Desjardins Group, a leading Canadian financial cooperative, extends its influence beyond national borders through its Global Finance division. While primarily focused on serving its members in Canada, Desjardins recognizes the interconnectedness of the global economy and strategically participates in international financial markets.
Global Finance Desjardins isn’t about establishing retail branches worldwide. Instead, its international activities are largely centered on investment strategies, asset management, and supporting the international operations of its Canadian corporate clients. It manages substantial assets, diversifying investments across various geographies and asset classes to optimize returns and mitigate risk for its members. This includes investments in international equities, fixed income instruments, and alternative investments.
A key area of focus involves supporting Canadian businesses with international ambitions. Desjardins provides financial solutions and expertise to companies looking to expand their operations globally. This may include financing international trade, providing foreign exchange services, and offering advisory services related to navigating international regulations and business practices. The aim is to empower Canadian businesses to succeed in the global marketplace, contributing to economic growth and prosperity at home.
Responsible investment principles are integral to Desjardins’ global finance strategy. They are committed to incorporating Environmental, Social, and Governance (ESG) factors into their investment decision-making processes. This involves assessing the environmental impact, social responsibility, and governance practices of the companies and projects they invest in, aiming to promote sustainable and ethical business practices globally. This approach aligns with Desjardins’ cooperative values and its commitment to creating long-term value for its members and the communities it serves.
Desjardins Global Finance actively monitors global economic trends and geopolitical risks to inform its investment strategies and risk management practices. They employ a team of experts who analyze market conditions, assess investment opportunities, and manage potential risks associated with international investments. This proactive approach helps Desjardins to navigate the complexities of the global financial landscape and protect the interests of its members.
While Desjardins’ international presence is less visible than that of some multinational financial institutions, its Global Finance division plays a vital role in supporting the financial well-being of its members and contributing to the growth of the Canadian economy. By strategically participating in global financial markets and promoting responsible investment practices, Desjardins extends its cooperative values and commitment to sustainable development beyond national borders.