climate change – 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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Top 2021 Money Managers Report: What questions should pension plan sponsors ask in 2022?

bwolfe — Fri, 19 Nov 2021 13:53:15 +0000

In the early days of 2020, no one could have foreseen the social and economic havoc the coronavirus pandemic would wreak on the world. Nearly two years later, as markets and economies continue to recover, Canadian pension plan sponsors are looking to their money managers to help light the way to a brighter financial future. […]

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AIMCo focusing on all three legs of ESG stool: report

mdunne — Fri, 12 Nov 2021 14:00:27 +0000

The Alberta Management Investment Co. is focusing on all three legs of the environmental, social and governance stool this year and beyond. The government-owned pension investment manager is addressing a range of ESG issues, from integrating climate risk to building a more diverse workforce to advancing its risk governance in 2021, according to its 11th […]

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IMCO committing to net-zero emissions in investment portfolios by 2050

lbailey — Thu, 11 Nov 2021 14:00:46 +0000

The Investment Management Corp. of Ontario is joining the growing list of asset owners committing to reaching net-zero alignment in their investment portfolios by 2050 through joining the Paris Aligned Investment Initiative. “We are committed to playing our part in the design of a new financial system that can secure a net-zero future for the world […]

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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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Employers focusing on employee-oriented interventions to reach climate goals: survey

lbailey — Wed, 10 Nov 2021 13:00:51 +0000

More than four in 10 (43 per cent) employers have implemented, started to implement or are considering climate metrics for their executive incentive plans, while another 27 per cent may consider these in the future, according to a new survey by Willis Towers Watson. The survey, which polled more than 90 North American companies, found nearly half […]

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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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2021 GIC coverage: Institutional investors seeing the future through private equity

bwolfe — Tue, 09 Nov 2021 11:57:28 +0000

The future has arrived — it’s just not evenly distributed yet,” wrote science fiction author and futurist William Gibson. It’s a favourite quote for Chris Evdaimon, investment manager of private companies at the investment management firm Baillie Gifford. He likes it so much that, during his presentation at the 2021 Global Investment Conference, he used […]

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Glasgow Financial Alliance for Net Zero grows to $US130 trillion in global commitments

Jennifer Paterson — Wed, 03 Nov 2021 13:15:13 +0000

More than 450 financial institutions across 45 countries are committing over US$130 trillion in private capital to transform the global economy to net zero over the next three decades. The Glasgow Financial Alliance for Net Zero, which was launched in April 2021, introduced 24 major initiatives for the 2021 United Nations Climate Change Conference, or […]

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Bâtirente on pace to reach 2025 climate goals

Gideon Scanlon — Tue, 02 Nov 2021 13:00:56 +0000

One year into a five-year plan to reduce its investments in greenhouse gas-emitting companies by 50 per cent, the Bâtirente is on pace to reach its target. Last year, the defined contribution pension fund announced a number of environmental commitments it intended to reach by 2025, including a pledge to reduce its exposure to climate-related […]

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