Government of Canada strengthens social equity and gender equality in the financial sector with new tool and funding to support implementation

OTTAWA, ON, Nov. 29, 2024 /CNW/ - The Government of Canada is committed to greater social equity and gender equality. Today at the Sustainable Finance Forum, the Minister of Families, Children and Social Development Jenna Sudds announced the launch of the Pilot Social Equity Lens Investment (SELI) Coding System. This new tool is a taxonomy that will define, assess, and track progress toward the Social Finance Fund's investment targets of advancing social equity and gender equality. The Pilot SELI Coding System will be used to ensure that the Government of Canada is meeting its social equity and gender equality goals when it comes to investing in social finance initiatives. Indigenous reconciliation has been integrated as a foundational principle within the Pilot SELI Coding System.