training it offers in responsible investment and will promote the growth of the responsible investment industry. 

According to the Global Sustainable Investment Review, sustainability invested assets across Canada reached US$589.1 billion in 2013, accounting for 20 per cent of funds under management in the region.

The RI Academy said this continued growth in the industry is generating an increase in demand for education offerings relating to responsible investment. 

“We’re incredibly pleased to be extending our reach into mature and emerging responsible investment markets through these partnerships with the leading organisations in this field in Canada and India”, said RI Academy chief executive Simon O’Connor. 

“These partnerships will better help us achieve our vision to continue to be the leading provider of ESG education in global investment and capital markets, to facilitate the practical implementation of ESG in partnership with market leaders globally.”

RIA chief executive Deb Abbey said investors and financial service professionals can “no longer ignore the impact a company's behaviour has on its license to operate, and therefore its value”. “Whether it's questionable environmental practices or vulnerability from poor supply chain management, these issues have a real impact on a company's valuation,” said Mr Abbey. 

She said partnering with the RI Academy has given RIA the tools to educate investment advisers and professionals.

“The RI Academy's dedication to excellence in ESG education raises the bar for responsible investment policies and practices worldwide."