carbon footprint – Benefits Canada.com

OMERS committing to net zero, UPP facing divestment calls from university staff

bwolfe — Mon, 29 Nov 2021 14:00:44 +0000

The Ontario Municipal Employees Retirement System is the latest pension plan to commit to net-zero greenhouse gas emissions across its total portfolio by 2050. In a press release, the OMERS said its path to net zero will be informed by the annual calculation and public disclosure of its total portfolio carbon footprint. The release also […]

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COP26 highlighting importance of ESG, disclosure for institutional investors

bwolfe — Thu, 11 Nov 2021 14:00:11 +0000

As talks at the 2021 United Nations Climate Change Conference winds down, 2022 is poised to become the “show me” year for environmental, social and governance factors and sustainability measures, says Eugene Lundrigan, president of Sun Life Capital Management Inc. This year’s conference, dubbed COP26, brought world leaders and thousands of delegates from participating countries to Glasgow, […]

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Net-zero transition offering opportunities for Canadian pension sector: report

bwolfe — Wed, 10 Nov 2021 13:00:28 +0000

Canada’s $4 trillion pension sector could enjoy immense commercial benefits by aligning with the transition to net-zero emissions and helping to mobilize $140 billion of low carbon investments per year, according to a new report by Corporate Knights, the Natural Step Canada and the Smart Prosperity Institute. It found Canada’s 12 largest pension fund managers […]

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2021 GIC coverage: Institutional investors proliferating net-zero commitments

bwolfe — Tue, 09 Nov 2021 11:59:18 +0000

As more companies shift to net-zero commitments in the face of climate change, institutional investors play a key role in proliferating the practice through where they invest their clients’ money, said Lloyd McAllister, head of environmental, social and governance research at Newton Investment Management, during a session at the 2021 Global Investment Conference. However, he […]

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Institutional investors teaming up to promote net-zero economy

bwolfe — Thu, 14 Oct 2021 13:00:51 +0000

Canadian pension funds are among the institutional investors participating in Climate Engagement Canada, a new initiative to promote a net-zero economy. The initiative, which is coordinated by several investor networks, is launching with 27 institutional investors that collectively manage more than $3 trillion in assets, according to a press release. The participating pension funds include […]

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Caisse promising to divest from oil production by end of 2022

bwolfe — Tue, 28 Sep 2021 17:00:36 +0000

The Caisse de dépôt et placement du Québec is planning to completely divest from oil production — roughly one per cent of its total portfolio or about $3.9 billion based on the size of its net assets as of June 30 — by the end of 2022, as part of its new climate change strategy. […]

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Ontario Teachers’ planning 45% reduction in greenhouse gas emissions by 2025

bwolfe — Tue, 21 Sep 2021 13:00:41 +0000

The Ontario Teachers’ Pension Plan is setting new targets to accompany its plan to tackle climate change and curb greenhouse gas emissions tied to its multi-billion dollar portfolio. The pension fund said it aims to slash the carbon emissions intensity of its investments by 45 per cent by 2025 and by two-thirds by 2030, compared to its […]

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Bâtirente appointing Éric Filion as CEO

bwolfe — Fri, 17 Sep 2021 13:00:13 +0000

Bâtirente is naming Éric Filion (pictured) as chief executive officer, effective Oct. 6. He’ll take over the position from Daniel Simard, who is retiring after 25 years as CEO. Simard will remain with Bâtirente as a special management advisor until June 30, 2022. Read: Bâtirente unveils new plan to optimize investments across all funds Since 2016, […]

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RESTing the case on climate change

mschmit — Wed, 02 Dec 2020 04:24:39 +0000

A lawsuit settlement on the other side of the world is reverberating around the globe as it increases the environmental, social and governance standards for a US$41 billion pension fund and potentially encourages similar legal action elsewhere. The lawsuit, filed against the Australian Retail Employees Superannuation Trust, known as REST, by one of its members, […]

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Learn more about the Sustainable Investing Award finalists

mschmit — Wed, 25 Nov 2020 09:23:19 +0000

The Canadian Investment Review’s Sustainable Investing Award will be presented to a pension plan that has shown leadership and/or significant progress when it comes to incorporating sustainability into the investment process. This will consider sound practices related to environmental, social and governance matters across asset classes and can include considerations related to people management within […]

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