Company Profile
Founded in 1996, Fondaction is a labour-sponsored investment fund based in Montreal, Quebec. Established by the Confédération des Syndicats Nationaux (CSN), Fondaction aims to support the positive transformation of Quebec's economy by investing in small and medium-sized enterprises (SMEs) that prioritize sustainable development and social responsibility.
Fondaction manages nearly $4 billion in net assets and offers retirement savings plans to over 220,000 shareholders. The fund invests in various sectors, including agriculture, food, trade, climate change, energy, environment, sustainable development, manufacturing, services, life sciences, and technology.
Through its subsidiary, Fondaction Asset Management, the organization develops and deploys innovative financial solutions to address major environmental and societal challenges while generating competitive returns. Fondaction is committed to advancing the United Nations Sustainable Development Goals by mobilizing capital towards impact sectors, thereby accelerating the profound and sustainable transformation of the economy.
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