ESG criteria – Benefits Canada.com https://uat-cumulus.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Thu, 16 Jan 2025 20:41:36 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Sounding Board: How institutional investors can manage the physical risks of climate change https://uat-cumulus.benefitscanada.com/canadian-investment-review/strategies/sounding-board-how-institutional-investors-can-manage-the-physical-risks-of-climate-change/ Wed, 17 Nov 2021 14:00:45 +0000 https://www.benefitscanada.com/?p=111588 With recent deadly heat waves and wild fires ravaging Canada’s west coast and large-scale flooding in the east, who can ignore the growing risk of extreme weather? Irrespective of efforts to reduce greenhouse gas emissions, extreme weather events, driven by climate change, are projected to increase in frequency, intensity and duration through the 21st century, […]

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]]> 2021 GIC coverage: Cutting through the ESG greenwash https://uat-cumulus.benefitscanada.com/canadian-investment-review/strategies/2021-gic-coverage-cutting-through-the-esg-greenwash/ Tue, 09 Nov 2021 12:00:18 +0000 https://www.benefitscanada.com/?p=109191 In his keynote address at the 2021 Global Investment Conference, Karthik Ramanna, professor of business and public policy at the University of Oxford’s Blavatnik School of Government, described the practice of greenwashing in corporate environmental, social and governance reports as “rampant.” “I’m going to give you some fairly specific tactical tools to tell the signal […]

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]]> 2021 GIC coverage: The evolution of ESG investing https://uat-cumulus.benefitscanada.com/pensions/governance-law/2021-gic-coverage-the-evolution-of-esg-investing/ Tue, 09 Nov 2021 11:49:46 +0000 https://www.benefitscanada.com/?p=111160 The recent emphasis on environmental, social and governance issues among pension investors will continue to dominate industry conversations in the future, according to a panel discussion with three high-profile figures in Canada’s investment sector during the 2021 Global Investment Conference. “If I could rename ESG, it would be GES,” said Alain Malaket, chief executive officer […]

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]]> Bâtirente on pace to reach 2025 climate goals https://uat-cumulus.benefitscanada.com/canadian-investment-review/strategies/batirente-on-pace-to-reach-2025-climate-goals/ Tue, 02 Nov 2021 13:00:56 +0000 https://www.benefitscanada.com/?p=110642 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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]]> PSP joins CPPIB as signatory on DEI pledge https://uat-cumulus.benefitscanada.com/canadian-investment-review/strategies/psp-joins-cppib-as-signatory-on-diversity-equity-and-inclusion-pledge/ Thu, 16 Sep 2021 16:45:20 +0000 https://www.benefitscanada.com/?p=107808 The Public Sector Pension Investment Board is becoming a signatory on a diversity, equity and inclusion pledge. The pension fund joined 179 investment organizations in signing the Diversity in Action Initiative from the Institutional Limited Partners Association, an organization dedicated to advancing the interests of limited partner sponsors. Since its launch earlier this year, 11 other Canadian […]

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]]> ESG integration hampered by pension plan sponsors, uncertainty around fiduciary duties: research paper https://uat-cumulus.benefitscanada.com/canadian-investment-review/strategies/esg-integration-hampered-by-pension-plan-sponsors-uncertainty-around-fiduciary-duties-research-paper/ Thu, 02 Sep 2021 13:00:43 +0000 https://www.benefitscanada.com/?p=106680 Board and executive-level efforts to integrate environmental, social and governance issues into pension plans’ investment strategies are frequently thwarted by unclear guidance from plan sponsors and uncertainty about fiduciary duties, according to a new working paper by the University of Pennsylvania. The paper concluded that efforts to implement ESG criteria in investment decision-making are frequently hamstrung […]

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]]> Canada ahead of U.S. in regulating ESG investments but more required: report https://uat-cumulus.benefitscanada.com/canadian-investment-review/cir-news/canada-ahead-of-u-s-in-regulating-esg-investments-but-more-required-report/ Tue, 31 Aug 2021 16:30:06 +0000 https://www.benefitscanada.com/?p=106569 Broad support for regulating environmental, social and governance-themed investments in Canada has left the U.S. Securities and Exchange Commission playing catch-up with its northern neighbour, says Katie Pries (pictured), president and chief executive officer of Northern Trust Canada. “While the U.S. Securities and Exchange Commission is working through its regulatory plans for ESG investing, Canada […]

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]]> Study finds surge in institutional investors’ allocations to thematic sustainable investments https://uat-cumulus.benefitscanada.com/canadian-investment-review/strategies/study-finds-survey-in-institutional-investors-allocations-to-thematic-sustainable-investments/ Thu, 19 Aug 2021 13:00:41 +0000 https://www.benefitscanada.com/?p=105953 The number of institutional investors using thematic sustainable investment strategies grew by about 20 per cent between 2016 and 2020, according to a new study by the U.K.-based data and analytics firm Coalition Greenwood. Sustainable thematic investment strategies are ones that target areas of investment where social or environmental needs create business opportunities. According to […]

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]]> CFA’s ESG standards could facilitate greenwashing, warns IFIC https://uat-cumulus.benefitscanada.com/news/cir-news-news/cfas-esg-standards-could-facilitate-greenwashing-warns-ific/ Tue, 20 Jul 2021 15:00:46 +0000 https://www.benefitscanada.com/?p=104255 The Chartered Financial Analyst Institute’s draft voluntary environmental, social and governance disclosure standards are vulnerable to greenwashing, warns the Investment Funds Institute of Canada. In an open letter to the CFA regarding its drafted voluntary regulations, the IFIC is criticizing the proposed standards’ failure to define what does and doesn’t qualify as an ESG investment. […]

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]]> Morningstar to acquire Sustainalytics https://uat-cumulus.benefitscanada.com/canadian-investment-review/research-markets/morningstar-to-acquire-sustainalytics/ Wed, 22 Apr 2020 04:39:03 +0000 https://cumulus.benefitscanada.com/uncategorized/morningstar-to-acquire-sustainalytics/ Two big players in the investment research space are joining forces. Morningstar Inc., a U.S.-based independent research firm is fully acquiring Sustainalytics, a Dutch-domiciled firm specializing in environmental, social, and governance ratings and research. Morningstar already took on a 40 per cent ownership stake in Sustainalytics in 2017 and will be buying the remaining 60 […]

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