2023RIAINVESTOROPINIONSURVEY CANADIAN INVESTOR PERSPECTIVES ON RESPONSIBLE INVESTING, GREENWASHING & ARTIFICIAL INTELLIGENCE

The RIA aims to drive the growth and development of RI in Canada, 2021 RIA Investor Opinion Survey with a vision to align capital with sustainable and inclusive development as codified in the Paris 2020 RIA Investor Opinion Survey Agreement and the UN Sustainable 2019 RIA Investor Opinion Survey Development Goals. [...] This suggests a need for the industry to try to mitigate these risks and to better shape the use of AI tools to be ethically compliant and transparent. [...] Improving the level of education of retail investors in general while working to address specific concerns about the provision of reliable data and mitigation of risks, particularly as it relates to AI, should help advance the public conversation about RI and close the “RI service gap.”. [...] 2023 Investor Opinion Survey / 10 Knowledge of RI continues to differ significantly by age with those 55 or older less likely to say they know a fair bit or a lot (24%) compared to those 35-54 (32%) and 18-34 (35%), and more likely to report they have never heard of RI or know little or nothing (75%, compared to 68% among those 35-54 and 65% among those 18-34). [...] FIGURE 20 In terms of making responsible investment decisions, do you consider AI to be more of a risk or more of an opportunity? Much more of an opportunity 3% Somewhat more of an opportunity 8% Both a risk and opportunity 43% Somewhat more of a risk 30% Much more of a risk 16% 2023 Investor Opinion Survey / 25 When asked whether respondents view AI as more of a risk or opportunity in terms of ma.